Cryptocurrency index fund management company Bitwise has launched a Web3-focused ETF "BWEB"

Chain Catcher news, cryptocurrency index fund management company Bitwise has launched a Web3-focused ETF "BWEB," primarily based on the Bitwise Web3 Stock Index, which includes investments in five categories of Web3 companies (infrastructure providers, metaverse, finance, digital world, etc.), providing exposure to up to 40 companies. Currently, BWEB is listed and traded on NYSE Arca, with a management fee equivalent to 0.85% of the average daily net assets. (Source link)