BITB Stock Summary and Trading Ideas (Bitwise Bitcoin ETF | ARCA:BITB)

The Trust's investment objective is to seek to provide exposure to the value of bitcoin held by the Trust, less the expenses of the Trust's operations and other liabilities. In seeking to achieve its investment objective, the Trust will hold bitcoin and establish its net asset value ("NAV") by reference to the CME CF Bitcoin Reference Rate - New York Variant ("BRRNY"). BITB provides low-cost access to bitcoin through a traditional, professionally managed ETF. Backed by Bitwise's specialist expertise, deep research, and six-year track record managing crypto assets for leading institutional investors, the fund invests directly in bitcoin and is easily accessible from a brokerage account.

Bitwise Bitcoin ETF trades on the ARCA stock market under the symbol BITB.

As of March 23, 2026, BITB stock price climbed to $38.38 with 2,140,665 million shares trading.

BITB has a beta of 0.50, meaning it tends to be less sensitive to market movements. BITB has a correlation of 0.05 to the broad based SPY ETF.

BITB has a market cap of $2.74 billion. This is considered a Mid Cap stock.

BITB has underperformed the market in the last year with a return of -16.2%, while the SPY ETF gained +17.9%. In the last 3 month period, BITB fell short of the market, returning -19.7%, while SPY returned -3.4%. However, in the most recent 2 weeks BITB has outperformed the stock market by returning +3.8%, while SPY returned -2.3%.

BITB support price is $36.89 and resistance is $39.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BITB shares will trade within this expected range on the day.