BITB
Bitwise Bitcoin ETF
BITB provides low-cost access to bitcoin through a professionally managed fund. Backed by Bitwise’s specialist expertise, deep research, and six-year track record managing crypto assets for leading institutional investors, the fund invests directly in bitcoin and is easily accessible from a brokerage account. Search “BITB” or talk to your financial advisor.
Contact UsWhy invest in BITB?
Gain exposure to bitcoin, the world's largest* and oldest crypto asset, through one of the world's leading crypto experts.
BITB is not suitable for all investors. An investment in BITB is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment. BITB is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not afforded its protections. Please see additional risks and important information below.
* By market capitalization as of March 31, 2024.
Learn MoreA Six-Year Track Record Managing Crypto Assets
Since our founding, Bitwise has helped a wide range of investors access crypto’s opportunities and manage its risks. We manage your investment using systems built for institutions, from custody and trading to regulation and compliance.
Partner With a Crypto Specialist
Bitwise’s team of more than 60 dedicated professionals focuses solely on crypto, as we have from the beginning. In choosing BITB, investors gain exposure not only to bitcoin but a nationwide team of crypto experts with the tools, insights, and specialized experience to help them navigate the space with confidence.
Invest in the Future of Bitcoin
Bitcoin is a disruptive technology that aims to fundamentally change how we transact and store value. By investing directly in bitcoin, BITB provides a convenient solution to the complexities of bitcoin ownership.
Fund Summary
About the BITB Fund
Fund Details
Data as of 11/20/2024
Ticker
BITB
Number of Holdings
1
Administrator
Bank of New York Mellon
Fund Type
ETP
Shares Outstanding
77,940,000
Marketing Agent
Foreside Fund Services, LLC
CUSIP
09174C104
Sponsor Fee*
0.20%
Legal Counsel
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
ISIN
US09174C1045
Inception Date
January 10, 2024
Auditor
KPMG
Exchange
NYSE Arca
Sponsor
Bitwise Investment Advisers, LLC
Trust Custodian
Bank of New York Mellon
Net Assets (AUM)
$4,003,321,770
Daily Volume (Shares)**
2,496,118
Digital Asset Custodian
Coinbase Custody Trust Co., LLC
* For a six-month period commencing on the day the Shares are initially listed on the Exchange, the Sponsor has agreed to waive the entire Sponsor Fee on the first $1 billion of Trust assets. If the Trust’s net assets exceed $1 billion, the Sponsor’s Fee charged on assets over $1 billion will be 0.20%. All investors will incur the same Sponsor’s Fee which is the weighted average of those fee rates. After July 11, 2024, the Sponsor’s Fee will be 0.20%.
** Data as of 11/19/2024Fund Holdings
Data as of 11/20/2024
Holdings are subject to change. Current and future holdings are subject to risk.
Bitcoin Holding Addresses
Data as of 11/21/2024
Premium / Discount
Data as of 11/19/2024
Net Asset Value (NAV) and Market Price
Data as of 11/19/2024
To
30 Day Median Bid-Ask Spread: The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.
BITB Quarter-End Performance
Data as of 09/30/2024
Performance data quoted represents past performance and is no guarantee of future results. Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of one year or less are not annualized. For the most recent month-end performance, please call 1-866-880-7228.
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Performance of one year or less is not annualized. NAV performance is calculated based on the official closing values as of 4:00 p.m. ET. Market Price performance reflects the midpoint of the bid-ask spread as of 4:00 p.m. ET, and does not represent the returns an investor would receive if shares were traded at other times. Fund returns are calculated net of expenses. Shares are subject to a 0.20% management fee that includes the custody charges for holding the fund’s assets charged by the custodian, as well as customary fees and expenses of the fund administrator and auditor. For a six-month period commencing on the day the Shares are initially listed on the Exchange, the Sponsor has agreed to waive the entire Sponsor Fee on the first $1 billion of Trust assets.