Bitwise Asset Management added Bitwise Web3 ETF (ticker: BWEB) to its suite of investment solutions that help investors gain professionally managed exposure to the crypto market.
The ETF tracks the Bitwise Web3 Equities Index, which includes exposure to companies spread across five themes.
These are:
Web3 Infrastructure Providers
Web3 Finance
Web3-Enabled Metaverse and Digital Worlds
Web3-Enabled Creator Economy
Web3 Development and Governance
The fund, which is available to both retail and institutional investors, is not subject to investment minimums.
“Today, many experts believe we’re on the cusp of a major evolution in the core architecture of the internet,” said Bitwise CIO Matt Hougan. “Any shift of that magnitude will depend on companies that can provide the services and infrastructure to support it. With the Bitwise Web3 ETF, we’re excited to give investors the opportunity to capture one of the fastest-emerging themes in technology through a diverse mix of companies that we believe will lead the charge.”
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