WisdomTree Investments is a New York–based ETF and ETP issuer founded in 1985. It pioneered model-driven ETFs and has run physically-backed crypto ETPs in Europe for years, which makes its US spot Bitcoin ETF an extension of an existing business rather than a first attempt at the asset class.
BTCW is WisdomTree's US spot Bitcoin ETF, launched alongside the January 2024 wave. It holds bitcoin directly and sits at the smaller end of that cohort by assets, with the firm's longer-running European crypto ETPs operating separately.
WisdomTree runs a large ETF business overall, but its US crypto ETF presence is a single fund, BTCW, so its share of US spot Bitcoin ETF flows is modest.
BTCW, a US spot Bitcoin ETF launched with the January 2024 wave. It holds bitcoin directly.
Yes — the firm has run physically-backed crypto ETPs in Europe for years, separately from BTCW.
It is among the smaller funds of the January 2024 spot Bitcoin ETF cohort; its current flows are shown live on this page.