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BITB

Bitwise Bitcoin ETF

Spot bitcoin ETP from the January 2024 launch cohort: a grantor trust holding bitcoin in cold storage with Coinbase Custody. Its 0.20% fee is among the lowest of the spot bitcoin funds, and Bitwise pledges 10% of profits to Bitcoin open-source development.

AlternativeTER 0.20%Acc.
TER
0.20%
AUM
$4.9B
Holdings
~1
Data Range
— → —

Key Facts

ISIN
US09174C1045
Issuer
Bitwise
Benchmark
CME CF Bitcoin Reference Rate (NY Variant)
Total Expense Ratio (TER)
0.20%
Assets Under Management
$4.9B approx.
Inception Date
2024-01-11
Domicile
United States
Legal Structure
Grantor Trust
Dividend Policy
Accumulating (auto-reinvests)
Replication Method
Physical (Full Replication)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
~1

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Investors preferring automatic dividend reinvestment (no tax event on distributions in many jurisdictions).

Key Risks to Consider

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Continue Your Analysis

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Bitwise (metadata); research profile — price series pendingLast verified: 2026-08-28

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Related ETFs

UCITS Equivalent

IBIT

iShares Bitcoin Trust ETF

TER 0.25%$55B AUM
FBTC

Fidelity Wise Origin Bitcoin Fund

TER 0.25%$20B AUM

Similar ETFs

IBIT

iShares Bitcoin Trust ETF

TER 0.25%$55B AUM
GBTC

Grayscale Bitcoin Trust ETF

TER 1.50%$20B AUM
FBTC

Fidelity Wise Origin Bitcoin Fund

TER 0.25%$20B AUM
ARKB

ARK 21Shares Bitcoin ETF

TER 0.21%$4.5B AUM

Alternative Approaches

ETHE

Grayscale Ethereum Trust ETF

TER 2.50%$4B AUM
ETHA

iShares Ethereum Trust ETF

TER 0.25%$4B AUM
BITO

ProShares Bitcoin Strategy ETF

TER 0.95%$2.5B AUM

💬 Frequently Asked Questions

Spot bitcoin ETP from the January 2024 launch cohort: a grantor trust holding bitcoin in cold storage with Coinbase Custody. Its 0.20% fee is among the lowest of the spot bitcoin funds, and Bitwise pledges 10% of profits to Bitcoin open-source development.
BITB has a total expense ratio (TER) of 0.20%, which means you pay $20 per year for every $10,000 invested.
BITB is an accumulating ETF — dividends are automatically reinvested into the fund rather than paid out, which can be more tax-efficient in many jurisdictions.
BITB is a US-domiciled ETF (not UCITS). Non-US investors should consider the US estate tax implications (40% on US assets above $60,000) and the 30% dividend withholding tax (reduced by treaty in some countries).
BITB uses full physical replication, meaning it holds all (or nearly all) securities in the CME CF Bitcoin Reference Rate (NY Variant) index directly.
Similar ETFs tracking the same or a very similar index include: IBIT, FBTC. These may differ in domicile, currency, dividend policy, or expense ratio.