WisdomTree Bitcoin Fund (BTCW)

AI-Powered SEC Filing Analysis

Quarterly Report Filed: 2026-05-13

Key Insights

  • Bitcoin holdings increased significantly from $139M (December 31, 2025) to $147.3M (March 31, 2026) at fair value, representing approximately 5.9% growth in the fund's core asset during Q1 2026.
  • The fund maintains a minimal cost basis gap ($148M cost vs $147.3M fair value), indicating the bitcoin was acquired at prices very close to current valuations with negligible unrealized losses.
  • Outstanding shares remained stable at 2,045,000 shares as of March 31, 2026, suggesting no significant dilution or share redemptions during the quarter, supporting consistent fund structure and investor base stability.
  • As a smaller reporting company and emerging growth company, BTCW has reduced regulatory compliance burdens, though it remains a non-accelerated filer subject to standard 10-Q quarterly reporting requirements.
Annual Report Filed: 2026-03-27

Key Insights

  • The WisdomTree Bitcoin Fund (BTCW) had digital assets of over $200 million in Bitcoin at the end of 2025, indicating significant growth in the fund's holdings.
  • The fund's other assets less liabilities showed a positive balance, suggesting the fund is effectively managing its non-Bitcoin assets and liabilities.
  • The fund's investments are primarily in Level 1 and Level 2 fair value inputs, indicating a high degree of transparency and liquidity in the fund's portfolio.

Filings on this page are at least 90 days old. In the app, any new WisdomTree Bitcoin Fund filing is analysed the moment you open it.

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.