Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that provides investors with targeted exposure to the blockchain and Bitcoin sectors through a combination of equity securities and futures contracts. The ETF invests primarily in companies involved in blockchain technology development, digital asset mining, cryptocurrency exchanges, and related financial services; it also allocates to Bitcoin futures contracts traded on the CME Group exchanges, including front-month and calendar spread positions to manage roll costs and volatility. BITS employs an active management strategy to optimize its portfolio for potential growth in the digital asset ecosystem while mitigating risks associated with direct cryptocurrency holdings.
Launched in 2022 by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments Co., Ltd., the fund is headquartered in New York, USA, and operates globally with listings on major U.S. exchanges such as the Nasdaq. The fund targets institutional and retail investors seeking diversified access to the burgeoning blockchain industry, which spans North America, Europe, and Asia-Pacific regions where key holdings like Coinbase Global, Inc., MicroStrategy Incorporated, and Marathon Digital Holdings, Inc., conduct operations. As of late 2025, BITS maintains assets under management exceeding $500 million, reflecting sustained investor interest amid Bitcoin's price appreciation and regulatory advancements in cryptocurrency markets.
In the past year, the ETF underwent a strategic evolution with the launch of enhanced Bitcoin futures exposure in response to SEC approvals for spot Bitcoin ETFs, enabling better tracking of cryptocurrency price movements; it also announced a partnership with Mirae Asset's international arms to expand distribution in Asia. Global X completed a minor ticker adjustment and prospectus update in Q3 2025 to incorporate big data analytics for portfolio selection, alongside a seed capital infusion from institutional partners boosting AUM by 25%. These changes position BITS for increased liquidity and appeal amid the Trump administration's pro-crypto policies post-2024 reelection.