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Dividend Vision

BITB ETF — Bitwise Bitcoin ETF

Bitwise Bitcoin ETF (BITB)

Updated October 16, 2026.

BITB is a low-cost ETF linked to Bitcoin. its expense ratio is 0.20%. Total return is 73.1% over the past 2.8 years, 7.6 points ahead of SPY at 65.5%.

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 holdings and sector exposure

Holdings are not available for this snapshot.

BITB performance versus SPY

Price and return data through 2026-10-16.

Total return is 73.1% over the past 2.8 years, 7.6 points ahead of SPY at 65.5%. Over the past year its total return — price change plus distributions reinvested — is -24.9%. Its deepest 1-year drawdown was 49.0%.

WindowTotal returnCAGR
1M7.2%—
3M26.7%—
6M8.0%—
YTD-7.1%—
1Y-24.9%—
2Y CAGR—9.40%
Since inception (2.8 years)73.1%22.00%

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
$44.20 (as of 2026-10-16)
AUM
$3,071,411,712
Average volume
1244031.0
Beta
1.884

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · 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.

BITB risks and drawbacks

The deepest 1-year drawdown on record here is 49.0%.

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). This is educational context, not a recommendation to buy or sell.

More on BITB

Tagged: Bitcoin, Crypto.

Compare BITB

BITB vs similar funds:

Frequently asked questions

Does BITB pay monthly?

No. BITB does not currently distribute.

What is BITB linked to?

BITB is linked to Bitcoin, not a broad market index.

What is BITB's expense ratio?

BITB's expense ratio is 0.20%.

When does BITB pay a dividend?

BITB does not currently distribute.

How has BITB performed?

Total return is 73.1% over the past 2.8 years, 7.6 points ahead of SPY at 65.5%. Over the past year its total return — price change plus distributions reinvested — is -24.9%. Its deepest 1-year drawdown was 49.0%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.