Bitwise 10 Crypto Index ETF
$53.88+0.30 (+0.56%)
- 0.75%
- $723M
- −32.5%
- 0.1M sh
- $53.41
- low $37.20high $79.49
The ETF.net BITW Grade
B
Score 57 out of 100
- 5 of 10
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D25 out of 100Rank 8 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 10 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 1 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 4 of 5Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A81 out of 100Rank 1 of 10
Our read on BITW
BOne ticker for the ten largest crypto assets, rebalanced monthly, running since 2017. Bitwise built the veteran of the multi-coin basket, and it prices like a veteran: 2.5% a year.
The fund seeks to invest in a broad portfolio of crypto assets that tracks the Bitwise 10 Large Cap Crypto Index, with monthly rebalancing to reflect index changes.
Why people hold it
- Tracks the Bitwise 10 Large Cap Crypto Index with monthly rebalancing, so the basket rotates as the large-cap crypto lineup changes. No wallets, keys, or exchange accounts.
- Live since 2017, a long operating history for this asset class, spanning several full crypto boom-and-bust cycles.
- Has hewed tightly to its stated index and mandate. What the prospectus describes is what the portfolio holds.
- Trades with better depth and tighter friction than most of its multi-coin peer group, useful in an asset class where entry and exit costs bite.
Worth knowing
- The fee is the headline trade-off: 2.5% a year, multiples of the peer median. Franklin's EZPZ lists 0.00% and Hashdex's NCIQ 0.25% for similar broad-basket exposure.
- Raw crypto beta. Swings dwarf those of equity funds, and the basket is concentrated in the largest coins rather than spread thin.
- No income stream. The fund has not paid distributions, so any return has to come from price.
BITW Holdings
- Other
- 10
- 100%
- BTC
Geography
- United States100.00%
BITW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
BITW$6,751
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BITW |
|---|---|
| Year to date | −8.8% |
| 1 month | +5.4% |
| 3 months | +30.5% |
| 1 year | −32.5% |
| 3 years | +68.3% |
| 5 years | +1.9% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BITW |
|---|---|---|
| 2026 YTD | −8.8% | |
| 2025 | −2.6% | |
| 2024 | +160.7% | |
| 2023 | +331.1% | |
| 2022 | −85.9% | |
| 2021 | −36.8% | |
| 2020 | +403.3% |
BITW in the news
BITW Dividends
No distributions in the last 12 months.
BITW Risk
- 70.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.97
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −91.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.49
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BITW Cost
0.75%
BITW0.75%
- The middle half of Spot Crypto Basket funds
- Median 0.58%
7 of the 10 Spot Crypto Basket funds charge less.
Other funds in Spot Crypto Basket
- BGDLCGrayscale CoinDesk Crypto 5 ETFExpense ratio 0.59%1 year return −33.1%
- BVAVXVanEck Avalanche ETFExpense ratio 0.20%1 year return —
- CTKNZT. Rowe Price Active Crypto ETFExpense ratio 0.90%1 year return —
- CBESOGSR Crypto Core3 ETFExpense ratio 1.00%1 year return —
- CKRYPProShares - CoinDesk 20 Crypto ETFExpense ratio 0.58%1 year return —