PANews|May 01, 2026 14:31
[Bitwise Announces Closure and Liquidation of BTOP and BWEB Crypto ETFs]
According to PRNewswire, crypto asset management company Bitwise has announced the closure and liquidation of its two crypto ETFs: Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) and Bitwise Web3 ETF (BWEB). The specific reasons for the closure have not yet been disclosed. Bitwise reminds investors that fund shares not actively sold by May 21, 2026, will be automatically redeemed in cash based on the net asset value (NAV) of each ETF. The related funds are expected to be distributed around May 29, 2026, through brokers or other financial intermediaries.
Share To
HotFlash
APP
X
Telegram
CopyLink