Bitwise 10 Crypto Index Fund (BITW) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 2.60: the stock has moved about 160% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerBitwise 10 Crypto Index Fund (BITW) trades at $56.36. Bitwise 10 Crypto Index Fund (BITW) provides investors exposure to the top 10 cryptocurrencies by market capitalization through a traditional investment vehicle. Sector: Financials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for BITW: BITW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Bitwise 10 Crypto Index Fund (BITW) Financial Services Profile
Bitwise 10 Crypto Index Fund (BITW) offers a market-cap-weighted portfolio of the top 10 cryptocurrencies, providing investors with diversified exposure to the crypto market through a traditional brokerage account. The fund is rebalanced monthly and aims to track the performance of leading digital assets while adhering to security and risk management protocols.
What Is the Investment Thesis for BITW?
The Bitwise 10 Crypto Index Fund (BITW), with a market cap of $0.94 billion and a beta of 2.60, presents a compelling avenue for investors seeking exposure to the cryptocurrency market through a traditional investment vehicle. BITW's value is primarily driven by the performance of the underlying cryptocurrencies it tracks, offering diversification across the top 10 digital assets by market capitalization. Growth catalysts include increasing institutional and retail adoption of cryptocurrencies, regulatory clarity that could legitimize the asset class further, and technological advancements within the blockchain space. However, potential risks include market volatility inherent in cryptocurrencies, regulatory uncertainty, and competition from other crypto investment products. The fund's monthly rebalancing ensures it remains aligned with the market's composition, but this also introduces transaction costs that could impact returns.
Based on FMP financials and quantitative analysis
BITW Key Highlights
Market Cap of $0.94B, indicating substantial investor interest and fund size within the cryptocurrency investment space.
- Beta of 2.60, reflecting the fund's high volatility compared to the broader market, typical for cryptocurrency-related investments.
- Tracks the top 10 cryptocurrencies by market capitalization, offering diversified exposure to the leading digital assets.
- Monthly rebalancing ensures the fund remains aligned with the current cryptocurrency market composition.
- Provides a traditional investment vehicle for accessing the cryptocurrency market, simplifying the investment process for many investors.
Who Are BITW's Competitors?
BITW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BCHG Grayscale Bitcoin Cash Trust | $2.32 | +0.09% | $73.8M | — |
| ETHE Grayscale Ethereum Staking ETF | $21.43 | -1.20% | $2.49B | — |
| GBTC Grayscale Bitcoin Trust ETF | $65.89 | +1.21% | $45.6B | — |
| GDLC Grayscale CoinDesk Crypto 5 ETF | $38.68 | -0.39% | $526M | — |
| LTCN Grayscale Litecoin Trust | $5.38 | +0.37% | $130M | — |
| CLSK CleanSpark, Inc. | $12.74 | +1.76% | $3.27B | — |
| CNCK Coincheck Group N.V. | $1.42 | -1.39% | $193M | — |
| SLMT Brera Holdings PLC | $4.24 | -2.08% | $35.6M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BITW's Key Strengths?
Diversified exposure to the top 10 cryptocurrencies.
- Traditional investment vehicle accessible through brokerage accounts.
- Monthly rebalancing to maintain market-cap weighting.
- Established brand in the cryptocurrency investment space.
What Are BITW's Weaknesses?
High volatility due to the inherent nature of cryptocurrencies.
- Management fees can impact overall returns.
- Dependent on the performance of the underlying cryptocurrencies.
- Subject to regulatory uncertainty in the cryptocurrency market.
What Are the Key Risks for BITW?
High volatility and price fluctuations in the cryptocurrency market.
- Regulatory changes and potential restrictions on cryptocurrency investments.
- Security risks and potential hacks or breaches in the cryptocurrency market.
- Competition from other crypto investment products with lower fees or different investment strategies.
- Market sentiment and investor confidence in the cryptocurrency market.
What Are BITW's Competitive Advantages?
- First-mover advantage in offering a diversified crypto index fund.
- Established brand recognition and reputation in the cryptocurrency investment space.
- Expertise in cryptocurrency market analysis and portfolio management.
- Regulatory compliance and adherence to traditional investment standards.
What Does BITW Do?
Bitwise 10 Crypto Index Fund (BITW) was created to provide investors with a simple and secure way to gain exposure to the cryptocurrency market. Founded on the principle of democratizing access to digital assets, Bitwise Asset Management launched BITW to track the performance of the 10 largest cryptocurrencies by market capitalization. The fund is designed to offer the diversification benefits of a broad crypto portfolio within a traditional investment vehicle. BITW shares are tradable in brokerage accounts, allowing investors to easily buy and sell shares like any other exchange-traded product. The fund rebalances its holdings monthly to maintain its market-cap weighting and ensure it continues to accurately reflect the top cryptocurrencies. By screening and monitoring for certain risks, BITW aims to provide a more secure and regulated investment option compared to directly holding cryptocurrencies. The fund's objective is to track an index comprised of the 10 most highly valued cryptocurrencies, making it a convenient option for investors seeking exposure to the overall crypto market without the complexities of managing individual digital assets.
What Products and Services Does BITW Offer?
- Tracks the performance of the top 10 cryptocurrencies by market capitalization.
- Provides investors with diversified exposure to the cryptocurrency market.
- Offers a traditional investment vehicle for accessing digital assets.
- Rebalances its portfolio monthly to maintain market-cap weighting.
- Screens and monitors for certain risks associated with cryptocurrencies.
- Allows investors to trade shares in brokerage accounts using the ticker BITW.
How Does BITW Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM fluctuates based on the performance of the underlying cryptocurrencies and investor inflows/outflows.
- Rebalances portfolio monthly, incurring transaction costs that are factored into the fund's expenses.
What Industry Does BITW Operate In?
The Bitwise 10 Crypto Index Fund operates within the rapidly evolving cryptocurrency asset management industry. This sector has seen significant growth, driven by increasing institutional and retail interest in digital assets. The competitive landscape includes other index funds, ETFs, and direct cryptocurrency ownership. BITW differentiates itself by offering a market-cap-weighted approach to the top 10 cryptocurrencies, providing diversification within a single investment vehicle. The industry is subject to regulatory developments, technological advancements, and market volatility, all of which can significantly impact the performance of funds like BITW.
Who Are BITW's Key Customers?
- Retail investors seeking exposure to the cryptocurrency market.
- Institutional investors looking for a diversified crypto investment product.
- Financial advisors allocating client portfolios to digital assets.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 44 |
| 2026-08-31 | 44 |
| 2026-09-08 | 44 |
| 2026-09-16 | 44 |
| 2026-09-24 | 44 |
| 2026-10-04 | 44 |
What changed?
The score has stayed at 44.
Over the same 30 days the stock moved +6.7%.
BITW Financials
Bull Case vs Bear Case
Bull Case
- Diversified exposure to the top 10 cryptocurrencies.
- Traditional investment vehicle accessible through brokerage accounts.
- Monthly rebalancing to maintain market-cap weighting.
- Established brand in the cryptocurrency investment space.
Bear Case
- High volatility due to the inherent nature of cryptocurrencies.
- Management fees can impact overall returns.
- Dependent on the performance of the underlying cryptocurrencies.
- Subject to regulatory uncertainty in the cryptocurrency market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
BITW Latest News
No recent news available for BITW.
BITW Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for BITW.
Price Targets
Wall Street price target analysis for BITW.
BITW MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for BITW; grades run from A+ (80-100) to F (below 30).
BITW Financials Stock FAQ
What do analysts say about BITW stock?
However, the fund's performance is closely tied to the overall cryptocurrency market sentiment and the performance of its underlying assets. Key valuation metrics to consider include the fund's net asset value (NAV), expense ratio, and tracking error.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The cryptocurrency market is highly volatile and subject to rapid changes.
- Regulatory developments could significantly impact the fund's performance.
- Past performance is not indicative of future results.