(BITQ) Bitwise Funds Trust - Overview
ETF Category: Equity Digital Assets | Exchange: NYSE ARCA (USA) | Market Cap: 462m USD | Total Return: 51.4% in 12m
Avg Turnover: 2.68M
Warnings
Choppy
Tailwinds
No distinct edge detected
The Bitwise Crypto Industry Innovators ETF (BITQ) tracks a specialized index of companies fundamental to the cryptocurrency ecosystem. The fund focuses on businesses engaged in crypto mining, hardware production, and specialized financial services, maintaining a mandate to invest at least 80% of its net assets in these Crypto Innovators.
The underlying business models in this sector often link corporate revenue directly to digital asset prices and network transaction volumes. Crypto mining firms, for instance, operate high-density data centers that secure blockchain networks in exchange for block rewards and transaction fees.
As a non-diversified fund, BITQ carries concentrated exposure to the infrastructure layer of the digital asset market rather than the currencies themselves. Reviewing the historical volatility of these specific holdings on ValueRay can provide further clarity on the funds risk profile. This structural focus positions the ETF as a proxy for the operational growth of the decentralized economy.
- Bitcoin price volatility dictates trading volume across core portfolio holdings
- Institutional adoption of digital assets expands demand for crypto financial services
- Global hash rate fluctuations impact profitability for constituent crypto mining firms
- SEC enforcement actions and legislative shifts drive valuation of crypto-focused institutions
- Quarterly rebalancing of the Bitwise Crypto Innovators 30 Index influences fund performance
As of May 24, 2026, the stock is trading at USD 26.82 with a total of 90,336 shares traded.
Over the past week, the price has changed by +1.63%,
over one month by +7.75%,
over three months by +43.04% and
over the past year by +51.35%.
Bitwise Funds Trust has no consensus analysts rating.