Bitwise Bitcoin ETF Trust ETF (BITB)
Bitwise
Spot
About Bitwise Bitcoin ETF Trust ETF
Bitwise Bitcoin ETF Trust ETF is a Bitcoin exchange-traded fund providing investors with exposure to Bitcoin.
Bitwise Bitcoin ETF Trust ETF Fund Details
Expense Ratio
0.20%
About The Fund
Overview
The Bitwise Bitcoin ETF (BITB) is an exchange-traded fund listed on NYSE Arca, launched on January 10, 2024, providing direct exposure to bitcoin.
Investment Objective
Seeks to track the value of bitcoin held by the trust, less operational expenses, using the CME CF Bitcoin Reference Rate - New York Variant (BRRNY) for daily valuation.
Low-Cost Structure
Features a 0.20% management fee, with a 0% fee for the first six months on the first $1 billion in assets, making it one of the lowest-cost bitcoin ETFs.
Holdings and Custody
Holds actual bitcoin (in specie), with Coinbase Custody Trust Company as the digital asset custodian and Bank of New York Mellon as the administrator.
Risk Profile
Not suitable for all investors due to high volatility and risk of significant or complete loss; not registered under the Investment Company Act of 1940.
Performance and AUM
As of July 2025, trades at approximately $64.78, with a market cap of $4.88 billion and a 52-week range of $27.02 to $66.49.
Bitwise Bitcoin ETF Trust ETF Information
| Ticker Symbol | BITB |
| Issuer | Bitwise |
| Expense Ratio | 0.20% |
| Fund Type | Spot |
| Custodian | Bank of New York Mellon |
| Bitcoin Only | ✓ Yes |
| Fund Inception | 2024-01-11 |
| Regulator | U.S. Securities and Exchange Commission (SEC) |
Investment Strategy
Pure Bitcoin Spot
Market Performance
YTD Return
-14.59%
1 Year Return
-27.45%
Avg Volume
2,513,780
About Bitwise
Background
Bitwise Asset Management is a crypto-native asset manager founded in 2017, managing over $10 billion in assets.
Products
Specializes in crypto index funds and single-asset ETFs, providing institutional-grade exposure to digital assets.
Bitcoin ETFs
The Bitwise Bitcoin ETF (BITB) launched in January 2024 with a competitive 0.20% fee.
Transparency
One of the few issuers to publish on-chain proof of reserves, showing wallet addresses for full auditability.
Custody
Uses Coinbase Custody with multi-institutional backup custody arrangements.
Compare Bitwise Bitcoin ETF Trust ETF with Other ETFs
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