Bitwise 10 Crypto Index ETF

Frequently Asked Questions About BITW

What does BITW invest in?

Bitwise 10 Crypto Index ETF is an exchange traded fund launched by Bitwise Investment Advisers, LLC. It invests in the currency markets. The fund invests in portfolio of crypto assets. It seeks to track the performance of the Bitwise 10 Large Cap Crypto Index. Bitwise 10 Crypto Index ETF was formed on November 22, 2017 and is domiciled in the United States.

What is the expense ratio of BITW?

Bitwise 10 Crypto Index ETF (BITW) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BITW?

Bitwise 10 Crypto Index ETF (BITW) manages $710.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BITW actively managed or an index fund?

BITW is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BITW's is 0.75%) because there's no security selection cost.

When was BITW launched?

Bitwise 10 Crypto Index ETF (BITW) launched in November 2017 and is managed by Bitwise.

How has BITW performed?

BITW's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.