BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF

A registered fund holding Treasuries and cash, out of Bitcoin for now. It trades like a share.Bitwise0.88% fee$14m on Oct 19, 2026First traded Mar 21, 2023SEC filings ↗Every Bitwise fund ETFIQ coversDividend history

Over the year to Oct 20, 2026, BITC lost 7.6%, against −25.6% for bitcoin.

−7.6%
Total return, 1 year
−25.6%
Bitcoin over the same days
+24.1%
Difference against Bitcoin, compounded
900
Days it has traded

No Coin Capture Score.

Why

BITC has the figure, but its set, crypto futures and strategy ETFs with a full year, has 7 funds, under the twelve a percentile needs. A fund outside a ranked set has no score rather than a low one. All crypto ETFs ranked by it · How it is computed

Ask IQ about this page

Ask IQ about BITC

Answers cite the figures on this page.

Get BITC's fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

BITC returns by window: total return, cash paid and price change
WindowTotal returnBitcoinDifference, percentage points
1M Sep 18 – Oct 20, 2026−5.5%+1.6%−7.1 pts
3M Jul 21 – Oct 20, 2026−0.6%+24.2%−20.0% of its growth
6M Apr 21 – Oct 20, 2026−1.5%+10.0%−10.4% of its growth
YTD Dec 31, 2025 – Oct 20, 2026+3.2%−5.7%+8.9 pts
1Y Oct 20, 2025 – Oct 20, 2026−7.6%−25.6%+24.1% of its growth
3Y Oct 20, 2023 – Oct 20, 2026+127.9%+178.9%−18.3% of its growth
Since launch Mar 21, 2023 – Oct 20, 2026+130.9%+192.3%−21.0% of its growth
Since launch, annualised Mar 21, 2023 – Oct 20, 2026+26.3%––

Total return at closing prices, distributions reinvested. Year to date runs from the last close of the year before. Annualised is the steady yearly rate that gives the since-launch total over the same days. Source: ETFIQ.

Source: Tiingo end-of-day prices, with distributions reinvested. Data as of Oct 20, 2026. Updated every trading night. Last checked Oct 21, 2026. Report a data error

Money in and out

Daily figures · as of Oct 19, 2026

BITC: in the 2 trading days to Oct 19, 2026, nothing net moved.

12 months
−$2.2m
−10.9% of $20.4m on Jun 30, 2025
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
3 years
+$19.0m
2,836.7% of $671k on Jun 30, 2023
Jul 1, 2023 to Jun 30, 2026
monthly, from SEC filings
Jan 2023 to Jun 2026
+$19.7m
Jan 1, 2023 to Jun 30, 2026
monthly, from SEC filings
Net flow each trading day
Net flow into BITC each trading day, Jul 23, 2026 to Oct 20, 2026monthly, from SEC filingsdaily, from BitwiseJul 23, 2026Oct 20, 2026

BITC, net flow each trading day over the 63 sessions from Jul 23, 2026 to Oct 20, 2026: money came in on 0 days and went out on 0 days, of the 1 day with a daily figure; the other 62 have none. Before Oct 19, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. Daily figures for 1 of 63 trading days; none for 62.

Net flow into BITC each trading day, Oct 20, 2025 to Oct 20, 2026monthly, from SEC filingsdaily, from BitwiseOct 20, 2025Oct 20, 2026

BITC, net flow each trading day over the 252 sessions from Oct 20, 2025 to Oct 20, 2026: money came in on 0 days and went out on 0 days, of the 1 day with a daily figure; the other 251 have none. Before Oct 19, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. Daily figures for 1 of 252 trading days; none for 251.

Net flow into BITC each trading day, Mar 19, 2025 to Oct 20, 2026monthly, from SEC filingsdaily, from BitwiseMar 19, 2025Oct 20, 2026

BITC, net flow each trading day over the 400 sessions from Mar 19, 2025 to Oct 20, 2026: money came in on 0 days and went out on 0 days, of the 1 day with a daily figure; the other 399 have none. Before Oct 19, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. Daily figures for 1 of 400 trading days; none for 399.

Money in, netMoney out, netMonthly basis

ETFIQ’s daily counts for BITC start Oct 19, 2026, so the 1 week, 1 month, 3 months, year to date and 1 year windows have no daily figure; the longer spans are from its SEC filings.

How this is computed

Computed by ETFIQ from Bitwise’s daily figures: each day’s change in shares outstanding times the previous day’s net asset value. Figures are net: money in less money out. Every day and month ETFIQ holds for BITC, back to Jan 2023, is in its flows file. Flows across every fund · How these flows are computed · Compare BITC with other funds in the flows tool

Every trading day, last 3 months1 day
Oct 19, 2026 $0 covers 2 trading days

Most recent first.

Week by week, last year1 week
Oct 19, 2026 $0 1 day

Net flow into BITC each week, Oct 19, 2026, most recent first, each week named by its last trading day with a figure. Computed by ETFIQ.

Month by month, money in and money outAug 2023 to Oct 2026

BITC, money in and money out each month from Aug 2023 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from BITC’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 36 months listed, money came in on net in 12 and went out in 8.

Every bar is from BITC’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 12 and went out in 8.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 19 to Oct 19$0$0$0
Jun 2026 SEC Form N-PORT$0$0$0
May 2026 SEC Form N-PORT$0$0$0
Apr 2026 SEC Form N-PORT+$92−$920k−$920k
Mar 2026 SEC Form N-PORT$0$0$0
Feb 2026 SEC Form N-PORT+$907k$0+$907k
Jan 2026 SEC Form N-PORT+$96−$965k−$964k
Dec 2025 SEC Form N-PORT+$2.8m−$1.8m+$942k
Nov 2025 SEC Form N-PORT+$102−$1.0m−$1.0m
Oct 2025 SEC Form N-PORT$0$0$0
Sep 2025 SEC Form N-PORT+$118−$1.2m−$1.2m
Aug 2025 SEC Form N-PORT$0$0$0
Jul 2025 SEC Form N-PORT$0$0$0
Jun 2025 SEC Form N-PORT$0$0$0
May 2025 SEC Form N-PORT+$111−$1.1m−$1.1m
Apr 2025 SEC Form N-PORT$0$0$0
Mar 2025 SEC Form N-PORT+$1.1m$0+$1.1m
Feb 2025 SEC Form N-PORT+$1.1m$0+$1.1m
Jan 2025 SEC Form N-PORT+$1.2m$0+$1.2m
Dec 2024 SEC Form N-PORT+$6.5m$0+$6.5m
Nov 2024 SEC Form N-PORT+$3.3m$0+$3.3m
Oct 2024 SEC Form N-PORT$0$0$0
Sep 2024 SEC Form N-PORT$0$0$0
Aug 2024 SEC Form N-PORT+$1.1m$0+$1.1m
Jul 2024 SEC Form N-PORT+$109−$1.1m−$1.1m
Jun 2024 SEC Form N-PORT$0$0$0
May 2024 SEC Form N-PORT$0$0$0
Apr 2024 SEC Form N-PORT+$1.3m−$1.3m+$253
Mar 2024 SEC Form N-PORT+$5.3m$0+$5.3m
Feb 2024 SEC Form N-PORT$0$0$0
Jan 2024 SEC Form N-PORT+$2.5m−$2.7m−$159k
Dec 2023 SEC Form N-PORT+$3.5m−$888k+$2.7m
Nov 2023 SEC Form N-PORT+$766k$0+$766k
Oct 2023 SEC Form N-PORT+$577k−$599k−$22k
Sep 2023 SEC Form N-PORT$0$0$0
Aug 2023 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily figures: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily figures; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Oct 19, 2026. Updated every trading night. Last checked Oct 21, 2026. Report a data error

BITC key stats

52-week high, daily closes to Oct 20, 2026 (ETFIQ)$42.28 on Sep 3, 2026
52-week low, daily closes to Oct 20, 2026 (ETFIQ)$35.45 on Jul 8, 2026
Close on Oct 20, 2026, within that range (ETFIQ)$37.6202, 32% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

About BITC

Doing it would read +18.0 pts, which is correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 124% of what holding the coin gave says exactly that. BITC is a registered investment company: it files a monthly N-PORT rather than a 10-K.
SponsorBitwise
HoldsTreasuries and cash, out of Bitcoin for now
Measured againstBitcoin at 4pm New York, the coin it reaches
Cash fund (N-PORT, Jun 30, 2026)7.4% of net assets
Other security (N-PORT, Jun 30, 2026)92.7% of net assets
Other assets less other liabilities (N-PORT, Jun 30, 2026)0.0% of net assets, from the filing’s own totals
Expense ratio (485BPOS XBRL)0.88%Report
Net assets (issuer page, as of Oct 19, 2026)$14mReport
Stakingthe chain has none, so no fund holding it can pay a staking yield
First tradedMar 21, 2023
Days traded900
Days it closed unchanged17
Quotedon an exchange, every trading day
Price$37.6202
How we measure
A holder gets exposure to Bitcoin without the fund holding the coin itself. Over the year to Oct 20, 2026, Bitcoin moved −25.6% and BITC returned −7.6%. That leaves it 24.1% ahead once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. That difference is mostly the strategy itself: what its options cost or paid, and the days it held Treasuries rather than Bitcoin, with the fee on top. It is the only figure on this page the sponsor does not publish itself.
Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. How these figures are computed

Questions people ask about BITC

Does BITC track Bitcoin?
Over the year to Oct 20, 2026 it returned −7.6% against Bitcoin’s −25.6%, which leaves it 24.1% ahead once both returns are compounded. That difference carries the fee and what the strategy did, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.
Does BITC stake?
BITC holds Treasuries and cash, out of Bitcoin for now rather than Bitcoin itself, so there is nothing for it to stake.
What is BITC?
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF, a fund registered under the Investment Company Act that holds Treasuries and cash, out of Bitcoin for now to reach Bitcoin, from Bitwise, first traded Mar 21, 2023. It files a monthly N-PORT listing what it holds.
Cite this pageCitation, APA and Markdown

ETFIQ, BITC, crypto ETFs, data as of Oct 20, 2026. https://etfiq.com/funds/bitc

Open BITC live on ETFIQ

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Tracking difference
The fund’s total return minus the coin’s over exactly the same days, in percentage points. The fee, the custody cost, the creation and redemption friction and whatever the market paid for the shares, all of it, in one number.
Spot
The fund holds the coin itself, through a custodian, rather than futures on it or shares in companies that own it. Only spot funds are in this category; the others are measured where they belong.
Sponsor
Who runs the fund. Most spot crypto ETFs are 1933 Act trusts rather than registered investment companies, so they have a sponsor rather than an adviser, and file a 10-K rather than an N-PORT.
Thinly quoted
A fund whose price sat unchanged on more than one trading day in twenty. Its quoted return is what somebody paid on the days anyone traded, which is not the same thing as what the fund did, so ETFIQ shows it and does not rank it against funds that trade.
Staking
Only proof of stake coins can be staked, so it exists for ether and Solana funds and cannot exist for a bitcoin one. Where a fund stakes, the yield and the sponsor’s share of it are terms in its own filings.
Embed this chart

Free to use with the credit link. Paste this where the chart should go; it updates every trading night.

BITC: BITC over 1 year: fund −7.61%, Bitcoin −25.57%, 24.13% ahead of Bitcoin, compounded. Figures to Oct 20, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/bitc"><img src="https://etfiq.com/assistant/api/embed/crypto/bitc.svg" alt="BITC: BITC over 1 year: fund −7.61%, Bitcoin −25.57%, 24.13% ahead of Bitcoin, compounded. Figures to Oct 20, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">BITC: BITC over 1 year: fund −7.61%, Bitcoin −25.57%, 24.13% ahead of Bitcoin, compounded. Figures to Oct 20, 2026. Data: <a href="https://etfiq.com/funds/bitc">ETFIQ</a></figcaption>
</figure>

How to embed ETFIQ charts

Get the weekly ETF note

Four ranked ETF lists in one email every Friday morning. The last note

Confirm from the link that arrives, and unsubscribe in one click. See Privacy.