#BitwiseBitcoinETF The Bitwise Bitcoin ETF (ticker: BITB) offers investors exposure to Bitcoin through a traditional, professionally managed exchange-traded fund (ETF). Launched on January 10, 2024, BITB is listed on NYSE Arca and managed by Bitwise Investment Advisers, LLC.
As of December 27, 2024, BITB manages approximately $3.82 billion in net assets, with a daily trading volume averaging around 1.5 million shares. The fund's expense ratio is 0.20%, providing a cost-effective option for investors seeking Bitcoin exposure.
BITB invests directly in Bitcoin, aiming to mirror the cryptocurrency's performance, minus the fund's expenses. This structure allows investors to gain Bitcoin exposure without the complexities of direct ownership, such as managing digital wallets or dealing with cryptocurrency exchanges.
It's important to note that investing in BITB carries risks associated with Bitcoin's volatility. Potential investors should carefully consider these risks and review the fund's prospectus for detailed information before making investment decisions.
For more information, including the fund's prospectus and additional resources, visit the official Bitwise Bitcoin ETF website.