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BITC ETF — Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC)

Updated October 16, 2026.

Verdict as of October 16, 2026

BITC's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (38/100, medium confidence). It pays annual and its distribution rate is 3.26%. The latest total cash payment per current share, $1.23 with an ex-date of December 26, 2025, was 93.9% lower than the previous $20.22. These payments are unclassified; this does not establish a base-dividend change.

Sources: Bitwise Investments, Section 19a-1 notices, scoring methodology.

BITC is an ETF. its distribution rate is 3.26%, its trailing-12-month yield is 3.26%, its expense ratio is 0.88%. Dividend Vision Distribution Safety Score™ is 38/100 (Unproven). Total return is 130.2% over the past 3.6 years, 30.4 points ahead of SPY at 99.8%.

Bitwise Investments offers this ETF that rotates between bitcoin futures contracts and U.S. Treasury securities based on trend-following signals, maintaining at least 80% exposure to these two asset classes combined. The fund carries a moderate current distribution rate paid annually and has an expense ratio of 0.88%. It appeals to investors seeking tactical allocation between a volatile digital asset and fixed income, rather than static exposure to either.

BITC dividend yield and income

Price as of 2026-10-16.

The distribution rate (3.26%) uses calculation basis unavailable. Trailing-12-month yield (3.26%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $1.226. The ex-dividend date is 12/26/2025. The payment date is 12/30/2025.

3 recorded distributions
Ex-dateAmountChange from previous payment
2025-12-26$1.226-93.9%
Unclassified cash
2024-12-26$20.218974.3%
Unclassified cash
2023-12-22$1.882—
2023 total (partial launch year)$1.882—
2024 total$20.218—
2025 total$1.226-93.9%

BITC dividend growth

Trailing-12-month distributions versus the preceding 12 months changed -93.9%. The 1Y row below uses this same adjacent TTM cash-window comparison.

TTM income vs TTM N years earlier
WindowChange
1Y-93.9%

BITC holdings and sector exposure

Holdings are not available for this snapshot.

BITC performance versus SPY

Price and return data through 2026-10-16.

Total return is 130.2% over the past 3.6 years, 30.4 points ahead of SPY at 99.8%. Over the past year its total return — price change plus distributions reinvested — is -7.6%. Its deepest 1-year drawdown was 14.8%.

WindowTotal returnCAGR
1M-5.6%—
3M2.6%—
6M-2.1%—
YTD3.2%—
1Y-7.6%—
2Y CAGR—5.50%
3Y CAGR—34.00%
Since inception (3.6 years)130.2%26.30%

BITC key facts

Distribution Safety Score™
38 · Unproven
Issuer
Bitwise Investments
Asset type
ETF
Asset class
Currency
Inception date
03/20/2023
Expense ratio
0.88%
Distribution rate
3.26%
Distribution frequency
Annual
Trailing yield
3.26%
Last close
$37.61 (as of 2026-10-16)
AUM
$14,104,592
Average volume
1105.0
Dividend
$1.226
Ex-dividend date
12/26/2025
Payment date
12/30/2025
Beta
0.0

How Dividend Vision calculates yield and returns

Distribution rate (3.26%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.26%) 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; 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.

BITC risks and drawbacks

BITC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 14.8%.

Who may consider BITC — and who may not

BITC may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (BITC pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on BITC

Tagged: Bitcoin, Crypto, Treasury.

Frequently asked questions

Does BITC pay monthly?

No. BITC currently pays annual, not monthly.

What is BITC's expense ratio?

BITC's expense ratio is 0.88%.

What is BITC's dividend yield?

BITC's distribution rate is 3.26%, paid annual, with a 0.88% expense ratio — calculation basis unavailable.

How has BITC's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed -93.9%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does BITC pay a dividend?

BITC pays annual. The dividend amount is $1.226. The ex-dividend date is 12/26/2025. The payment date is 12/30/2025.

How has BITC performed?

Total return is 130.2% over the past 3.6 years, 30.4 points ahead of SPY at 99.8%. Over the past year its total return — price change plus distributions reinvested — is -7.6%. Its deepest 1-year drawdown was 14.8%.

Is BITC a good investment?

BITC's Dividend Vision Distribution Safety Score is 38 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 3.26% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

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