Bitwise Web3 ETF (BWEB)
Bitwise Web3 ETF operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $74.90, up 0.00% on the session, giving a market capitalisation of $4.6M. Its beta of 2.17 implies it has historically moved more than the broad market.
Under typical market conditions, this fund generally allocates a significant portion—at least 80%—of its total investable capital (comprising net assets and any borrowed funds) to the holdings of its benchmark index. This index is designed to provide targeted investment in the shares of companies poised to capitalize on the growth and innovation within the Web3 ecosystem and its related technologies. The fund maintains a concentrated, non-diversified portfolio.
Bitwise Web3 ETF is most often compared with the following Financial Services names: