The Bitwise Bitcoin ETF (ticker: BITB) is an exchange-traded fund that offers investors exposure to Bitcoin by directly holding the cryptocurrency. Managed by Bitwise Asset Management, a firm specializing in crypto assets, BITB provides a convenient way to invest in Bitcoin through traditional brokerage accounts.
BITB is listed on the NYSE Arca exchange.
Securities and Exchange Commission
As of December 28, 2024, BITB's market price is approximately $51.42 per share.
Bitwise Bitcoin ETF (BITB)
$51.42
-$0.57(-1.10%)December 27
$51.50+$0.08(+0.16%)After Hours
Investing in BITB allows for Bitcoin exposure without the complexities of direct cryptocurrency ownership, such as managing digital wallets or dealing with exchanges. However, it's important to consider the inherent volatility of Bitcoin and the associated risks. Financial advisors often recommend limiting Bitcoin exposure to a small portion of an investment portfolio, typically around 1-2%.