#BitwiseBitcoinETF The Bitwise Bitcoin ETF, also known as BITB, is an exchange-traded fund that allows investors to gain exposure to Bitcoin through a traditional investment vehicle. It's essentially a fund that holds Bitcoin and is listed on the NYSE Arca exchange, making it easily accessible to investors ¹.

Here are some key features of the Bitwise Bitcoin ETF:

- *Investment Objective*: The fund aims to track the price of Bitcoin, allowing investors to participate in the Bitcoin market without directly holding the cryptocurrency.

- *Expense Ratio*: The fund has an expense ratio of 0.20%, which is relatively low compared to other cryptocurrency investment products.

- *Custody*: The fund's Bitcoin holdings are custodied by Coinbase Custody Trust Co., LLC, which provides an additional layer of security and regulatory compliance.

- *Trading*: The fund's shares can be bought and sold on the NYSE Arca exchange, just like any other ETF.

It's worth noting that the Bitwise Bitcoin ETF is not the same as the Bitwise Bitcoin Fund, which is a private placement fund available to accredited investors ².