#BitwiseBitcoinETF
The Bitwise Bitcoin ETF (BITB) is a professionally managed fund that provides low-cost access to bitcoin. It's sponsored and managed by Bitwise Investment Advisers, LLC, a private company that specializes in crypto assets.
Here are some details about the Bitwise Bitcoin ETF:
Fees
The fund charges a 0.20% annual management fee on the value of its bitcoin holdings. However, there are no fees for the first six months or for the first $1 billion.
Investment
The fund invests directly in bitcoin and is accessible through a brokerage account.
Expertise
Bitwise has a six-year track record of managing crypto assets for large institutional investors.
Bitcoin (BTC) is a virtual currency that functions as money and a form of payment without the need for a trusted third party. Cryptocurrencies are digital payment systems that allow people to send and receive payments without relying on banks to verify transactions. #BitwiseBitcoinETF $BTC