#BitwiseBitcoinETF
The Bitwise #bitcoin ETF (BITB) provides low-cost access to bitcoin through a professionally managed fund. It's backed by Bitwise's specialist expertise and six-year track record managing crypto assets for leading institutional investors .
Here are some key details about the BITB fund:
- Ticker Symbol: BITB
- Exchange: NYSE Arca
- Administrator: Bank of New York Mellon
- Sponsor Fee: 0.20%
- Inception Date: January 10, 2024
- Net Assets (AUM): $3,824,925,642
- Digital Asset Custodian: Coinbase Custody Trust Co., LLC.
The fund invests directly in bitcoin and is easily accessible from a brokerage account. However, it's essential to note that investing in BITB comes with significant risks, including potential volatility and complete loss of investment .
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