Bitwise Bitcoin ETF (BITB)Digital Assets | Exchange Traded Fund | NYSEArca
42.09 USD
-1.30
(-2.996%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 42.17 +0.08 (0.178%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:27 a.m. EDT
The immediate outlook is driven by a powerful speculative surge rather than traditional corporate growth. In the last two weeks, the price has rallied nearly 20%, surging from the mid-$30s to close near $42, decisively breaking above its 50-day moving average. This momentum is confirmed by the options market, where traders are building substantial call walls at $50 and $60 while ignoring downside protection, suggesting a consensus bet on further Bitcoin-driven gains. However, the long-term investment case remains neutral because this is a passive vehicle tracking a volatile asset class with no intrinsic earnings, dividends, or management team to generate independent value. The recent price spike reflects market sentiment on Bitcoin, not a fundamental improvement in the ETF's structure or fee profile. While the short-term trend is clearly bullish, investors should view this as a high-volatility momentum play rather than a stable long-term holding. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.122978 |
| AutoETS | 0.123509 |
| AutoARIMA | 0.123996 |
| AutoTheta | 0.126131 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 0.79 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.197 |
| Excess Kurtosis | -0.12 |
As of Aug. 22, 2026, 4:27 a.m. EDT: Speculators are aggressively positioning for upside, evidenced by massive open interest walls at $50 and $60 strikes and significant new volume flow into out-of-the-money calls for September and January expirations. Conversely, put activity is concentrated in deep out-of-the-money strikes ($30-$31) with negligible open interest at protective levels, indicating a lack of hedging demand and a speculative bias toward continued appreciation.
| Attribute | Value |
|---|---|
| All Time High | 68.74 |
| All Time Low | 21.05 |
| Ask | 42.08 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 1,831,970 |
| Average Daily Volume3 Month | 1,552,361 |
| Average Volume | 1,552,361 |
| Average Volume10Days | 1,831,970 |
| Beta3 Year | 0.0 |
| Bid | 42.07 |
| Bid Size | 900 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 43.36 |
| Day Low | 41.725 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 35.3744 |
| Fifty Day Average Change | 6.715599 |
| Fifty Day Average Change Percent | 0.18984348 |
| Fifty Two Week Change Percent | -27.995354 |
| Fifty Two Week High | 68.74 |
| Fifty Two Week High Change | -26.649998 |
| Fifty Two Week High Change Percent | -0.38769272 |
| Fifty Two Week Low | 31.49 |
| Fifty Two Week Low Change | 10.6 |
| Fifty Two Week Low Change Percent | 0.33661482 |
| Fifty Two Week Range | 31.49 - 68.74 |
| First Trade Date Milliseconds | 1,704,983,400,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -1.3 |
| Fullday Change Percent | -2.99608 |
| Fullday Price | 42.165 |
| Fund Family | Bitwise Investments |
| Fund Inception Date | 1,704,844,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-01-11 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | In seeking to achieve its investment objective, the will trust will hold bitcoin and accrue the sponsor’s management fee (the “Sponsor Fee”) in U.S. dollars. The trust will value its bitcoin holdings, net assets and the shares daily based on the BRRNY. It is passively managed and does not pursue active management investment strategies, and the Sponsor does not actively manage the bitcoin held by the trust. |
| Long Name | Bitwise Bitcoin ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_597932953 |
| Nav Price | 42.568 |
| Net Assets | 2,329,154,300.0 |
| Net Expense Ratio | 0.2 |
| Open | 42.97 |
| Post Market Change | 0.07500076 |
| Post Market Change Percent | 0.17819141 |
| Post Market Price | 42.165 |
| Post Market Time | 1,787,961,304 |
| Previous Close | 43.39 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.3 |
| Regular Market Change Percent | -2.99608 |
| Regular Market Day High | 43.36 |
| Regular Market Day Low | 41.725 |
| Regular Market Day Range | 41.725 - 43.36 |
| Regular Market Open | 42.97 |
| Regular Market Previous Close | 43.39 |
| Regular Market Price | 42.09 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,333,144 |
| Short Name | Bitwise Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITB |
| Total Assets | 2,329,154,304 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.64989 |
| Trailing Three Month Returns | -17.64989 |
| Triggerable | 1 |
| Two Hundred Day Average | 40.9376 |
| Two Hundred Day Average Change | 1.152401 |
| Two Hundred Day Average Change Percent | 0.028150184 |
| Type Disp | ETF |
| Volume | 2,333,144 |
| Yield | 0.0 |
| Ytd Return | -27.97707 |