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: December 5, 2022 9:00 PM UTC

Estimated NAV‡: $5.65

1 Month
3 Months
YTD
12 Months
Since
Inception†
The Bitwise Polygon Fund *
-24.4%
3.1%
-64.0%
-56.4%
-43.5%
Polygon **
-24.4%
3.4%
-63.4%
-55.7%
-41.2%

* 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 December 5, 2022 9:00 PM UTC; non-GAAP, unaudited.

Key Facts

Minimum Investment
Subscriptions

Weekly, on Tuesday and Thursday

Redemptions

Weekly, on Wednesday*

Asset Class

Cryptocurrency

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.