Key Takeaways
- • Bitwise Funds Trust holds $5.26 billion in net assets across a diversified crypto and Web3 investment portfolio, positioning it as a major institutional gateway to digital assets.
- • BITW (Bitwise 10 Crypto Index Fund) concentrates 97.2% of assets in its top 10 holdings, tracking the 10 largest cryptocurrencies by market capitalization with monthly rebalancing and expert screening.
- • Bitwise Web3 ETF portfolio includes 41 total holdings with exposure to Web3 infrastructure leaders including Shopify, Roblox, Meta, Cloudflare, and Equinix, reflecting the firm's broader thesis on crypto-adjacent equities.
- • BITC (Bitwise Bitcoin ETF) employs direct cryptocurrency holdings and cash positions, including Treasury Bills maturing October 29, 2026, demonstrating a conservative approach to custody and liquidity management.
- • Bitwise Asset Management operates 70+ products globally with a nine-year operational track record, serving institutional and individual investors through ETFs, separately managed accounts (SMAs), private funds, and staking solutions.
Summary
Bitwise Asset Management operates as the world's largest cryptocurrency index fund manager, with the Bitwise Funds Trust maintaining $5.26 billion in net assets as of the reporting date. The firm has established itself as a specialized manager focused exclusively on crypto and digital asset exposure since its founding, distinguishing itself through dedicated expertise rather than treating crypto as a peripheral offering.
The trust's primary flagship product, BITW (Bitwise 10 Crypto Index Fund), tracks an index of the 10 largest cryptocurrencies by market capitalization, screened and weighted by Bitwise's in-house research team. The fund's portfolio exhibits significant concentration, with the top 10 holdings representing 97.2% of total assets, reflecting the natural market-cap weighting methodology. Monthly rebalancing ensures the portfolio remains aligned with evolving market dynamics. This structure provides institutional investors with a transparent, rules-based approach to broad crypto exposure rather than active management discretion.
Beyond pure cryptocurrency holdings, Bitwise's Web3 ETF extends exposure into adjacent equity markets, holding 41 total positions in companies positioned to benefit from blockchain adoption. The fund's top holdings include Shopify, Roblox, Meta, Cloudflare, and Equinix—representing infrastructure providers, platforms, and technology companies with meaningful Web3 exposure. This dual-asset-class approach allows investors to gain both direct crypto and equity-based digital transformation exposure within a single vehicle.
The firm's bitcoin-specific offering, BITC (Bitwise Bitcoin ETF), maintains direct cryptocurrency holdings alongside liquidity reserves including Treasury Bills and cash positions. As of the reporting date, the fund held significant Treasury Bill allocations maturing October 29, 2026, demonstrating a conservative approach to cash management and regulatory compliance.
Bitwise Asset Management operates a comprehensive product suite exceeding 70 offerings globally, delivered through multiple vehicles including ETFs, separately managed accounts, private funds, and staking solutions. The firm employs over 175 professionals across technology, asset management, and legal functions, leveraging a nine-year operational track record to serve institutional clients, family offices, and individual investors seeking regulated, professionally managed crypto exposure.
The trust's primary flagship product, BITW (Bitwise 10 Crypto Index Fund), tracks an index of the 10 largest cryptocurrencies by market capitalization, screened and weighted by Bitwise's in-house research team. The fund's portfolio exhibits significant concentration, with the top 10 holdings representing 97.2% of total assets, reflecting the natural market-cap weighting methodology. Monthly rebalancing ensures the portfolio remains aligned with evolving market dynamics. This structure provides institutional investors with a transparent, rules-based approach to broad crypto exposure rather than active management discretion.
Beyond pure cryptocurrency holdings, Bitwise's Web3 ETF extends exposure into adjacent equity markets, holding 41 total positions in companies positioned to benefit from blockchain adoption. The fund's top holdings include Shopify, Roblox, Meta, Cloudflare, and Equinix—representing infrastructure providers, platforms, and technology companies with meaningful Web3 exposure. This dual-asset-class approach allows investors to gain both direct crypto and equity-based digital transformation exposure within a single vehicle.
The firm's bitcoin-specific offering, BITC (Bitwise Bitcoin ETF), maintains direct cryptocurrency holdings alongside liquidity reserves including Treasury Bills and cash positions. As of the reporting date, the fund held significant Treasury Bill allocations maturing October 29, 2026, demonstrating a conservative approach to cash management and regulatory compliance.
Bitwise Asset Management operates a comprehensive product suite exceeding 70 offerings globally, delivered through multiple vehicles including ETFs, separately managed accounts, private funds, and staking solutions. The firm employs over 175 professionals across technology, asset management, and legal functions, leveraging a nine-year operational track record to serve institutional clients, family offices, and individual investors seeking regulated, professionally managed crypto exposure.
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