#BitwiseBitcoinETF The Bitwise Bitcoin ETF (BITB) is a game-changer for investors looking to tap into the bitcoin market. Launched on January 11, 2024, BITB offers low-cost access to bitcoin through a professionally managed fund ¹.
Here are some key features of BITB:
- *Investment Strategy*: BITB invests directly in bitcoin, providing investors with exposure to the largest and oldest crypto asset ².
- *Expert Management*: Bitwise Asset Management, the largest crypto index fund manager in America, manages BITB ¹.
- *Security*: Coinbase Custody Trust Company serves as the digital asset custodian, while Bank of New York Mellon acts as the administrator ¹.
- *Transparency*: BITB's holdings are publicly disclosed, and the fund's NAV is calculated daily ².
It's essential to note that investing in BITB comes with risks, including market volatility, regulatory uncertainty, and security risks ². As with any investment, it's crucial to carefully consider your financial goals and risk tolerance before investing in BITB.