BITBBitwise Bitcoin ETF

Take a bet2y track recordRanked #6 of 775 in this goal

Seeks to provide Shareholders with exposure to the value of bitcoin held by the Trust that is reflective of the actual bitcoin market, less expenses.

By Bitwise Investments · Launched 2024

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$2.7B

#619 of 5,562 · large

Return (1Y)Goal

-40.1%

Track Record

2 years

#3,390 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$6,039-39.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Cryptocurrency

Index tracked

CME CF Bitcoin Reference Rate - New York Variant

What it actually holds

By weight

Asset allocation

Other

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

44.0%High

Year-on-year price swings

Max drawdown

-52.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide Shareholders with exposure to the value of bitcoin held by the Trust that is reflective of the actual bitcoin market, less expenses.
Strategy: Holds bitcoin to establish NAV by reference to the CME CF Bitcoin Reference Rate - New York Variant. The Trust is passively managed and does not pursue active management strategies, nor does it utilize leverage or hedging techniques.
Inception date: January 10, 2024
Fund family: Bitwise Investments