#BitwiseBitcoinETF
The Bitwise Bitcoin ETF Trust (BITB) is an exchange-traded fund that provides investors with exposure to the price of bitcoin. The fund holds bitcoin and calculates its net asset value (NAV) based on the CME CF Bitcoin Reference Rate - New York Variant (BRRNY). BITB offers a way for investors to participate in the potential growth of bitcoin without the complexities of directly buying and storing the cryptocurrency.