Private Fund

Bitwise Blue-Chip NFT Index Fund

The Bitwise Blue-Chip NFT Index Fund is a simple and secure way to gain diversified exposure to an entirely new frontier in digital art and culture. The Fund seeks to track an index of the most valuable (as defined by market capitalization) and well-established NFT collections in the Arts and Collectibles sector. Collections considered for inclusion in the Fund are monitored for certain risks as set forth in the index, selected and weighted based on an adjusted floor price market capitalization, and rebalanced quarterly.

Please see additional fund-specific disclosures in the Fact Sheet.

Returns

As of: December 5, 2022 9:00 PM UTC

1 Month
3 Months
YTD
12 Months
Since
Inception†
Bitwise Blue-Chip NFT Index Fund *
-26.8%
-24.5%
-64.3%
-62.0%
Bitwise Blue-Chip NFT Collections Index **
-26.1%
-23.7%
-68.5%
-65.7%

* Fund returns are calculated net of expenses. Shares are subject to a 3.0% expense ratio that includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.

** Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. Index performance does not include the fees and expenses that are charged by the Fund. Past performance is not indicative of future performance. Please refer to additional important disclosures here.

† Bitwise Blue-Chip NFT Index Fund inception date: December 17, 2021.

Index Constituents

As of: December 5, 2022 9:00 PM UTC

Name
Weight
Market Cap
Floor Price
Change (24hr)
CryptoPunksCryptoPunks
29.6%
$820,129,070
$82,012.91
-1.7%
Bored Ape Yacht ClubBored Ape Yacht Club
29.5%
$816,398,927
$81,639.89
-0.5%
Mutant Ape Yacht ClubMutant Ape Yacht Club
12.2%
$336,673,659
$17,331.98
-0.9%
Clone XClone X
6.0%
$165,799,013
$8,552.95
-8.8%
AzukiAzuki
5.4%
$148,075,371
$14,807.54
0.9%
Chromie SquiggleChromie Squiggle
5.0%
$139,760,028
$15,058.73
4.7%
MoonbirdsMoonbirds
3.9%
$108,010,873
$10,801.09
4.3%
DoodlesDoodles
3.2%
$89,235,820
$8,923.58
2.7%
MeebitsMeebits
2.6%
$71,982,967
$3,599.15
0.6%
VeeFriendsVeeFriends
2.6%
$71,482,161
$6,970.47
8.8%

Index

Index

The Bitwise Blue-Chip NFT Collections Index

Index Methodology

See methodology here

Index Rebalance

Quarterly

Index Eligibility Criteria

Market cap, category, collection size, liquidity, and more are considered. See methodology for full description.

Key Facts

Minimum Investment
Subscriptions

Weekly, on Wednesday

Redemptions

Monthly, last Wednesday of the month*

Lock-Up Period

Six months

Asset Class

Non-Fungible Token (NFT)

Investor Qualifications

Open to Accredited Investors as defined in Regulation D of the U.S. Securities Act of 1933

* Subject to certain restrictions and a 30-day notice period.

Fees and Expenses

Expense Ratio
Performance Fee

0%

* Expense Ratio includes the management fee and customary fees, custody charges for holding the fund’s assets charged by the custodian, and expenses of the fund administrator and auditor.

Details

Attorney

Wilson Sonsini Goodrich & Rosati

Administrator

Theorem Fund Services

Audit

WithumSmith+Brown, PC

Tax

Cohen & Company

Sponsor

Bitwise Investment Advisers, LLC

Offer Summary

Ownership units offered under Regulation D / 506 (c)

Taxation

The fund intends to be treated as a pass-through partnership for tax purposes. K-1s are prepared for investors.

Contributions

U.S. bank wires

Become an investor in the Bitwise Blue-Chip NFT Index Fund today

The Fund is a smart and convenient way to gain exposure to the most valuable (as defined by market capitalization) and well-established NFT collections in the Arts and Collectibles sector. It is currently limited to accredited investors, with a $25,000 minimum investment.