#BitwiseBitcoinETF 🚀 Exciting news in the crypto world! The Bitwise Bitcoin ETF (BITB) has officially launched, marking a significant milestone as one of the first approved spot Bitcoin ETFs in the U.S. 🎉 With a competitive management fee of just 0.20% (0% for the first six months on the first $1 billion), BITB offers an accessible way for investors to gain exposure to Bitcoin without owning it directly.

What sets BITB apart? It’s the first U.S. Bitcoin ETF to publicly disclose its Bitcoin addresses, ensuring transparency for investors. Plus, Bitwise is committed to donating 10% of BITB’s profits annually to support Bitcoin open-source development! 💡

On its launch day, BITB attracted around $237.9 million in inflows, showcasing strong market interest. With around 9.45 million shares outstanding and net assets of approximately $240.44 million, BITB is making waves in the investment community! 🌊

Stay tuned as this innovative ETF paves the way for more institutional adoption of Bitcoin!