Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Bitwise Bitcoin Strategy Optimum Roll ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) has returned -0.11% so far this year and -9.37% over the past 12 months.
Bitwise Bitcoin Strategy Optimum Roll ETF
- 1D
- 0.24%
- 1M
- 0.20%
- YTD
- -0.11%
- 6M
- -16.94%
- 1Y
- -9.37%
- 3Y*
- 30.50%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Mar 21, 2023, BITC's average daily return is +0.15%, while the average monthly return is +3.24%. At this rate, your investment would double in approximately 1.8 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2024 with a return of +66.9%, while the worst month was Apr 2024 at -18.6%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, BITC closed higher 52% of trading days. The best single day was Nov 6, 2024 with a return of +33.3%, while the worst single day was Aug 5, 2024 at -17.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.77% | 0.46% | 0.20% | -0.11% | |||||||||
| 2025 | -6.23% | 0.19% | -6.67% | 3.70% | 10.43% | -4.57% | 8.20% | -4.09% | -3.79% | -10.16% | 0.21% | -7.65% | -20.46% |
| 2024 | -0.97% | 45.65% | 7.44% | -18.64% | 21.90% | -11.68% | 2.07% | -16.64% | 5.52% | 3.14% | 66.86% | -5.66% | 97.86% |
| 2023 | 0.66% | 1.87% | -8.26% | 12.35% | -5.24% | -11.25% | 2.35% | 28.09% | 9.75% | 11.26% | 42.29% |
Benchmark Metrics
Bitwise Bitcoin Strategy Optimum Roll ETF has an annualized alpha of 25.52%, beta of 0.86, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since March 22, 2023.
- This ETF captured 130.17% of S&P 500 Index gains but only 63.57% of its losses — a favorable profile for investors.
- R² of 0.07 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 25.52%
- Beta
- 0.86
- R²
- 0.07
- Upside Capture
- 130.17%
- Downside Capture
- 63.57%
Expense Ratio
BITC has an expense ratio of 0.88%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BITC ranks 6 for risk / return — in the bottom 6% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) and compare them to a chosen benchmark (S&P 500 Index).
| BITC | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.35 | 0.90 | -1.25 |
Sortino ratioReturn per unit of downside risk | -0.33 | 1.39 | -1.71 |
Omega ratioGain probability vs. loss probability | 0.95 | 1.21 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | -0.40 | 1.40 | -1.80 |
Martin ratioReturn relative to average drawdown | -0.65 | 6.61 | -7.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore BITC risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Bitwise Bitcoin Strategy Optimum Roll ETF provided a 3.37% dividend yield over the last twelve months, with an annual payout of $1.23 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.23 | $1.23 | $20.22 | $1.99 |
Dividend yield | 3.37% | 3.36% | 42.68% | 5.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Bitwise Bitcoin Strategy Optimum Roll ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $1.23 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $20.22 | $20.22 |
| 2023 | $1.99 | $1.99 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Bitwise Bitcoin Strategy Optimum Roll ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Bitwise Bitcoin Strategy Optimum Roll ETF was 38.51%, occurring on Sep 6, 2024. Recovery took 46 trading sessions.
The current Bitwise Bitcoin Strategy Optimum Roll ETF drawdown is 31.35%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.51% | Mar 14, 2024 | 122 | Sep 6, 2024 | 46 | Nov 11, 2024 | 168 |
| -31.89% | Dec 18, 2024 | 274 | Jan 23, 2026 | — | — | — |
| -23.08% | Jul 14, 2023 | 41 | Sep 11, 2023 | 31 | Oct 24, 2023 | 72 |
| -17.33% | Apr 14, 2023 | 44 | Jun 15, 2023 | 5 | Jun 23, 2023 | 49 |
| -17.27% | Jan 12, 2024 | 8 | Jan 24, 2024 | 13 | Feb 12, 2024 | 21 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...