Bitwise Bitcoin ETF offers pure Bitcoin exposure currently facing a 44% drawdown from its all-time high. BITB is in a pronounced downtrend, driven by macro 'Risk-Off + Stagflation' conditions and ...
BITB holds Bitcoin directly with a 0.20% expense ratio and $3.6B in assets under management. Bitcoin dropped 19% from its November peak above $107K to around $87K. BITB fell 6.5% year-to-date.
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