{
 "ticker": "BITQ",
 "name": "Bitwise Crypto Industry Innovators ETF",
 "issuer": "Bitwise",
 "desk": "themes",
 "url": "https://etfiq.com/funds/bitq",
 "html": "https://etfiq.com/funds/bitq",
 "markdown": "https://etfiq.com/funds/bitq.md",
 "as_of": "2026-09-11",
 "verdict": "BITQ holds 30 stocks, and 81% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "18.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BITQ, already in the S&P 500: 18.8%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BITQ, active share vs the S&P 500: 97.7%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "63.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BITQ, top ten holdings: 63.2%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+16.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BITQ, total return, 1 year: +16.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$447m",
   "source": "issuer page, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "BITQ, net assets: $447m (issuer page, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Jul 28, 2025",
   "as_of": "2026-09-11",
   "sentence": "BITQ, expense ratio: 0.85% (485BPOS XBRL, Jul 28, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Blockchain and crypto equities",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "May 12, 2021",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "18.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.7%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "11.4%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.2%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "63.2%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "30",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 30, 2025",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "IREN LIMITED 12.6%, COINBASE GLOBAL, INC. 9.2%, STRATEGY INC 8.7%, APPLIED DIGITAL CORPORATION 5.3%, CLEANSPARK, INC. 5.0%, RIOT PLATFORMS, INC. 4.8%, MARA HOLDINGS, INC. 4.6%, CORE SCIENTIFIC, INC. 4.6%, CIPHER MINING INC. 4.2%, TERAWULF INC. 4.2%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$447m",
   "source": "issuer page, as of Sep 10, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221220.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Jul 28, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.87%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "DAPP 60%, BKCH 55%, FDIG 50%, STCE 49%, MNRS 49%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22123.6%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22126.9 pts",
   "Gap to Nasdaq-100": "\u22122.8 pts"
  },
  {
   "window": "6 months",
   "Total return": "+26.3%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+10.2 pts",
   "Gap to Nasdaq-100": "+5.6 pts"
  },
  {
   "window": "1 year",
   "Total return": "+16.5%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u22121.0 pts",
   "Gap to Nasdaq-100": "\u22126.5 pts"
  },
  {
   "window": "3 years",
   "Total return": "+268.5%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+190.6 pts",
   "Gap to Nasdaq-100": "+173.4 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+17.1%",
   "S&P 500": "+102.4%",
   "Gap to S&P 500": "\u221285.3 pts",
   "Gap to Nasdaq-100": "\u2212115.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of BITQ is in S&P 500 companies?",
   "a": "By its holdings filed for Sep 30, 2025, 19% of BITQ by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does BITQ hold?",
   "a": "30 positions as filed for Sep 30, 2025, with the top ten at 63% of the fund. The largest are IREN LIMITED at 12.6%, COINBASE GLOBAL, INC. at 9.2%, STRATEGY INC at 8.7%."
  },
  {
   "q": "Has BITQ beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 BITQ returned +16.5% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 1.0 points."
  },
  {
   "q": "What does BITQ cost?",
   "a": "The prospectus expense ratio is 0.85% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.87%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}