Private Fund
Bitwise Polygon Fund
The Bitwise Polygon (MATIC) Fund is an easy and efficient way to get exposure to MATIC, one of the essential innovations helping bring Ethereum applications such as DeFi, NFTs, and crypto gaming into the mainstream. The Fund offers investors a means of participating in the MATIC market with the security and convenience of a traditional investment vehicle managed by a dedicated crypto asset management firm. It lowers logistical barriers to entry such as exchange access, custody, and execution costs.
Please see additional fund-specific disclosures in the Fact Sheet.
Returns
As of: September 29, 2023 8:00 PM UTC
Estimated NAV‡: $3.23
Inception †
* Fund returns are calculated net of expenses. The Fund is subject to a 2.0% 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.
** Historical performance of Polygon (MATIC) is not illustrative of the performance of the Bitwise Polygon (MATIC) Fund. The returns of MATIC are historical and unaudited and do not represent the returns of an actual fund. The historical returns of MATIC do not include the fees and expenses that are charged by any Fund investments. Actual Fund returns may differ materially from the historical returns of MATIC and past performance is not a guarantee of future performance. Please refer to additional important disclosures here.
† The Bitwise Polygon Fund inception date: October 20, 2021.
‡ Estimated NAV as of September 29, 2023 8:00 PM UTC; non-GAAP, unaudited.
Key Facts
Minimum Investment
Subscriptions
Weekly, on Tuesday and Thursday
Redemptions
Weekly, on Wednesday*
Asset Class
Crypto Assets
Investor Qualifications
Open to Accredited Investors as defined in Regulation D of the U.S. Securities Act of 1933
* Requires a two-day notice period.
Fees and Expenses
Expense Ratio
Performance Fee
0%
* Expense Ratio 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.
Details
Attorney
Wilson Sonsini Goodrich & Rosati
Administrator
Theorem Fund Services
Audit
WithumSmith+Brown, PC
Tax
Cohen & Company
Custodian
Coinbase Custody Trust Company, LLC
Sponsor
Bitwise Investment Advisers, LLC
Offer Summary
Shares offered and sold under the exemption provided by Rule 506(c) of Regulation D
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 Polygon Fund today
The Bitwise Polygon Fund is a simple and convenient way to gain exposure to Polygon (MATIC). The Fund currently has a $10,000 minimum investment, and is open to accredited investors only.