Bitwise Crypto Industry Innovators ETFBitwise Crypto Industry Innovators ETFBitwise Crypto Industry Innovators ETF

Bitwise Crypto Industry Innovators ETF

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Key stats

Assets under management (AUM)
‪132.28 M‬USD
Fund flows (1Y)
‪−7.32 M‬USD
Dividend yield (indicated)
1.40%
Discount/Premium to NAV
−2.2%

About Bitwise Crypto Industry Innovators ETF

Issuer
Cottonwood ETF Holdings LLC
Brand
Bitwise
Expense ratio
0.85%
Home page
Inception date
May 11, 2021
Index tracked
Bitwise Crypto Innovators 30 Index
Management style
Passive
BITQ does not hold crypto currencies. The fund does offer a pick-and-shovel type approach to crypto investing by tracking an index of 30 crypto companies from around the world, including emerging markets. A group of individuals associated with the fund issuer determines which companies meet the necessary criteria for respective classification in the index. Companies are sorted into two tiers. Tier 1 stocks are considered the Crypto Innovators or pure-play companies that derive more than 75% of their revenue directly in crypto assets. Tier 2 stocks are large-cap firms with diversified business interests that include at least one significant business focused on the crypto economy. The fund selects the 20 largest Tier 1 and 10 largest Tier 2 companies. Tier 1 companies are market-cap-weighted, while Tier 2 firms are weighted equally. The index is reconstituted and rebalanced quarterly.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Digital economy
Strategy
Vanilla
Weighting scheme
Tiered
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Commercial Services
Stock breakdown by region
90%5%3%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy