#BitwiseBitcoinETF
The Bitwise Bitcoin ETF (BITB) is a professionally managed fund that provides low-cost access to bitcoin through a traditional investment vehicle. It's designed to track the price of bitcoin, allowing investors to gain exposure to the cryptocurrency without directly holding it ¹.
Here are some key features of the Bitwise Bitcoin ETF:
- *Investment Objective*: The fund aims to track the price of bitcoin, providing investors with a convenient way to gain exposure to the cryptocurrency.
- *Expense Ratio*: The fund has an expense ratio of 0.20%, which includes management fees, custody charges, and other expenses ¹.
- *Trading*: The fund trades on the NYSE Arca exchange under the ticker symbol BITB.
- *Eligibility*: The fund is available to accredited investors, with a minimum investment requirement.
It's essential to note that investing in the Bitwise Bitcoin ETF comes with risks, including market volatility, regulatory uncertainty, and security risks associated with holding bitcoin ¹.