BITQBITWISE CRYPTO INDUSTRY INNOVATORS ETF
BITWISE CRYPTO INDUSTRY INNOVATORS ETF
$25.17+2.36% today
16.743052-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +18.5% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$119Massets under management
—expense ratio
—net flow, trailing month
86Kavg daily volume, 30 days
31holdings · US-domiciled
2024listed June 17, 2024 · beta 2.90
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | +7.7% |
| 1 month | +8.1% |
| 3 months | -6.2% |
| 6 months | +30.5% |
| YTD | +18.5% |
| 1 year | +25.2% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
62%realized volatility, 30 days (annualized)
59%realized volatility, 1 year
-45.0%deepest fall from a peak, 1 year
-17.3%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
22calls today
31puts today
1.41put/call ratio
115Kshares traded
The case against BITQ
Due diligence cuts both ways. These funds sit on the same shelf and beat BITQ on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| EWN iShares MSCI Netherlands ETF | 0.50% | $745M | +$142M | 6× the assets · +$142M in over the month | Head-to-head |
| IBIT iShares Bitcoin Trust | 0.12% | $64.8B | — | 545× the assets | Head-to-head |
| FBTC FIDELITY WISE ORIGIN BITCOIN FUND | — | $7.8B | — | 65× the assets | Head-to-head |
| BITO ProShares Bitcoin Strategy ETF | 0.95% | $1.8B | — | 15× the assets | Head-to-head |