BITB ETF — Bitwise Bitcoin ETF

Bitwise Bitcoin ETF (BITB)

BITB is a low-cost ETF linked to Bitcoin. its expense ratio is 0.20%. Total return is 69.6% over the past 2.6 years, 3.0 points ahead of SPY at 66.6%.

Bitwise Bitcoin ETF is a passively managed fund that tracks the value of bitcoin held in custody, valuing its holdings daily based on the Bitcoin Reference Rate. The fund carries an expense ratio of 0.20% and does not make distributions. It appeals to investors seeking direct bitcoin exposure through a traditional ETF structure.

BITB performance versus SPY

Price and return data through 2026-09-04.

Total return is 69.6% over the past 2.6 years, 3.0 points ahead of SPY at 66.6%.

BITB key facts

Issuer

Bitwise Investments

Asset type

ETF

Asset class

Currency

Inception date

01/10/2024

Expense ratio

0.20%

Distribution frequency

None

Last close

$43.31

NAV

$41.91

Premium / discount

3.34% premium

AUM

$2,912,313,046

Average volume

1215700.0

Beta

1.884

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Bitwise Investments; Index: Bitcoin; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider BITB — and who may not

BITB may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (BITB does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare BITB

BITB vs similar funds:

• BITB vs IBIT
• BITB vs FBTC

Frequently asked questions

More securities from Bitwise Investments.