#BitwiseBitcoinETF
BITB provides low-cost access to bitcoin through a professionally managed fund. Backed by Bitwise’s specialist expertise, deep research, and six-year track record managing crypto assets for leading institutional investors, the fund invests directly in bitcoin and is easily accessible from a brokerage account. Search “BITB” or talk to your financial advisor.
Gain exposure to bitcoin, the world's largest* and oldest crypto asset, through one of the world's leading crypto experts.
BITB is not suitable for all investors. An investment in BITB is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment. BITB is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not afforded its protections. Please see additional risks and important information below.
Investors can invest in spot Bitcoin ETFs as a more accessible and regulated means of tapping into Bitcoin’s price moves.
Unlike a futures-linked ETF, a spot ETF owns Bitcoins.
Facilitated by spot Bitcoin ETFs, enhanced liquidity could lead to more stable prices and easier price discovery in the Bitcoin market.
After rejecting several applications from crypto asset managers, the SEC approved the first 11 Bitcoin spot ETFs in January 2024.
Bitcoin spot ETF options were approved on Oct. 18, 2024.
While several countries have embraced both types of ETFs, U.S. regulators were initially hesitant due to issues of market manipulation and custodial risk. The U.S. Securities and Exchange Commission approved the first 11 Bitcoin spot ETFs in the United States on Jan. 10, 2024. Bitcoin futures ETFs were already trading on Cboe since 2021.