We introduce a new two-parameter fractional time operator with Volterra structure, denoted by , defined through the Laplace symbol The operator preserves the Caputo-type high-frequency behavior while allowing a controlled modification of the low-frequency regime via . We develop an explicit symbolic/Volterra theory: Prabhakar-type kernels, a left-inverse Volterra integral, and a fractional fundamental theorem of calculus. A central contribution is a sharp clarification of the Bernstein structure of the symbol. We show that the natural factorization does not fit the classical Bernstein product mechanism for any . Nevertheless, by a direct complete-monotonicity argument on , we prove the exact Bernstein threshold where denotes the class of Bernstein functions \noindent For , the Bernstein property fails by a low-frequency asymptotic convexity obstruction. This shows that the Bernstein nature of the natural range is genuine but is not produced by the standard product mechanism. We then establish well-posedness of abstract W-fractional Cauchy problems with sectorial generators by resolvent estimates and Laplace inversion, yielding a W-resolvent family with temporal regularity and smoothing properties. As an illustration, we apply the theory to a W-fractional diffusion model and discuss the effect of on the relaxation of spectral modes.

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