BTCW – WisdomTree Bitcoin Fund – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to gain exposure to the price of bitcoin, less expenses and liabilities of the trust’s operations. In seeking to achieve its investment objective, the trust will hold bitcoin and will value its shares daily based on the value of bitcoin as reflected by the CME CF Bitcoin Reference Rate – New York Variant (the “Reference Rate”), which is an independently calculated value based on an aggregation of executed trade flow of major bitcoin spot platforms.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BTCW	WisdomTree Bitcoin Fund	ETF	Open	—	—	Jan 8, 2024	$172.88M	0.250%	—	—	$31.26M

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