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Bitwise (BTOP, BWEB) will close and liquidate two ETFs: Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) and Bitwise Web3 ETF (BWEB). The company reports $11 billion in client assets as of April 1, 2026.
Key dates: last day to purchase creation units and last trading day are May 21, 2026; final NAV calculation is May 28, 2026; liquidation and expected cash redemptions to shareholders are on or around May 29, 2026. Shareholders who retain shares past May 21 will be automatically redeemed for cash via brokers.