Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP)

NYSEARCA: BTOP · Real-Time Price · USD
30.79
+1.34 (4.56%)
Jul 2, 2025, 4:00 PM - Market closed
4.56%
Assets $4.54M
Expense Ratio 0.89%
PE Ratio n/a
Shares Out 150,004
Dividend (ttm) $20.82
Dividend Yield 67.60%
Ex-Dividend Date Dec 26, 2024
Payout Frequency Annual
Payout Ratio n/a
Volume 692
Open 29.82
Previous Close 29.45
Day's Range 29.82 - 30.79
52-Week Low 23.40
52-Week High 66.82
Beta n/a
Holdings 3
Inception Date Sep 29, 2023

About BTOP

Fund Home Page

The Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts during upward trends and 100% US Treasurys during downward trends. BTOP was launched on Sep 29, 2023 and is issued by Bitwise.

Asset Class Asset Allocation
Category Digital Assets
Region North America
Stock Exchange NYSEARCA
Ticker Symbol BTOP
ETF Provider Bitwise

Dividends

Ex-Dividend Amount Pay Date
Dec 26, 2024 $20.8155 Dec 30, 2024
Dec 22, 2023 $1.9882 Dec 28, 2023
Full Dividend History

Performance

BTOP had a total return of 1.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 47.65%.

News

Corporate America outpaces ETFs in Bitcoin buying amid pro-crypto shift

Publicly traded companies in the United States are stepping ahead of exchange-traded funds (ETFs) in acquiring Bitcoin, continuing a trend that has gained momentum over the past nine months.

23 hours ago - Invezz

Bitcoin, MicroStrategy and Coinbase Stocks Rise. How Trump Is Helping Crypto.

Trump's signature tax-and-spend legislation was passed by the Senate on Tuesday without any crypto-specific elements despite a last-minute attempt to squeeze in tax changes that would have benefited c...

1 day ago - Barrons

Bitcoin, Ethereum Retreat. Why Crypto Is Trading Like Stocks, Not Gold.

The bigger picture is that there's still a lot of optimism about crypto.

2 days ago - Barrons

Bitcoin Price Slips. Why the Crypto Is Stalling Below Its Record High.

The crypto rally has fizzled out lately, even as other risk-on assets like stocks have surged to new highs.

3 days ago - Barrons

Bitcoin Price Slips. What Could Reignite the Crypto Rally.

Traders were likely taking the opportunity to lock in profit after a strong recent spell for the token.

6 days ago - Barrons

Bitcoin's struggle to rally: Here's what to know

CNBC's Tanaya Macheel joins 'Worldwide Exchange' to discuss the latest bitcoin price trends.

7 days ago - CNBC Television

Bitcoin Extends Strong Run. These 3 Things Are Set to Drive Cryptos Higher.

The world's largest token is trading at close to $110,000, meaning it's within touching distance of a record high.

7 days ago - Barrons

Bitcoin Price Rises. The Crypto Is Being Boosted by These 2 Factors Today.

The world's largest token rallied on Tuesday after Israel and Iran agreed to a cease-fire.

8 days ago - Barrons

Defense, Energy & Crypto: Reason to Be Bullish

Barbara Goodstein sees some standout opportunities in a few select groups of the market including defense, energy and crypto. Within the defense space, she points to the VanEck Defense ETF (DFNS) as w...

9 days ago - Schwab Network

Bitcoin investors are very happy that they're continuing to see volatility, says Anthony Pompliano

Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the latest bitcoin price trends, impact of U.S. strikes on Iran, what to make of the volatility, rise ...

9 days ago - CNBC Television

US investor strikes $1 billion merger to create bitcoin treasury company

U.S. investor and entrepreneur Anthony Pompliano announced on Monday the creation of a new bitcoin treasury company that would hold up to $1 billion of the world's largest cryptocurrency on its balanc...

9 days ago - Reuters

Bitcoin Price Drops. What Crypto Haven?

The token clearly isn't benefiting from heightened geopolitical uncertainty—it has dropped about 5% since Israel attacked Iran.

10 days ago - Barrons

Spot Bitcoin ETFs draw $1.02B even as BTC price slips below $103K

Spot Bitcoin ETFs attracted $1.02 billion in net inflows between June 16 and June 20, according to the latest market data. While still substantial, this marks a 29% decrease from the $1.39 billion rec...

10 days ago - Invezz

Bitcoin briefly sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off

CNBC's MacKenzie Sigalos joins 'Special Report' to report on the latest bitcoin price trends following Washington's surprise attack against Iranian nuclear sites.

10 days ago - CNBC Television

Bitcoin sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off

Spot bitcoin ETF inflows froze late last week as institutional investors grew cautious ahead of U.S. President Donald Trump's Iran response. More than $1 billion in crypto positions were liquidated in...

10 days ago - CNBC

Bitcoin Price Climbs. What's Driving the Crypto Rebound

Cryptos have been drifting amid macroeconomic uncertainty, an escalating conflict in the Middle East, and a looming U.S. tariff deadline.

13 days ago - Barrons

Bitcoin Price Slips. Watch the Dollar for Clues on Where Cryptos Goes Next.

The world's largest cryptocurrency doesn't seem to be getting much of a boost from rising geopolitical uncertainty.

14 days ago - Barrons

Here's how bitcoin is entering investor portfolios through the backdoor

Many investors are getting exposure to bitcoin whether they want to or not.

14 days ago - Market Watch

Dominant Chinese makers of bitcoin mining machines set up US production to beat tariffs

The world's three best-selling makers of bitcoin mining machines - all of Chinese origin - are setting up manufacturing footholds in the United States as President Donald Trump's tariff war reshapes t...

15 days ago - Reuters

Bitcoin Rises, Ethereum Falls as Israel-Iran Conflict Keeps Cryptos on Edge

Digital assets often trade like risky technology stocks, with the potential to rise sharply when market optimism is strong, but they can also be volatile when sentiment shifts.

16 days ago - Barrons

‘Fiat is a fraud': Ricardo Salinas says bitcoin and gold are the only way out

Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau.  Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.

16 days ago - Kitco

Explainer: What are bitcoin treasury strategies, the latest trend in the public markets?

Certain public companies, including one founded by President Donald Trump, have been going on a cryptocurrency buying spree, capitalizing on higher token prices and a softening regulatory environment ...

17 days ago - Reuters

Bitcoin Price Rises. How the Middle East Fight Could Sink the Crypto Below This Level.

Digital-asset bulls say the token is a safe haven—but it appears to behave more like a risk asset in times of geopolitical uncertainty.

17 days ago - Barrons

Bitcoin becoming 'more central' to portfolios as its volatility cools, Coatue's Philippe Laffont says

Philippe Laffont, founder of Coatue Management, said bitcoin's volatility initially deterred him from investing in the cryptocurrency. Institutional heavyweights are embracing the flagship crypto, whi...

18 days ago - CNBC

Bitcoin Price Falls. Why Crypto Volatility Is a Thing of the Past.

Looking at history, Bitcoin could do well for about another year, then see a down year in 2026, Cantor Fitzgerald analyst says.

21 days ago - Barrons