#BitwiseBitcoinETF

The Bitwise Bitcoin ETF (ticker: BITB) offers investors a straightforward way to gain exposure to Bitcoin through a traditional, professionally managed exchange-traded fund (ETF). Managed by Bitwise Investment Advisers, LLC, the fund invests directly in Bitcoin, allowing investors to participate in the cryptocurrency market without the complexities of direct ownership, such as managing digital wallets or dealing with exchanges.

As of December 27, 2024, the fund holds approximately 74.42 million shares outstanding, with each share representing a fractional interest in the fund's Bitcoin holdings. The Bank of New York Mellon serves as the fund's administrator, ensuring professional management and oversight.

Investing in BITB provides several advantages:

Professional Management: Leveraging Bitwise's expertise and six-year track record in managing crypto assets, the fund offers institutional-grade custody and compliance.

Accessibility: BITB is available through standard brokerage accounts, making it accessible to a wide range of investors without the need for specialized crypto accounts.

Cost Efficiency: The ETF structure provides a cost-effective means of gaining Bitcoin exposure compared to other investment vehicles.

However, it's important to note that investing in BITB carries risks associated with Bitcoin's inherent volatility. Potential investors should carefully consider their investment objectives and risk tolerance. For more detailed information, including the fund's prospectus and latest performance data, visit the official Bitwise Bitcoin ETF website.