Bitwise Bitcoin Etf Profile

BITB Etf   47.92  3.23  6.31%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Bitwise Bitcoin is trading at 47.92 as of the 26th of February 2025, a 6.31 percent decrease since the beginning of the trading day. The etf's open price was 51.15. Bitwise Bitcoin has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.

Moving together with Bitwise Etf

  0.98GBTC Grayscale Bitcoin TrustPairCorr
  0.99BITO ProShares BitcoinPairCorr
  0.66BLOK Amplify TransformationalPairCorr

Moving against Bitwise Etf

  0.46AMPD Tidal Trust IIPairCorr
  0.38AA Alcoa CorpPairCorr

Bitwise Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAlternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors)
IssuerBitwise Asset Management
Inception Date2024-01-10
BenchmarkCME CF Bitcoin Reference Rate New York Variant
Entity TypeGrantor Trust
Asset Under Management3.94 Billion
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorBitwise Investment Manager, LLC
CustodianThe Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC
DistributorForeside Fund Services, LLC
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Market MakerIMC
Total Expense0.2
Management Fee0.2
200 Day M A41.0714
Country NameUSA
50 Day M A53.7706
CodeBITB
Updated At31st of March 2024
Returns Y T D1.53
NameBitwise Bitcoin ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KY66LW5
TypeETF
1y Volatility63.68
Bitwise Bitcoin ETF [BITB] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. Bitwise Bitcoin ETF currently have in assets under management (AUM). , while the total return for the last year was 85.5%.
Check Bitwise Bitcoin Probability Of Bankruptcy

Bitwise Bitcoin ETF Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bitwise Bitcoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Bitwise Bitcoin Against Markets

When determining whether Bitwise Bitcoin ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitwise Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bitwise Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bitwise Bitcoin Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitwise Bitcoin ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Bitwise Bitcoin ETF is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Bitcoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitwise Bitcoin's market value can be influenced by many factors that don't directly affect Bitwise Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitwise Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.