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Launched · SEC filings

Bitwise 10 Crypto Index ETF

BITWNYSE ArcaBitwiseB

$49.08−0.28 (−0.57%)

At close: Nov 2, 2026, 4:00 PM ET

B62/ 100

Rank 4 of 10 in Spot Crypto Basket

B62/100Rank 4 of 10inSpot Crypto Basket
Intraday session: down, 79 prints from 49.36 to 49.08. Range 49.08 to 50.10. Use the arrow keys to read each point.49.2049.6049.8050.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$663M
1Y total return
−34.4%
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
31.6K sh
52W range
low $37.20high $73.22
Launched
Filings
SEC EDGAR

The ETF.net BITW Grade

B

Score 62 out of 100

Category
Spot Crypto Basket⁠
Rank
4 of 10
Six-pillar profile for BITW. Scores out of 100: Cost 44, Risk 32, Mission 100, Tradability 70, Holdings 54, Durability 80. Strongest: Mission (100). Weakest: Risk (32). Leans toward Mission.

Score 62 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.
    C44 out of 100
    Rank 6 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D32 out of 100
    Rank 9 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 2 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C54 out of 100
    Rank 4 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 1 of 10

Our read on BITW

ETF.net Research

In short

BCrypto's original index fund. Live since 2017, first as a private placement and now as an ETF, it holds the ten largest crypto assets and rebalances monthly. That long history carries a 0.75% fee.

Stated mandate

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

  • Longevity is the edge: operations began in November 2017, one of the longest continuous records among multi-coin crypto baskets, spanning several boom-and-bust cycles.sec.gov
  • One ticker, ten coins: the portfolio mirrors the Bitwise 10 Large Cap Crypto Index and rebalances monthly as the index changes, so you skip wallets, keys and coin-picking.
  • No style drift. The fund holds what its index says it holds, one of the tighter mandate implementations among the ten funds in its category.
  • Reports like a public company: annual 10-K and quarterly 10-Q filings with the SEC put holdings and audited financials on the record.sec.govsec.gov 2

Worth knowing

  • Cost is the trade-off: 0.75% sits above the category median, and cheaper broad crypto baskets exist (EZPZ at 0.19%, NCIQ at 0.25%).
  • Crypto sits at the volatile end of the shelf. A ten-asset basket blunts single-coin blowups, but not the asset class's deep drawdowns.
  • It trades lighter than the category's busiest names, so spreads can run wider, and the trust makes no distributions: price is the whole return story.

BITW Performance

Launched Nov 22, 2017

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$6,555
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. BITW $6,555. SPY $11,146. Use the arrow keys to read each point.$5,000$7,500$10,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for BITW. Periods over one year show the average yearly return.
PeriodBITW
Year to date−16.5%
1 month−11.1%
3 months+21.2%
1 year−34.4%
3 yearsper year+38.8%
5 yearsper year−0.3%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BITW
YearReturn barBITW
2026 YTD−16.5%
2025−2.6%
2024+160.7%
2023+331.1%
2022−85.9%
2021−36.8%
2020+403.3%

History from Oct 15, 2020

BITW in the news

BITW Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

BITW Risk

Risk pillarD32 out of 100Rank 9 of 10 in Spot Crypto Basket
How much the fund’s monthly returns vary, scaled to a year.
66.6%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.74
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−90.4%
Trough Dec 2022
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.

How strongly the fund’s returns move with its asset-class index.
2.49
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BITW Cost

Compare BITW and EZPZ

Overpaying vs EZPZ, cheapest in Spot Crypto Basket

$10,530

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BITW 0.75%

    $14,482

  • EZPZ 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • BITW 0.75%
  • EZPZ 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BITW $14,482EZPZ $3,952

Year by year

YearBITWEZPZOverpaying
10$1,336$347$989
20$5,078$1,351$3,727
30$14,482$3,952$10,530

Other funds in Spot Crypto Basket

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