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WisdomTree Bitcoin Fund

BTCWSpot ETF

WisdomTree · CBOE BZX · United States

BTCW is WisdomTree's spot Bitcoin ETF, a manager specialised in ETFs with a strong presence in the US and Europe. WisdomTree was already managing crypto ETPs on European exchanges back in 2019, giving it operational experience with digital assets. In the US market it has gathered modest AUM compared with the giants (BlackRock, Fidelity), partly due to a smaller distribution network. With a 0.25% TER, it competes in line with the market average. Custodied by Coinbase, it trades on CBOE BZX.

AUM$132.8M0.2% of the US spot market
BTC in Custody· as of Jul 302,116$132.8M live value
Expense Ratio0.25%annual · on AUM
InceptionEne 2024CBOE BZX

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Net Flows

Source: Farside
Latest day+$0.0000
Month to date (MTD)−$5.1M
Year to date (YTD)+$47.1M
All-time since launch+$91.1M

Daily flows are refreshed every morning via automated scraping of Farside Investors. Positive flows = net capital inflows; negative flows = outflows.

Last updated: Aug 01, 2026, 12:01 AM

Fund Details

TickerBTCW
IssuerWisdomTree
ExchangeCBOE BZX
Reference indexCF Benchmarks Bitcoin Reference Rate
CustodianCoinbase Custody
Inception dateEne 2024
Structure1933 Act ETF
TER (expense ratio)0.25% annual
Shares outstanding3.50M

Marketloading live…

Last session price
Intraday change
24h volume
Premium / Discount vs NAV

Weekly Net Flows

77 weeks · source: Farside
-$105M-$52M$0$52M$105MFeb 25May 25Aug 25Nov 25Feb 26May 26Jul 26
Net inflows Net outflowsHover: weekly detail

Bitcoin Exposure

WisdomTree Bitcoin Fund holds 2,116 in custody with Coinbase Custody. Each ETF share represents a proportional fraction of those Bitcoin, giving investors direct exposure to the BTC spot price without the operational risks of self-custody (wallets, private keys). The ETF tracks the BTC price via the CF Benchmarks Bitcoin Reference Rate index.

Live BTC price: $62,737 · BTC value in custody today: $132.8M

Official DocumentationWisdomTreeProduct page at the issuer and SEC prospectus

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Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.