BWEB - ETF AI Analysis
Top Page
Bitwise Web3 ETF (BWEB)
Rating:59Neutral
Price Target:―
Positive Factors
Web3-Focused Growth Theme
The ETF targets companies tied to the Web3 ecosystem, giving investors focused exposure to a potentially fast-growing area of technology and digital finance.
Strong Recent Short-Term Performance
The fund has shown strong gains over the past month and positive results so far this year, indicating recent momentum in its holdings.
Leading Tech and Platform Companies in Top Holdings
Top positions include well-known technology and platform businesses, some of which have delivered solid gains this year and helped support overall performance.
Negative Factors
High Expense Ratio
The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.
Concentrated Sector Exposure
Most assets are in technology, financial, and communication services stocks, making the ETF sensitive to downturns in these specific areas.
Several Weak Top Holdings
A number of the largest positions have shown weak or negative performance this year, which could drag on the fund if those stocks do not recover.
BWEB vs. SPDR S&P 500 ETF (SPY)
AUM6.47M
RegionGlobal
Expense Ratio0.85%
Beta1.66
IssuerBitwise
Inception DateOct 04, 2022
Dividend YieldN/A
Asset ClassEquity
Index TrackedBitwise Web3 Equities Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume0
30 Day Avg. Volume348
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BWEB Summary
The Bitwise Web3 ETF (BWEB) follows the Bitwise Web3 Equities Index, focusing on companies building the next generation of the internet, known as Web3. This includes businesses involved in blockchain, digital platforms, and online infrastructure. Well-known holdings include Meta Platforms and Shopify, along with other tech and finance names tied to the online and crypto ecosystem. Someone might invest in BWEB to seek long-term growth from early-stage Web3 trends while spreading money across many companies instead of picking just one. A key risk is that it is heavily tied to tech and Web3, so its price can be very volatile and may drop sharply if this theme falls out of favor.
How much will it cost me?The Bitwise Web3 ETF has an expense ratio of 0.85%, which means you’ll pay $8.50 per year for every $1,000 invested. This is higher than average because it’s actively managed to focus on a specific niche—companies driving the Web3 ecosystem—requiring more research and specialized expertise.
What would affect this ETF?The Bitwise Web3 ETF could benefit from growing adoption of blockchain technologies and decentralized platforms, as well as increased interest in Web3 innovations from major tech companies like Meta and Shopify. However, it may face challenges from regulatory scrutiny on cryptocurrencies and blockchain, as well as potential economic slowdowns that could impact technology and financial sectors globally.
BWEB Top 10 Holdings
BWEB is leaning hard into the Web3 theme, with a tech-and-financials backbone and a global mix of names. High-flyers like IREN, Circle, Applied Digital, and Hut 8 have been doing the heavy lifting, riding the wave of interest in blockchain infrastructure and AI-driven cloud services. Cloudflare has also been a steady helper on the infrastructure side. On the flip side, big internet names like Meta, Shopify, and Roblox have been losing steam, acting as a brake on returns and reminding investors that this is a concentrated, high-volatility bet on the next version of the internet.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Meta Platforms | 6.53% | $416.67K | $1.61T | -2.31% | 76 Outperform | |
| IREN | 5.63% | $358.76K | $22.67B | 657.33% | 64 Neutral | |
| Shopify | 5.36% | $341.55K | $154.59B | 10.72% | ― | |
| Circle Internet Group, Inc. Class A | 4.77% | $304.06K | $28.09B | ― | 64 Neutral | |
| Roblox | 4.57% | $291.24K | $33.76B | -45.79% | 51 Neutral | |
| Equinix | 4.54% | $289.61K | $105.33B | 20.16% | 73 Outperform | |
| Electronic Arts | 3.87% | $246.63K | $50.58B | 40.30% | 70 Outperform | |
| Applied Digital Corporation | 3.78% | $241.04K | $13.51B | 592.24% | 54 Neutral | |
| Cloudflare | 3.76% | $239.84K | $85.48B | 45.77% | 61 Neutral | |
| Hut 8 | 3.42% | $218.25K | C$19.40B | 724.83% | 56 Neutral |
BWEB Technical Analysis
Positive
―
Price Trends
72.81
Positive
70.40
Positive
73.86
Positive
Market Momentum
0.98
Positive
58.82
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BWEB, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 76.33, equal to the 50-day MA of 72.81, and equal to the 200-day MA of 73.86, indicating a bullish trend. The MACD of 0.98 indicates Positive momentum. The RSI at 58.82 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BWEB.
BWEB Peer Comparison
Comparison Results
Performance Comparison
BWEB
Bitwise Web3 ETF
76.83
13.58
21.47%
EVX
VanEck Environmental Services ETF
―
―
―
FMET
Fidelity Metaverse ETF
―
―
―
IVRS
iShares Future Metaverse Tech and Communications ETF
―
―
―
VERS
ProShares Metaverse ETF
―
―
―
ARVR
First Trust Indxx Metaverse ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents