Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF
BITC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Hunter Horsley
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Montgomery Street, Suite 600 San Francisco CA United States of America 94104
- IPO Date
- Mar 21, 2023
- Website
- bitcetf.com
- Similar Companies
- Business
- Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is an actively managed exchange-traded fund that seeks capital appreciation by rotating exposure between front-month CME Bitcoin futures contracts and U.S. Treasury securities based on proprietary trend-following signals derived from bitcoin's 10-day and 20-day exponential moving averages. The fund invests 100% in Bitcoin futures when the 10-day EMA exceeds the 20-day EMA, signaling upward momentum, and shifts entirely to short-term U.S. Treasuries during downward trends to mitigate volatility; it does not hold bitcoin directly and maintains collateral in cash equivalents or debt securities. Launched originally on March 20, 2023, as the Bitwise Bitcoin Strategy Optimum Roll ETF, BITC converted to its current Trendwise strategy around December 3, 2024, as part of Bitwise Asset Management's broader initiative to apply momentum-based rotations across three crypto futures ETFs, including name changes and no alterations to expense ratios (net 0.88%-0.90%) or tax treatments. Bitwise Asset Management, the fund's investment adviser founded in 2017 and headquartered in San Francisco with additional offices in New York and London, manages BITC as part of a suite exceeding 30 crypto-focused products serving institutional investors, RIAs, family offices, and financial institutions across the United States and globally; recent firm developments include the 2024 launches of spot Bitcoin and Ethereum ETPs, acquisition of European provider ETC Group, purchase of staking firm Attestant, and filings for additional ETPs like spot XRP.