Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC)
| Assets | $20.24M |
| Expense Ratio | 0.90% |
| PE Ratio | n/a |
| Shares Out | 425,004 |
| Dividend (ttm) | $20.22 |
| Dividend Yield | 42.39% |
| Ex-Dividend Date | Dec 26, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 12,570 |
| Open | 47.77 |
| Previous Close | 48.58 |
| Day's Range | 47.50 - 47.99 |
| 52-Week Low | 37.50 |
| 52-Week High | 79.48 |
| Beta | 1.91 |
| Holdings | 3 |
| Inception Date | Mar 20, 2023 |
About BITC
Fund Home PageThe Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that seeks capital appreciation by providing front-month CME Bitcoin futures contracts exposure during upward trends and 100% US Treasurys exposure during downward trends. Importantly, the fund does not directly invest in bitcoin or other digital assets. BITC was launched on Mar 20, 2023 and is issued by Bitwise.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $20.2175 | Dec 30, 2024 |
| Dec 22, 2023 | $1.8821 | Dec 28, 2023 |
Performance
BITC had a total return of 73.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 52.12%.
News
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Declining Bitcoin Volatility Has Plenty of Benefits
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Galaxy CEO Mike Novogratz: Bitcoin could see another big surge towards the end of the year
Galaxy founder and CEO Michael Novogratz joins 'Squawk Box' to discuss the state of crypto, bitcoin price trends, future of crypto treasuries, and more.
Bitcoin buyers plunge as investors' crypto euphoria fades
Companies that accumulate and hoard bitcoin and other cryptocurrencies have suffered sharp drops in their share prices as the crypto euphoria that has gripped investors recedes.
Bitcoin Attractively Valued as Volatility Falls: JP Morgan
Bitcoin and ETFs such as the Coinshares Valkyrie Bitcoin Fund (BRRR) are coming off rough showings in August. This isn't surprising given the cryptocurrency's reputation for faltering in the eighth mo...
Bitcoin represents a digital transformation of capital markets, says Strategy's Michael Saylor
Michael Saylor, Strategy executive chairman, joins 'Squawk Box' to discuss the state of bitcoin, what to make of the rally this year, Strategy's bitcoin strategy, rise of bitcoin treasury companies, a...
Bitcoin can 'easily' get to $200,000 before year-end, says Fundstrat's Tom Lee
Tom Lee, Fundstrat Global Advisors head of research and Fundstrat Capital CIO, joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, latest market trend...
Bitcoin climbs after dismal jobs report fuels rate cut hopes: CNBC Crypto World
On today's episode of CNBC's Crypto World, bitcoin climbs after it was revealed that payrolls rose less than expected in August. Plus, crypto billionaire Justin Sun says his World Liberty Financial to...
How to Think About Bitcoin Allocations
Advisors and investors find themselves inundated with decisions and choices when investing in the crypto economy. Between deciding what cryptocurrency to invest in (bitcoin, ether, tether, solana, etc...
Signs Point to a Bitcoin Rebound
As of midday Tuesday, bitcoin was clinging to the psychologically important $110,000 level following a drop of more than 2% over the prior seven trading days — one that materialized as rival ether rac...
Bitcoin funds may soon be bigger than gold, even as yellow metal sets another round of records
Bitcoin has proved to be a worthy rival to gold, as assets under management in exchange-traded funds for the cryptocurrency have been quickly catching up to those of the safe-haven staple.
