#BitwiseBitcoinETF The Bitwise Bitcoin ETF (ticker symbol: BITB) is an exchange-traded fund (ETF) designed to track the performance of the CME CF Bitcoin Reference Rate - New York Variant Index - USD. This index reflects the spot price of Bitcoin in the U.S. dollar market.

The Bitwise Bitcoin ETF provides investors with a way to gain exposure to Bitcoin through a traditional investment vehicle. It is listed on the NYSE Arca exchange.

Key features of the Bitwise Bitcoin ETF:

* Physical exposure: The ETF holds Bitcoin directly, providing investors with physical ownership of the cryptocurrency.

* Dividend distribution: The ETF generates income by distributing dividends to shareholders.

* Tracking the CME CF Bitcoin Reference Rate: The ETF's performance is linked to a widely recognized benchmark for Bitcoin prices.

* Exchange-traded: The ETF trades on a major stock exchange, offering investors liquidity and ease of trading.

Performance and flows:

As of September 25, 2024, the Bitwise Bitcoin ETF had a 1-month performance of +23.62% and a 3-month performance of +28.60%. It also had inflows of $224 million in the past month and $304 million in the past 3 months.

Additional resources:

* Bitwise Bitcoin ETF website: https://bitwiseinvestments.com/

* ETF Central: https://cointelegraph.com/news/bitwise-files-with-the-us-sec-for-a-physically-held-bitcoin-etf

* SEC filing: https://www.sec.gov/Archives/edgar/data/1763415/000199937124000346/bitcoin-424b3_011024.htm

Please note: Investing in cryptocurrencies involves significant risks, including price volatility and the potential for loss of principal. Investors should carefully consider their investment objectives and risk tolerance before investing in the Bitwise Bitcoin ETF.