WisdomTree Bitcoin Fund (BTCW) Financials
Newest figures come from the 10-K for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BTCW SEC filings page.
This page shows WisdomTree Bitcoin Fund (BTCW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
WisdomTree Bitcoin Fund does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
WisdomTree Bitcoin Fund passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
WisdomTree Bitcoin Fund reported a net loss of $36.7M while generating $184.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q2 2026.
Cash & Balance Sheet
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
BTCW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BTCW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $136.5M-17.7% | $147.3M-20.4% | $139.7M-61.3% | $182.0M-22.9% | $165.9M+102.9% | $185.2M+128.6% | $360.6M | $236.0M |
| Cash & Equivalents | N/A | N/A | N/A | N/A | N/A | $32.5M+964662.6% | N/A | N/A |
| Short-Term Investments | N/A | N/A | N/A | N/A | N/A | $0 | N/A | N/A |
| Long-Term Investments | N/A | N/A | N/A | N/A | N/A | $0 | N/A | N/A |
| Total Liabilities | $29K-12.5% | $31K-99.9% | $30K-62.1% | $37K-18.4% | $34K | $32.6M | $79K | $45K |
| Total Equity | $136.5M-17.7% | $147.3M-3.5% | $139.7M-61.3% | $182.0M-22.9% | $165.9M | $152.6M | $360.5M | $235.9M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
BTCW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$10.6M-144.6% | -$41.5M-124.8% | -$1.9M+87.0% | -$5.4M+96.2% | $23.9M+320.1% | $167.6M+368.1% | -$14.6M | -$144.1M |
| Financing Cash Flow | $10.6M+118.9% | $41.5M+130.7% | $1.9M-87.0% | $5.4M-96.2% | -$56.4M-620.2% | -$135.1M-316.2% | $14.6M | $144.1M |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
BTCW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Where WisdomTree Bitcoin Fund Ranks
Frequently Asked Questions
Is WisdomTree Bitcoin Fund profitable?
No, WisdomTree Bitcoin Fund (BTCW) reported a net income of -$36.7M in fiscal year 2025.
What is WisdomTree Bitcoin Fund's return on equity (ROE)?
WisdomTree Bitcoin Fund (BTCW) has a return on equity of -26.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is WisdomTree Bitcoin Fund's operating cash flow?
WisdomTree Bitcoin Fund (BTCW) generated $184.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are WisdomTree Bitcoin Fund's total assets?
WisdomTree Bitcoin Fund (BTCW) had $139.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is WisdomTree Bitcoin Fund's debt-to-equity ratio?
WisdomTree Bitcoin Fund (BTCW) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is WisdomTree Bitcoin Fund's return on assets (ROA)?
WisdomTree Bitcoin Fund (BTCW) had a return on assets of -26.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is WisdomTree Bitcoin Fund's Piotroski F-Score?
WisdomTree Bitcoin Fund (BTCW) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are WisdomTree Bitcoin Fund's earnings high quality?
WisdomTree Bitcoin Fund (BTCW) reported a net loss of $36.7M while generating $184.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.