#BitwiseBitcoinETF

The Bitwise Bitcoin ETF (BITB) is a spot exchange-traded fund launched by Bitwise Investment Advisors, approved by the SEC in January 2024. BITB allows investors to gain exposure to Bitcoin’s price movements without direct ownership, trading on stock exchanges like NYSE Arca. It features a low management fee of 0.20% and aims for transparency by publicly disclosing its Bitcoin addresses. The fund is custodied by Coinbase Custody and administered by BNY Mellon, making it a significant option for mainstream investors seeking Bitcoin exposure.