BITB on NYSE
Bitwise Bitcoin ETF
American commodity contracts brokers and dealers company based in San Francisco2
In its 2026 annual report the company says: “Bitwise Bitcoin ETF is a Delaware statutory trust formed on August 29, 2019.”10 Its shares trade on NYSE under the symbol BITB.2
Price unavailable
Last updated Oct 21, 2026.
Overview
- TickerBITB on NYSE2
- IndustryCommodity Contracts Brokers & Dealers2
- HeadquartersSan Francisco, United States2
- Incorporated inDE3
- Business address250 Montgomery Street, Suite 200, San Francisco, Ca 941043
- Filer categoryLarge accelerated filer3
- Legal formStatutory Trust2
- Kind of organizationTrust2
- LEI529900ZAA28Q7XD311742
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o CSC DELAWARE TRUST COMPANY, 251 Little Falls Drive, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 75831992
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What Bitwise Bitcoin ETF reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Properties, in its own words
The Trust is a passive entity with no operations, and the Sponsor administers and manages the Trust as described under “Item 1. Business—Description of the Trust Agreement.” The principal office of the Sponsor is located at 250 Montgomery Street, Suite 200, San Francisco, CA 94104. The lease expires on March 1, 2027.
Item 2 of the 10-K filed Mar 2, 2026.10
Former names
Timeline
Filings
55 filings to the SEC since October 2021: 5 annual reports, 8 quarterly reports, 2 major events, 40 other. The latest 20:
- Aug 7, 202610-Q EDGAR
- May 6, 202610-Q EDGAR
- Mar 27, 2026424I EDGAR
- Mar 11, 202610-K/A EDGAR
- Mar 2, 202610-K EDGAR
- Nov 10, 202510-Q EDGAR
- Sep 3, 2025RW REGISTRATION WITHDRAWAL REQUEST EDGAR
- Aug 7, 202510-Q EDGAR
- Aug 1, 2025424B3 PROSPECTUS EDGAR
- Jul 31, 2025EFFECT EDGAR
- Jul 31, 2025CORRESP EDGAR
- Jul 31, 2025S-3/A AMENDMENT NO. 3 TO FORM S-3 EDGAR
- Jul 29, 2025S-3/A AMENDMENT NO. 2 TO FORM S-3 EDGAR
- Jun 23, 2025CORRESP EDGAR
- Jun 23, 2025S-3/A AMENDMENT NO. 1 TO FORM S-3 EDGAR
- Jun 18, 2025UPLOAD EDGAR
- Jun 10, 2025S-3 REGISTRATION STATEMENT EDGAR
- May 12, 202510-Q EDGAR
- Mar 28, 2025424I EDGAR
- Mar 28, 202510-K/A EDGAR
The 55 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
22 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Nov 28, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −23.3% | Report |
| Nov 26, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −23.1% | Report |
| Nov 25, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −21.2% | Report |
| Nov 24, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −24.2% | Report |
| Apr 9, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −42.0% | Report |
| Apr 7, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −48.8% | Report |
| Apr 3, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −44.7% | Report |
| Apr 2, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −43.3% | Report |
| Mar 31, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −39.5% | Report |
| Mar 27, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −42.8% | Report |
| Mar 25, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −42.0% | Report |
| Mar 24, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −42.4% | Report |
| Mar 20, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −40.0% | Report |
| Mar 13, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −38.6% | Report |
| Mar 11, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −41.1% | Report |
| Mar 10, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −34.9% | Report |
| Mar 5, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −42.6% | Report |
| Mar 3, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −37.7% | Report |
| Feb 28, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −33.5% | Report |
| Feb 27, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −34.5% | Report |
| Feb 26, 2025 | David McCormickRepublican, Senate | Buy | $15,001 - $50,000 | −33.5% | Report |
| Feb 25, 2025 | David McCormickRepublican, Senate | Buy | $50,001 - $100,000 | −37.6% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Bitwise Bitcoin ETF is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBitwise Bitcoin ETF1
- CIK0001763415
- Employer ID (EIN)83-661321410
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company10
- Incorporated inDelaware10
- Fiscal year endsDecember 311
- Industry code (SIC)6221 Commodity Contracts Brokers & Dealers1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business address250 Montgomery Street, Suite 200, San Francisco, CA 941041
- Phone415-707-36631
- Shares outstanding68,160,000 as of Aug 2, 20267
- Public float$4.3B as of Jun 30, 202510
- AuditorKPMG LLP, New York PCAOB ID 185; it also attests to the company’s internal control over financial reporting10
- On EDGAR sinceJan 10, 20191
- Filings65 in all: S-1/A (10), 10-Q (8), CORRESP (8), UPLOAD (6), FWP (5), 10-K (3), 424B3 (3), EFFECT (3)1
All 19 form types
S-1 (3), S-3/A (3), 10-K/A (2), 424I (2), 8-K (2), RW (2), 8-A12B (1), CERT (1), POS AM (1), POS EX (1), S-3 (1)
- Latest filingsAnnual report (10-K) Mar 2, 2026
Quarterly report (10-Q) Aug 7, 2026
Latest 8-K (8-K) Feb 14, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Bitwise Bitcoin ETF Shares | BITB | NYSE Arca, Inc. |
From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).10
Risk factors and legal proceedings
The risks Bitwise Bitcoin ETF names in Item 1A of its 10-K filed Mar 2, 2026: 72 risks under these headings, as written.10
- Risks Associated with Digital Assets
- The trading prices of many digital assets, including bitcoin, have experienced extreme volatility in recent periods and may continue to do so. Extreme volatility in the future, including further declines in the trading price of bitcoin, could have a material adverse effect on the value of the Shares and the Shares could lose all or substantially all of their value.
- Many digital assets, including bitcoin, were only introduced within the past few decades, and the medium-to-long term value of the Shares is subject to a number of factors relating to the capabilities and development of blockchain technologies and to the fundamental investment characteristics of digital assets.
- The blockchains on which ownership of digital assets, including bitcoin, is recorded are dependent on the efforts of third parties acting in their capacity as blockchain transaction participants, including miners, and if these third parties fail to successfully perform these functions, the operation of the blockchains that record ownership of digital assets could be compromised.
- The value of digital assets is dependent, directly or indirectly, on prices established by digital asset exchanges and other digital asset trading venues, which are new and, in most cases, largely unregulated.
- Smart contracts, including those relating to decentralized applications (“dApps”), are a new technology and their ongoing development and operation may result in problems, which could reduce the demand for digital assets, including bitcoin, or cause a wider loss of confidence in blockchain networks, either of which could have an adverse impact on the value of bitcoin and the value of the Shares.
- Risks Associated with Bitcoin, the Bitcoin Network, and the Market for Bitcoin
- The price of bitcoin has exhibited periods of extreme volatility, which could have a negative impact on the performance of the Trust.
- Fluctuations in bitcoin supply due to energy consumption, environmental regulations, and mining restrictions could adversely affect its network security and the value of the Shares
- A decline in the adoption of bitcoin could negatively impact the Trust.
- The Bitcoin network faces significant scaling challenges and efforts to increase the volume and speed of transactions may not be successful.
- Any name changes and any associated rebranding initiative by the core developers of bitcoin may not be favorably received by the digital asset community, which could negatively impact the value of bitcoin and the value of the Shares.
The other 62 risks
- If the Bitcoin network is used to facilitate illicit activities, businesses that facilitate bitcoin transactions could be at increased risk of criminal or civil liability, or of having services cut off, which could negatively affect the price of bitcoin and the value of the Shares.
- A temporary or permanent “fork” of the Bitcoin blockchain could adversely affect the value of the Shares.
- A clone of the Bitcoin network could adversely affect the value of the Shares.
- In the event of a hard fork of the Bitcoin network, the Bitcoin Custodian’s operations may be interrupted or subject to additional security risks that could disrupt the Trust’s ability to process creations and redemptions of Shares or otherwise threaten the security of the Trust’s bitcoin holdings.
- Shareholders may not receive the benefits of any forks or “airdrops.”
- The prevailing level of transaction fees may adversely affect the usage of the Bitcoin network.
- If a malicious actor or botnet obtains control of more than 50% of the processing power on the Bitcoin network, or otherwise obtains control over the Bitcoin network through its influence over core developers or otherwise, such an actor or botnet could manipulate how data is recorded on the Bitcoin blockchain, potentially adversely affecting the value of the Shares or the ability of the Trust to operate.
- The digital asset trading platforms on which bitcoin trades are relatively new, may be non-compliant with applicable regulations, and could negatively impact the value of bitcoin and the value of the Shares.
- The digital asset trading platforms on which bitcoin trades may be exposed to fraud and market manipulation, which could negatively impact the value of bitcoin and the value of the Shares.
- Wash Trading
- Cyberattacks and Security Breaches of the Bitcoin Trading Platforms
- Front-Running
- Fraud and Manipulation
- The value of bitcoin may be subject to momentum pricing and may impact the value of an investment in the Shares.
- Political or economic crises may motivate large-scale sales of bitcoin, which could result in a reduction in the price of bitcoin and adversely affect the value of an investment in the Shares.
- Ownership of bitcoin is pseudonymous, and the supply of accessible bitcoin is unknown. Entities with substantial holdings in bitcoin may engage in large-scale sales or distributions, either on nonmarket terms or in the ordinary course, which could result in a reduction in the price of bitcoin and adversely affect an investment in the Shares.
- Irrevocable nature of Bitcoin blockchain-recorded transactions.
- The loss or destruction of a private key required to access bitcoin may be irreversible. The Bitcoin Custodian’s loss of access to a private key associated with the Trust’s bitcoin could adversely affect an investment in the Shares.
- A disruption of the internet may affect Bitcoin network operations, which may adversely affect the bitcoin industry and the value of an investment in the Shares.
- Decentralized governance of the Bitcoin network and potential amendments to the Bitcoin network’s protocols and software could, if accepted and authorized by the Bitcoin network community, have a negative impact on the performance of the Trust.
- New competing digital assets may pose a challenge to bitcoin’s current market dominance, resulting in a reduction in demand for bitcoin, which negatively impact its price and may have a negative impact on the performance of the Trust.
- Competition from CBDCs and emerging payments initiatives involving financial institutions could adversely affect the value of bitcoin and the value of an investment in the Shares.
- The price of bitcoin may be affected due to stablecoins (including Tether and USD Coin, or USDC), the activities of stablecoin issuers and their regulatory treatment.
- Congestion or delays in the Bitcoin network may delay purchases or sales of bitcoin by the Trust.
- The scheduled creation of newly mined bitcoin and their subsequent sale may cause the price of bitcoin to decline, which could negatively affect the value of an investment in the Shares.
- Risks Associated with the BRRNY, BRR and CME Bitcoin Real Time Price
- The limited history and methodological risks of the BRRNY, BRR, and CME Bitcoin Real Time Price could cause inaccuracies in bitcoin prices, potentially undermining investor confidence in the Trust’s ability to accurately track bitcoin prices, which could negatively affect the value of an investment in the Shares.
- Systems failures or errors by the Benchmark Provider could lead to inaccurate BRRNY calculations, potentially resulting in misalignment of the Trust’s NAV and share price with the global market price of bitcoin, which could negatively affect the value of an investment in the Shares.
- The Sponsor can discontinue using the BRRNY and use a different pricing or valuation methodology, which could negatively affect the Trust’s performance and the value of an investment in the Shares.
- The BRRNY price used to calculate the value of the Trust’s bitcoin may be volatile, adversely affecting the value of an investment in the Shares.
- The BRRNY price used to determine the Trust’s NAV may not align with GAAP, potentially leading to significant discrepancies in the Trust’s financial statements, which could impact investors’ perception of the value of an investment in the Shares.
- Non-concurrent trading hours between the Exchange and digital asset trading platforms, including the Constituent Platforms of the BRRNY, may cause the Shares to trade at a discount or premium relative to the NAV, leading to potential gaps in trading price of the Shares on the Exchange.
- Risks Associated with Investing in the Trust
- Investing in bitcoin through the Trust is speculative and involves a high degree of risk, including the potential loss of the entire investment.
- Limited history and potential illiquidity in bitcoin markets may exacerbate losses and increase variability between the Trust’s NAV and bitcoin’s market price
- The Trust may create or redeem Baskets at a value that differs from the market price of the Shares due to discrepancies between the NAV, as determined by the BRRNY, and the actual market price of bitcoin.
- Buying and selling activity from Basket purchases and redemptions, along with potential suspension or rejection of purchase or redemption orders, may adversely affect the liquidity and the value of an investment in the Shares.
- Arbitrage transactions intended to align the price of Shares with the actual price of bitcoin may be disrupted if the process for the creation, purchase and redemption of Baskets encounters difficulties, which may adversely affect the value of an investment in the Shares.
- Shareholders do not have statutory shareholder rights, and amendments to the Trust Agreement or Sponsor Agreement may occur without shareholder consent, potentially imposing new fees or altering shareholder rights.
- The Trust may face challenges in consistently achieving its investment objective due to various factors including operational limitations, management experience, and asset concentration risks.
- The Trust’s operations rely heavily on the Sponsor, whose limited staffing, potential discontinuance, and conflicts of interest could adversely impact the Trust’s management and stability and the value of the Shares.
- The market for the Shares relies heavily on active participation from Authorized Participants, and any reduction or disruption in their activities could adversely affect the liquidity and price of the Shares.
- The inability of Authorized Participants and market makers to hedge their bitcoin exposure may adversely affect the liquidity of Shares and the value of an investment in the Shares.
- Security threats and cyber-attacks could result in the halting of Trust operations, a loss of Trust assets or damage to the reputation of the Trust, each of which could result in a reduction in the price of the Shares.
- Competitive pressures on the development and commercialization of the Trust could adversely affect the liquidity, pricing, and overall value of an investment in the Shares.
- The lack of active trading markets for the Shares may result in losses on investors’ investments at the time of disposition of Shares.
- Gradual decline in bitcoin holdings per Share over time may lead to divergence from bitcoin’s market price and lower returns on investment in the Trust.
- Extraordinary expenses resulting from unanticipated events may become payable by the Trust, potentially reducing the NAV and adversely affecting an investment in the Shares.
- The Trust’s operations and value of the Shares could be adversely affected by the reliance on the security, stability, and performance of service providers, which may be subject to operational failures, conflicts of interest, and regulatory actions, leading to potential losses of the Shareholders.
- The Trust may be required, or the Sponsor may deem it appropriate, to terminate and liquidate at a time that is disadvantageous to Shareholders.
- Regulatory Risk
- As a public company, the Trust’s compliance with public reporting obligations and exchange listing standards imposes significant costs and operational challenges, and failure to meet these standards could adversely affect the market price and liquidity of the Shares.
- The Trust is not a registered investment company and is not subject to the Commodity Exchange Act, which limits Shareholder protections and may increase the Trust’s exposure to unregulated risks.
- Trading on digital asset trading platforms outside the U.S. may be less reliable than U.S. trading platforms and expose investors to higher risks, which may adversely affect the performance of the Trust and the value of Shares.
- As bitcoin and the digital asset ecosystem have expanded, they have attracted increasing regulatory attention from U.S. regulators, and evolving regulatory frameworks may impact bitcoin’s classification and treatment. These developments
- could significantly influence the Trust’s compliance requirements, valuation strategies, result in extraordinary expenses, and substantially impact the value of the Shares.
- International regulatory divergence may affect the global acceptance and liquidity of digital assets, potentially impacting bitcoin’s market and the Trust’s value.
- Environmental concerns and regulatory pressures on bitcoin mining could raise operational costs and impact Bitcoin’s value and decentralization.
- Regulatory changes or actions by federal or state executives or legislators may affect the value of the Shares or restrict the use of bitcoin, its mining activity or the operation of its networks or the digital asset markets in a manner that adversely affects the value of the Shares.
- Regulatory changes could render bitcoin ownership illegal, forcing the Trust into involuntary termination and liquidation, which may adversely affect the value of the Shares.
- If regulators subject the Trust, Sponsor, or certain service providers to regulation as a money service business or money transmitter, this could result in extraordinary expenses to the Trust or the Sponsor and also result in decreased liquidity for the Shares.
- The Trust and the Sponsor must comply with applicable laws and regulations relating to privacy, data protection, and cybersecurity, and may experience material negative effects to their business and financial condition if they do not comply.
- The IRS may disagree with or seek to challenge the Trust’s treatment as a grantor trust.
- Shareholders could incur a tax liability without an associated distribution of the Trust.
- The tax treatment of bitcoin and transactions involving bitcoin for U.S. federal income tax purposes may change.
- The tax treatment of bitcoin and transactions involving bitcoin for state and local tax purposes is not settled.
- A “fork” of the Bitcoin blockchain or an airdrop could result in Shareholders incurring a tax liability.
- Non-U.S. Shareholders may be subject to U.S. federal withholding tax on income derived from forks, airdrops and similar occurrences.
Legal proceedings
There are no current, past, pending or, to the Sponsor’s knowledge, threatened legal proceedings or administrative actions either by or against the Trust or the Sponsor that could have a material effect on the Trust’s or the Sponsor’s business, financial condition, or operations or any current, past or pending trading suspensions by a securities regulator.
The opening of Item 3, Legal Proceedings.10
Sources
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