(BITB) Bitwise Bitcoin - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US09174C1045 • Digital Assets
BITB: Bitcoin, U.S. Dollars
The Bitwise Bitcoin ETF (NYSE ARCA: BITB) is designed to provide investors with exposure to Bitcoin through a traditional ETF structure. The fund achieves this by holding Bitcoin directly and charging a management fee in U.S. dollars. It does not employ leverage or engage in active trading strategies, making it a straightforward, passive investment vehicle.
The ETF’s net asset value (NAV) is determined daily based on the Bloomberg Bitcoin Round Price Next Day (BRRNY), a widely recognized benchmark for Bitcoin pricing. This ensures transparency and consistency in valuation. The trust operates without actively managing its Bitcoin holdings, meaning the Sponsor focuses solely on maintaining the fund’s structure and compliance rather than attempting to time the market or trade Bitcoin.
With an assets under management (AUM) of approximately $4.0 billion, BITB is one of the larger Bitcoin-linked ETFs available to U.S. investors. It trades on the NYSE ARCA exchange, providing liquidity and accessibility to both institutional and retail investors. The fund’s structure allows it to track the price of Bitcoin closely, making it a popular choice for those seeking Bitcoin exposure without directly holding the cryptocurrency.
As a passive investment vehicle, BITB does not pursue active management strategies or attempt to outperform Bitcoin’s price movements. Its simplicity is a key feature, appealing to investors who want Bitcoin exposure without the complexities of directly managing a Bitcoin wallet or navigating spot markets. The SponsorFee is deducted from the fund’s assets, and the ETF does not engage in frequent buying or selling of Bitcoin, which helps minimize operational overhead.
Additional Sources for BITB ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BITB ETF Overview
| Market Cap in USD | 3,244m |
| Category | Digital Assets |
| IPO / Inception | 2024-01-10 |
BITB ETF Ratings
| Growth 5y | 45.4% |
| Fundamental | - |
| Dividend | 0.0% |
| Rel. Strength | 19.4 |
| Analysts | - |
| Fair Price Momentum | 44.54 USD |
| Fair Price DCF | - |
BITB Dividends
No Dividends PaidBITB Growth Ratios
| Growth Correlation 3m | -76.6% |
| Growth Correlation 12m | 66.5% |
| Growth Correlation 5y | 71.7% |
| CAGR 5y | 65.59% |
| CAGR/Max DD 5y | 2.39 |
| Sharpe Ratio 12m | -0.50 |
| Alpha | 21.77 |
| Beta | 0.988 |
| Volatility | 54.26% |
| Current Volume | 1202.6k |
| Average Volume 20d | 975.8k |
As of April 04, 2025, the stock is trading at USD 47.33 with a total of 1,202,586 shares traded.
Over the past week, the price has changed by +0.51%, over one month by +1.15%, over three months by -10.70% and over the past year by +31.58%.
Partly, yes. Based on ValueRay Analyses, Bitwise Bitcoin (NYSE ARCA:BITB) is currently (April 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 45.38 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BITB as of April 2025 is 44.54. This means that BITB is currently overvalued and has a potential downside of -5.89%.
Bitwise Bitcoin has no consensus analysts rating.
According to ValueRays Forecast Model, BITB Bitwise Bitcoin will be worth about 50.4 in April 2026. The stock is currently trading at 47.33. This means that the stock has a potential upside of +6.53%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 50.4 | 6.5% |