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Bitwise launches Web3 ETF for institutional and retail investors

Bitwise launches Web3 ETF for institutional and retail investors thumbnail

The ETF tracks the Bitwise Web3 Equities Index, with over 85% exposure to companies in Web3.

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Bitwise launches Web3 ETF for institutional and retail investors

Bitwise Asset Management announced on Oct. 3 a new exchange-traded fund (ETF) to both institutional and retail investors, giving them access to companies “positioned to benefit” from Web3 growth. 

Bitwise in a statement said it marks “the next wave of the internet’s development characterized by greater decentralization and individual ownership of data.”

We have exciting news! Today we launched the Bitwise Web3 ETF (BWEB), a fund designed to provide focused exposure to one of the fastest-emerging themes in technology. For more information about the fund, go to: https://t.co/8rjQbwFJrM pic.twitter.com/RumkXViGl8

— Bitwise (@BitwiseInvest) October 4, 2022

Traded under the ticker BWEB, the ETF tracks the Bitwise Web3 Equities Index, with over 85

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