Bitwise Web3 ETF

BWEB

Market cap $7.01M

Three blockchain and cryptocurrency-linked exchange-traded funds have surged into the market's top decile as momentum scores spiked sharply this week, suggesting these funds may be on the cusp of a breakout rally.

Bitwise Asset Management has acquired ETC Group, marking the firm's expansion into Europe.  San Francisco-based Bitwise's acquisition of London-based ETC Group will add nine European-listed crypto exchange-traded products to Bitwise's lineup, bringing total assets under management above $4.5 billion.

In its latest report released last December, the Bureau of Economic Analysis (BEA) estimates that the digital economy now represents 10% of the total U.S. GDP, or $2.6 trillion.  The digital economy is also growing at an average annual growth rate of 7.1%.

To use a holiday analogy, I have been checking lists and checking them twice to figure out which of next year's top disruptive investment themes are likely to be nice.

The year is coming to a close, and many disruptive themes had a stellar year from an investment standpoint — some well-known and others under the radar. Here are a few of the top disruptive technology themes of 2023.

On this episode of ETF Prime, host Nate Geraci speaks with a pair of individuals discussing several different ETF-related topics. His guests include VettaFi's Lara Crigger who gives her perspective on overlooked ETF stories from 2023.