Bitwise Crypto Industry Innovators ETF
BITQ
New York Stock Exchange Arca- -
USD
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- -
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 400 Montgomery Street, Suite 600 San Francisco CA United States of America 94104
- IPO Date
- May 12, 2021
- CIK
- 0001452937
- Website
- bitqetf.com
- Similar Companies
- Business
- Bitwise Crypto Industry Innovators ETF (NYSE Arca: BITQ) is an exchange-traded fund that seeks to track the Bitwise Crypto Industry Innovators 30 Index, providing investors with targeted exposure to pure-play public companies actively engaged in the cryptocurrency sector. The fund invests at least 80% of its net assets in securities comprising the index, which emphasizes Tier 1 companies deriving more than 75% of revenue from crypto-related activities such as brokerage services, mining solutions, financial services for crypto clientele, technology platforms, and analytics; it also includes up to 15% in Tier 2 large-cap firms with significant crypto-focused operations or substantial crypto asset holdings on their balance sheets. Launched on May 11, 2021, and listed on NYSE Arca, BITQ is managed under Exchange Traded Concepts Trust (with Bitwise Index Services, LLC as index sponsor and Bitwise Investment Manager, LLC providing expertise), distributed by SEI Investments Distribution Co., and custodied by Bank of New York Mellon, with an expense ratio of 0.85% and assets under management exceeding $364 million as of December 2025. The ETF targets institutional and retail investors seeking indirect crypto exposure without direct asset ownership, focusing on the "picks and shovels" infrastructure supporting bitcoin and broader cryptocurrency markets. In September 2025, BITQ shareholders approved a reorganization transitioning the fund from Exchange Traded Concepts Trust to Bitwise Funds Trust, completed around October 27, 2025, to streamline operations, enhance scale, and improve long-term investor value amid Bitwise Asset Management's growth to over $15 billion in client assets. This structural shift supports BITQ's quarterly rebalancing and aligns with Bitwise's expansion into additional crypto strategies, including new ETFs and separately managed accounts. Headquartered in San Francisco, California, through Bitwise Asset Management's operations, the fund draws on the firm's global presence in New York and London to serve diverse clients across North America, Europe, and emerging crypto markets.