Bitwise ETF snapshot
The Bitwise Bitcoin ETF Trust closed at $40.18, trading inside a 52‑week range of $33.81 to $68.74 — a snapshot that underscores ongoing crypto ETF volatility. The note also flagged the Grayscale Bitcoin Mini Trust as the newest vehicle in the ETF lineup. (247wallst.com)
Bitwise’s BITB sits at roughly $2.76 billion in assets under management, making it the smallest of the five largest U.S. spot‑Bitcoin ETFs covered in the March 17 roundup. (247wallst.com) The fund carries a 0.20% management fee — one of the lowest among approved spot Bitcoin ETFs — with Bitwise having marketed an initial fee waiver on the first $1 billion for six months. (bitwiseinvestments.com) BITB began trading in January 2024 under the ticker BITB, and the trust uses Coinbase Custody Trust Company as its digital‑asset custodian while naming BNY Mellon as administrator and KPMG as auditor. (businesswire.com) When creating and redeeming shares, the trust transacts in baskets of 10,000 shares and measures NAV against the CME CF Bitcoin Reference Rate (BRRNY). (sec.gov) Grayscale’s Bitcoin Mini Trust ETF (ticker BTC) launched July 31, 2024 on NYSE Arca and carries a sponsor fee of 0.15% according to Grayscale’s fund materials and industry coverage. (etfs.grayscale.com) Grayscale seeded the Mini Trust from legacy GBTC holdings (roughly a 10% carve‑out), and the vehicle reached about $4 billion in AUM within approximately six months of launch; U.S. spot Bitcoin ETFs collectively held roughly $91 billion as of March 2026. (spark.money)
