Bitwise Funds Trust

12/19/2025 | Press release | Distributed by Public on 12/19/2025 09:56

Prospectus by Investment Company (Form 497)

Rule 497(e)

Registration Nos. 333-264900 and 811-23801

Bitwise Funds Trust
(the "Trust")

Bitwise Web3 ETF

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

Bitwise Bitcoin Standard Corporations ETF

Bitwise COIN Option Income Strategy ETF

Bitwise MARA Option Income Strategy ETF

Bitwise MSTR Option Income Strategy ETF

Bitwise GME Option Income Strategy ETF

Bitwise Bitcoin Option Income Strategy ETF

Bitwise Ethereum Option Income Strategy ETF

Bitwise BITQ Option Income Strategy ETF

Bitwise Crypto Industry Innovators ETF

Bitwise CRCL Option Income Strategy ETF

(each, a "Fund," and together, the "Funds")

December 19, 2025

Supplement To Each Fund's

Statement of Additional Information

The Board of Trustees (the "Board") has elected Tracy Castle-Newman to serve as a trustee of the Funds. Ms. Castle-Newman also serves as a member of the Board's Nominating Committee and Audit Committee. Accordingly, the section entitled "Management of the Fund - Trustees and Officers" has been revised so as to include the following biographical information for Ms. Castle-Newman.

Name, Address
and Year of Birth 		Position and
Offices with Trust 		Term of Office
and Year First
Elected or
Appointed 		Principal Occupations
During Past 5 Years 		Number of
Portfolios
in the
Bitwise Fund
Complex
Overseen by
Trustee 		Other
Trusteeships
or
Directorships
Held by
Trustee
During the
Past 5 Years
Officers of the Trust
Tracy Castle-Newman
c/o Bitwise Investment Manager, LLC
250 Montgomery Street
Suite 200
San Francisco, CA 94104
Y.O.B.: 1968 		Trustee

• Indefinite term

• Since December 2025

Head of Client Strategy and Business Development of Morgan Stanley (2022 - 2025); Managing Director, Institutional Equity Division, of Morgan Stanley (2004 - 2025); Chief Operating Officer, Equity Distribution, of Morgan Stanley (2009 - 2022); Founder, TCN Advisors (2025 - present); External Advisor, Bain Consulting (2025-present) - TSWS (2025 - present)

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FOR FUTURE REFERENCE

Bitwise Funds Trust published this content on December 19, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 19, 2025 at 15:56 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]