Private Fund

Bitwise Uniswap Fund

The Bitwise Uniswap (UNI) Fund is a smart and secure way to get exposure to UNI. Get access to the leading DeFi exchange* with the security and convenience of a traditional investment vehicle managed by a dedicated crypto asset management firm. The Fund offers investors a means of participating in the UNI market while lowering logistical barriers to entry such as exchange access, custody, and execution costs.

*By Trading Volume

Documents

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

Returns

As of: March 27, 2024 8:00 PM UTC

Estimated NAV‡: $7.13

1 Month
3 Months
YTD
12 Months
Since
Inception †
The Bitwise Uniswap Fund *
13.1%
67.1%
58.5%
114.2%
-28.7%
Uniswap **
13.3%
67.9%
59.1%
118.5%
-24.8%

* 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 Uniswap (UNI) is not illustrative of the performance of the Bitwise Uniswap (UNI) Fund. The returns of UNI are historical and unaudited and do not represent the returns of an actual fund. The historical returns of UNI 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 UNI and past performance is not a guarantee of future performance. Please refer to additional important disclosures here.

† The Bitwise Uniswap Fund inception date: July 21, 2021.

‡ Estimated NAV as of March 27, 2024 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

Anchorage Digital Bank

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 Uniswap Fund today

The Bitwise Uniswap Fund is a smart and convenient way to gain exposure to Uniswap (UNI). It is currently limited to accredited investors, with a $10,000 minimum investment.