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As of October 11, 2026, Bitwise Bitcoin ETF (BITB) trades at $44.63. RSI at 31 is in neutral territory, and the price is above its 50-day average of $41.26.
Bitwise Bitcoin ETF (BITB)
Bitwise Bitcoin ETF NYSE
$44.63
0.3200 (0.72%)
At close: Oct 9, 4:00 PM EDT
AI Analyst Consensus
55 / 100
The Bitwise Bitcoin ETF (BITB) offers direct exposure to bitcoin's price movements within a traditional fund structure. Launched on January 10, 2024, by Bitwise Investments, it aims to simplify bitcoin investment for those seeking cryptocurrency exposure without direct digital wallet management. The fund holds bitcoin directly, utilizing established custodial processes to ensure asset security and daily operations. BITB serves as a regulated, listed product, bridging traditional brokerage accounts with the bitcoin market for both individual and institutional investors. Its recent performance shows a YTD return of -9.58%, underperforming its category return of -19.21%. The 1-year return is -27.25% against a category return of -8.45%.
BITB Price Analysis
Market Metrics
Open
$44.99
Day Range
$44.61 to $45.18
Prev Close
$44.31
Volume
501.9K
52-Week Range
$31.49 to $68.74
BITB Fund Facts
Bitwise Bitcoin ETF is an exchange-traded product designed to provide direct exposure to the price of bitcoin through a familiar fund structure. Bitwise Bitcoin ETF holds bitcoin directly and is intended for investors who want cryptocurrency exposure without managing digital wallets or private keys themselves. The fund is structured to reflect bitcoin’s market performance while using established custodial and administrative processes to support daily fund operations and asset security.
Issuer
Bitwise Investments
Category
Digital Assets
Inception
Jan 10, 2024
Expense ratio
0.20%
Net assets
$2.98B
NAV
$42.55
Distribution yield
0.00%
YTD return
-9.58%
Turnover
0.00%
Trailing returns vs category
| Period | BITB | Category |
|---|---|---|
| YTD | -9.58% | -19.21% |
| 1 month | 25.54% | 5.85% |
| 3 months | 7.66% | -14.71% |
| 1 year | -27.25% | -8.45% |
| 3 years | N/A | 11.96% |
| 5 years | N/A | -27.53% |
Fund reference data as of Oct 11, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
BITB Analysis
AI Technical Analysis
The Bitwise Bitcoin ETF (BITB) is currently trading below its 20-day Exponential Moving Average (EMA) of $44.64, signaling short-term downward pressure. However, the price remains above both the 50-day Simple Moving Average (SMA) of $41.26 and the 200-day SMA of $40.12, indicating a generally positive longer-term trend. The Relative Strength Index (RSI) stands at 30.55, which is in bearish territory, suggesting that the asset is oversold and may experience downward momentum. The Stochastic indicator at 28.25 also points towards oversold conditions. The Commodity Channel Index (CCI) at -108.03 further reinforces the bearish momentum.
ProTips
- Monitor bitcoin's price action closely for signs of trend reversal.
- Consider the impact of regulatory news on the digital asset market.
- Evaluate BITB's performance relative to its category and benchmark for strategic allocation.
- Be aware of the high volatility associated with digital asset ETFs.
Market Outlook
The outlook for the Bitwise Bitcoin ETF (BITB) is cautiously neutral to bearish in the short term, given its current technical positioning. Trading below the 20-day EMA and with a bearish RSI suggests potential for further downside pressure. However, remaining above its 50-day and 200-day moving averages ($41.26 and $40.12) provides a foundation for potential recovery if market sentiment shifts or bitcoin experiences a positive catalyst. Over the next 6-12 months, BITB's performance will largely depend on bitcoin's price action, influenced by macroeconomic factors, regulatory developments, and institutional adoption trends. If bitcoin can overcome current bearish momentum and establish a clear upward trend, BITB could see significant gains, especially considering its long-range projection potential. Conversely, adverse regulatory news or a broader market downturn could lead to further declines.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)
+0.45
Moderate correlation
Nasdaq 100 (QQQ)
+0.47
Moderate correlation
Bitcoin (BTC)
+0.86
Strong correlation
Gold (XAU)
+0.23
Weak correlation
Check Custom Correlation
How does any other asset move with BITB? One year of daily closes, Pearson correlation.
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Key Statistics
| Yield | 0.00% |
|---|---|
| Day High | $45.18 |
| Day Low | $44.61 |
| 52 Week High | 68.74 |
| 52 Week Low | 31.49 |
As a digital asset ETF, BITB's fundamental analysis centers on the underlying asset, bitcoin, and the broader digital asset market. The fund's expense ratio is 0.20%, costing $20.00 per $10,000 invested, which is competitive within the digital asset space. With net assets of $2.98 billion, BITB demonstrates significant investor interest and liquidity. The fund's overview highlights its role in providing regulated access to bitcoin, leveraging established custodial and administrative processes. The digital asset sector is characterized by high volatility and evolving regulatory frameworks, which can impact fund performance and investor sentiment.
Earnings & Growth Analysis
Its performance is directly tied to the price of bitcoin. Bitcoin's price is influenced by a complex interplay of factors including adoption rates, regulatory developments, macroeconomic conditions, and investor sentiment. Recent performance data indicates a YTD return of -9.58% for BITB, suggesting a challenging period for bitcoin's price. The fund's trailing returns show a -27.25% return over the past year, significantly underperforming its category average of -8.45% during the same period. This divergence highlights the volatility inherent in digital assets and the specific market conditions affecting bitcoin.
Key Risks
The primary risk for BITB is the inherent volatility of bitcoin, the underlying asset. As a digital asset ETF, it is subject to significant price swings driven by market sentiment, regulatory news, and technological developments. Concentration risk is also a factor, as the fund's performance is tied almost exclusively to a single asset. Also, the fund's recent underperformance compared to its category average over the past year indicates potential headwinds or a less favorable market environment for bitcoin relative to other digital assets.
Technical Indicators
| RSI (14) | 30.55 |
|---|---|
| MACD | 1.06 |
| SMA 50 | 41.26 |
| SMA 200 | 40.12 |
RSI
Bearish
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($41.26) above the 200-day SMA ($40.12), price action is firmly bullish above key moving averages.
BITB Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative
2%
Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Entry Strategies pick an entry style
Conservative
$44.18
Slight discount to current
Wait for small dip
Aggressive
$44.63
At current price
Enter now if confident
Risk Management
STOP LOSS
$42.58
MAX LOSS
-3.6%
Volatility-Adjusted Stop Loss
Calculated based on RSI (30.6) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$45.51
+3% (Conservative)
+2.0% (Aggressive)
TARGET 2
$46.39
+5% (Conservative)
+4.0% (Aggressive)
TARGET 3
$47.72
+8% (Conservative)
+6.9% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
ETF Investment Disclaimer
This AI-generated analysis of BITB is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on October 11, 2026.Growth of $10,000
A $10,000 investment in BITB in January 2024 would be worth about $17,475 today, compared with about $16,344 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in BITB today could grow to about $29,176 by 2036 in the base case, with a bull case near $209,380 and a bear case around $4,066. Projections are statistical simulations, not guarantees.
BITB ETF Price Prediction: 2030
CleaRank's simulation projects a price near $68.49 for BITB by 2030 in the base case, from $44.63 today (1.5x over 4 years). The downside path ends near $19.69. These are outcomes of a Monte Carlo simulation run on BITB's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $26.64 | $49.67 | $92.64 |
| 2028 | $22.90 | $55.29 | $133 |
| 2029 | $20.91 | $61.54 | $181 |
| 2030 | $19.69 | $68.49 | $238 |
| 2031 | $18.92 | $76.23 | $307 |
| 2032 | $18.44 | $84.85 | $391 |
| 2033 | $18.16 | $94.44 | $491 |
| 2034 | $18.03 | $105 | $613 |
| 2035 | $18.04 | $117 | $759 |
| 2036 | $18.14 | $130 | $934 |
Method: 10,000 simulated price paths using BITB's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. BITB is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.
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Frequently Asked Questions
What is the expense ratio for the Bitwise Bitcoin ETF (BITB) and what does it cost per $10,000 invested?
The Bitwise Bitcoin ETF (BITB) has an expense ratio of 0.20%. This translates to an annual cost of $20.00 for every $10,000 invested in the fund.
What assets does the Bitwise Bitcoin ETF (BITB) hold and what sectors is it concentrated in?
The Bitwise Bitcoin ETF (BITB) holds bitcoin directly, providing exposure to the digital asset. Its asset allocation is concentrated in bitcoin, with 'others' making up the remaining 1%.
How has the Bitwise Bitcoin ETF (BITB) performed against its category over different periods?
The Bitwise Bitcoin ETF (BITB) has shown mixed performance against its category. Its YTD return is -9.58% compared to the category's -19.21%. However, over the past year, BITB returned -27.25% while its category returned -8.45%.
What is the current price prediction for the Bitwise Bitcoin ETF (BITB) in 2030?
Based on Monte Carlo simulations, the projected base price for the Bitwise Bitcoin ETF (BITB) in 2030 is $68.49. The downside price projection is $19.69, and the upside price projection is $238.21. These figures represent statistical simulation outcomes, not price targets or guarantees.
What is the current technical momentum for the Bitwise Bitcoin ETF (BITB)?
The Bitwise Bitcoin ETF (BITB) is currently showing bearish momentum, with its price below the 20-day EMA and a RSI value of 30.55, indicating oversold conditions.
What are the primary risks associated with investing in the Bitwise Bitcoin ETF (BITB)?
The primary risks include the extreme volatility of bitcoin, potential regulatory changes affecting digital assets, and concentration risk as the fund's performance is tied to a single asset.
What is the long-term outlook for the Bitwise Bitcoin ETF (BITB)?
The long-term outlook for BITB is contingent on the broader adoption and regulatory acceptance of bitcoin. While current technicals suggest short-term weakness, its position above longer-term SMAs offers some support.