Bitcoin ETFs: Spot trading hits Wall Street
11 No. of Symbols
Key stats
About Bitwise Bitcoin ETF
Home page
Inception date
Jan 11, 2024
Structure
Grantor Trust
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Tax on distributions
Ordinary income
Established in 2016 and based in San Francisco, CA, Bitwise Asset Management is among the prominent crypto index fund managers in the United States. Through its Bitcoin fund, it allows traders and investors to engage in the Bitcoin market, addressing logistical barriers like exchange access, custody, and execution costs. The fund issues shares in blocks of 10,000 through which it buys and sells Bitcoin held by the Bitcoin Custodian in a segregated account.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where BITB is featured.