#BitwiseBitcoinETF

The Bitwise Bitcoin ETF (ticker: BITB) is an exchange-traded fund that offers investors exposure to Bitcoin through a traditional brokerage account. Managed by Bitwise Asset Management, a firm specializing in crypto assets, the ETF invests directly in Bitcoin, aiming to mirror its performance minus operational expenses. 

As of December 28, 2024, BITB is trading at $51.42 per share, reflecting a slight decrease of 1.10% from the previous close. The day’s trading has seen prices ranging between an intraday low of $50.77 and a high of $53.00.

Since its launch, BITB has attracted significant investor interest, with assets under management surpassing $2 billion within two months, ranking it among the 25 fastest ETFs to reach this milestone in the 30-year history of ETFs. 

Investing in BITB provides a convenient avenue for gaining Bitcoin exposure without the complexities of direct ownership, such as storage and security concerns. However, it’s important to note that BITB is not registered under the Investment Company Act of 1940 and lacks the associated protections. Investments in BITB carry a high degree of risk and potential volatility, which could lead to significant or complete loss of investment. 

For more detailed information, including the fund’s prospectus and disclosures, you can visit the official website: