#BitwiseBitcoinETF The Bitwise Bitcoin ETF (BITB) is an exchange-traded fund designed to provide investors with direct exposure to the price of $BTC , the most prominent cryptocurrency. Managed by Bitwise Asset Management, this ETF allows investors to participate in the $BTC market without the need to acquire and store the cryptocurrency directly.

Key features of the BITB:

Investment objective: To track the performance of Bitcoin, less the fund's operating expenses.

Investment strategy: The fund maintains a direct position in Bitcoin, valuing its assets daily according to the Bitcoin Reference Rate - New York Variant. 

Accessibility: Available for purchase through brokerage accounts, facilitating investment in Bitcoin for a wide range of investors.

Expenses: The fund has an expense ratio of 0.20%, which covers management costs and other operating expenses.