#BitwiseBitcoinETF

The Bitwise Bitcoin ETF (ticker: BITB) is a U.S.-listed exchange-traded fund that provides investors with direct exposure to Bitcoin. Launched in January 2024, it allows individuals to invest in Bitcoin through traditional brokerage accounts, simplifying access to the cryptocurrency market.

Bitwise has committed to donating 10% of the ETF's profits to support Bitcoin's open-source development, benefiting organizations such as Brink, OpenSats, and the Human Rights Foundation.

The ETF has attracted significant investor interest, contributing to the mainstream adoption of Bitcoin. As of December 2024, spot Bitcoin ETFs, including BITB, have collectively accumulated over $52 billion in assets, surpassing initial expectations.

This growth reflects the increasing acceptance of Bitcoin as a legitimate asset class among both retail and institutional investors.