Bitwise launches New Web3 Fund "Bitwise Web3 ETF (BWEB)"

Crypto Asset manager Bitwise Asset Management announced the launch of a new Web3 trading platform traded fund (ETF) called "Bitwise Web3 ETF", according to Cointelgraph. Designed to allow institutional and retail investors to benefit from Web3 growth. It is understood that the ETF will trade under the symbol "BWEB" and the new fund will track the Bitwise Web3 stock index, which has more than 85% of companies directly linked to the Web3 business, It covers Web3 infrastructure, finance, meta-universe development and governance supporting Web3, and creator economy supporting Web3 technology, etc.