WisdomTree BTC

Fund Description

BTCW passively mirrors the performance of Bitcoin, leveraging a Benchmark Rate for valuation. The fund does notengage in direct investment or management of the digital currency.

FactSet Analyst Report

BTCW passively tracks Bitcoins market price using the CME CF Bitcoin Reference Rate New York Variant, whichaggregates data from a selection of Bitcoin exchanges that meet their constituent exchange criteria. The process ofchoosing the exchange trading platforms focuses on including reliable, transparent exchanges with strong trading activityfrom diverse geographic regions, all while ensuring adherence to regulatory standards for an accurate reflection of thebitcoin market. BTCW focuses on asset protection through primarily offline cold storage, mitigating the risk of cyber theft.Tailored for potential portfolio diversification into digital assets within more traditional investment products, BTCW isstructured to mirror Bitcoins price movements and is aimed at investors seeking indirect exposure to the digital assetmarket while avoiding the complexities of direct cryptocurrency ownership. Additionally, it is important to note thatinvestors should compare fees, such as expense ratio, tracking, and overall cost when selecting specific investments inthis space.