#BitwiseBitcoinETF
The Bitwise Bitcoin ETF (BITB) is a professionally managed fund that provides low-cost access to bitcoin through a brokerage account ¹. It's backed by Bitwise's six-year track record of managing crypto assets for institutional investors. The fund invests directly in bitcoin, offering a convenient solution to the complexities of bitcoin ownership ¹.
Here are some key details about the BITB fund:
- *Ticker Symbol*: BITB
- *Exchange*: NYSE Arca
- *Management Fee*: 0.20% ¹ ²
- *Administrator*: Bank of New York Mellon
- *Digital Asset Custodian*: Coinbase Custody Trust Co., LLC
- *Auditor*: KPMG
- *Inception Date*: January 10, 2024 ¹
The BITB fund is not suitable for all investors and carries significant risks, including market volatility, regulatory risks, and liquidity risks ¹. Before investing, it's essential to carefully consider the fund's prospectus and understand the investment attributes of bitcoin ¹.