Wisdomtree Bitcoin Fund (BTCW) — SEC Filings
Wisdomtree Bitcoin Fund (BTCW) — 13 SEC filings. Latest: 10-Q (Nov 12, 2025). Includes 6 10-Q, 2 10-K, 2 S-1/A.
View Wisdomtree Bitcoin Fund on SEC EDGAR
Overview
Wisdomtree Bitcoin Fund (BTCW) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 12, 2025: The WisdomTree Bitcoin Fund (BTCW) experienced a significant decrease in net assets, falling from $360,517,232 on December 31, 2024, to $181,996,514 by September 30, 2025, representing a 49.5% decline. This was primarily driven by substantial net redemptions of shares, totaling $186,061,469 for the
Sentiment Summary
Across 13 filings, the sentiment breakdown is: 2 bearish, 11 neutral. The dominant filing sentiment for Wisdomtree Bitcoin Fund is neutral.
Filing Type Overview
Wisdomtree Bitcoin Fund (BTCW) has filed 6 10-Q, 2 10-K, 1 8-K, 1 SC 13G/A, 1 SC 13G, 2 S-1/A with the SEC between Jan 2024 to Nov 2025.
Filings by Year
Recent SEC Filings (13)
| Date | Form | Description | Risk |
|---|---|---|---|
| Nov 12, 2025 | 10-Q | WisdomTree Bitcoin Fund's Assets Halve Amidst Major Redemptions | medium |
| Aug 13, 2025 | 10-Q | WisdomTree Bitcoin Fund's Assets Halved Amidst Redemptions | high |
| May 15, 2025 | 10-Q | WisdomTree Bitcoin Fund Q1 2025 10-Q Filed | medium |
| Mar 27, 2025 | 10-K | WisdomTree Bitcoin Fund Files 2024 10-K | medium |
| Nov 26, 2024 | 8-K | WisdomTree Bitcoin Fund Files 8-K with Material Agreements | low |
| Nov 13, 2024 | 10-Q | WisdomTree Bitcoin Fund Q3 2024 Update | medium |
| Sep 10, 2024 | SC 13G/A | SC 13G/A Filing | |
| Aug 14, 2024 | 10-Q | WisdomTree Bitcoin Fund Q2 2024 10-Q Filed | medium |
| May 14, 2024 | 10-Q | WisdomTree Bitcoin Fund Files 10-Q for Q1 2024 | low |
| May 10, 2024 | SC 13G | SC 13G Filing | |
| Mar 29, 2024 | 10-K | WisdomTree Bitcoin Fund Files 2023 Annual Report on Form 10-K | |
| Jan 9, 2024 | S-1/A | WisdomTree Bitcoin Fund Files Amendment No. 7 to S-1 Registration Statement | low |
| Jan 8, 2024 | S-1/A | WisdomTree Bitcoin Fund Files Amendment No. 6 to S-1 Registration Statement | BTCW |
Risk Profile
Risk Assessment: Of BTCW's 9 recent filings, 1 were flagged as high-risk, 5 as medium-risk, and 3 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $0 |
| Net Income | $7,540,751 |
| EPS | N/A |
| Debt-to-Equity | 0.0 |
| Cash Position | $0 |
| Operating Margin | N/A |
| Total Assets | $181,996,514 |
| Total Debt | $0 |
Key Executives
- Ryan M. Louvar
- Todd P. Zerega
Industry Context
The digital asset fund industry is characterized by high volatility and evolving regulatory scrutiny. Competitors offer similar bitcoin-based investment vehicles, creating a competitive landscape where performance and investor sentiment are key drivers of asset flows. The underlying asset, bitcoin, is subject to significant price swings influenced by macroeconomic factors, adoption rates, and regulatory news.
Top Tags
WisdomTree (5) · Bitcoin ETF (4) · Cryptocurrency (4) · bitcoin-etf (3) · 10-q (3) · Fund Redemptions (2) · Digital Assets (2) · cryptocurrency (2) · digital-assets (2) · Bitcoin (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Assets as of September 30, 2025 | $181,996,514 | Decreased from $360,517,232 on December 31, 2024, a 49.5% decline. |
| Net Assets as of December 31, 2024 | $360,517,232 | Baseline for comparison of asset decline. |
| Net decrease in net assets from capital share transactions | $186,061,469 | Primary driver of the overall net asset decline for the nine months ended September 30, 2025. |
| Net proceeds from sale of shares | $34,326,646 | For the nine months ended September 30, 2025, significantly less than redemptions. |
| Cost of shares redeemed | $220,388,115 | For the nine months ended September 30, 2025, indicating substantial outflows. |
| Net Asset Value Per Share as of September 30, 2025 | $120.93 | Increased from $99.04 on December 31, 2024, despite overall asset decline. |
| Net Asset Value Per Share as of December 31, 2024 | $99.04 | Baseline for comparison of NAV per share increase. |
| Shares outstanding as of September 30, 2025 | 1,505,000 | Decreased from 3,640,000 shares on December 31, 2024. |
| Net increase in net assets resulting from operations | $7,540,751 | For the nine months ended September 30, 2025, positive but offset by redemptions. |
| Net decrease in unrealized appreciation on investment in bitcoin | $48,448,570 | For the nine months ended September 30, 2025, contributing to the asset decline. |
| Net Assets | $165.9M | Decreased from $360.5M on Dec 31, 2024, to $165.9M on June 30, 2025, a 54% decline. |
| Outstanding Shares | 1.46M | Decreased from 3.64M on Dec 31, 2024, to 1.46M on June 30, 2025, a 60% reduction. |
| Net Asset Value Per Share | $113.61 | Increased from $99.04 on Dec 31, 2024, to $113.61 on June 30, 2025. |
| Net Redemptions | $191.5M | Net decrease in net assets from capital share transactions for the six months ended June 30, 2025. |
| Net Investment Loss | $300,275 | For the six months ended June 30, 2025, due to Sponsor Fees. |
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Frequently Asked Questions
What are the latest SEC filings for Wisdomtree Bitcoin Fund (BTCW)?
Wisdomtree Bitcoin Fund has 13 recent SEC filings from Jan 2024 to Nov 2025, including 6 10-Q, 2 10-K, 2 S-1/A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of BTCW filings?
Across 13 filings, the sentiment breakdown is: 2 bearish, 11 neutral. The dominant sentiment is neutral.
Where can I find Wisdomtree Bitcoin Fund SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Wisdomtree Bitcoin Fund (BTCW) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Wisdomtree Bitcoin Fund?
Key financial highlights from Wisdomtree Bitcoin Fund's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for BTCW?
The investment thesis for BTCW includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Wisdomtree Bitcoin Fund?
Key executives identified across Wisdomtree Bitcoin Fund's filings include Ryan M. Louvar, Todd P. Zerega.
What are the main risk factors for Wisdomtree Bitcoin Fund stock?
Of BTCW's 9 assessed filings, 1 were flagged high-risk, 5 medium-risk, and 3 low-risk.
What are recent predictions and forward guidance from Wisdomtree Bitcoin Fund?
Forward guidance and predictions for Wisdomtree Bitcoin Fund are extracted from SEC filings as they are enriched.