Bitwise Web3 ETF
BWEB
BWEB was delisted on the 21st of May, 2026.
4 hedge funds and large institutions have $933K invested in Bitwise Web3 ETF in 2025 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
9.97% less ownership
Funds ownership: 42.18% → 32.21% (-10%)
20% less funds holding
Funds holding: 5 → 4 (-1)
34% less capital invested
Capital invested by funds: $1.4M → $933K (-$470K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$42.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWP
Balboa Wealth Partners
Scottsdale,
Arizona
|
-$373K |
BWEB Hedge Fund Activity: Q1 2025 in Review
4 of the 7,470 institutional investors tracked by Wall St. Rank reported a position in Bitwise Web3 ETF (BWEB) for Q1 2025, worth a combined $933K — down 34% from $1.4M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of BWEB and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, adding an estimated $42.1K. The largest seller was Balboa Wealth Partners, exiting entirely with an estimated $373K sold.
- 4 institutional investors held Bitwise Web3 ETF (BWEB) as of Q1 2025, down from 5 in Q4 2024.
- Funds reported $933K of Bitwise Web3 ETF stock for Q1 2025, down 34% quarter-over-quarter.
- 0 funds opened new Bitwise Web3 ETF positions in Q1 2025 and 1 closed out, a net change of -1 holder.
- The largest Bitwise Web3 ETF buyer in Q1 2025 was Jane Street, an estimated $42.1K added.
- The largest Bitwise Web3 ETF seller in Q1 2025 was Balboa Wealth Partners, an estimated $373K sold.
Based on aggregated 13F filings for Q1 2025.