- ISIN
- US09175C1036
- CUSIP
- 09175C103
- Issuer
- Bitwise
- Inception Date
- May 11, 2021
- Region
- North America (United States)
- Category
- Blockchain, Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bitwise Crypto Innovators 30 Index
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $465M
Share Price Chart
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Performance
BITQ Performance Chart
Bitwise Crypto Industry Innovators ETF (BITQ) is up 38.2% since the beginning of the year. BITQ is currently trading at $28 per share. Investors who bought $1,000 worth of BITQ shares 5 years ago would now be looking at an investment worth $1,317.
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Returns By Period
Bitwise Crypto Industry Innovators ETF (BITQ) has returned 38.23% so far this year and 53.06% over the past 12 months.
Bitwise Crypto Industry Innovators ETF
- 1D
- -1.15%
- 1M
- 2.72%
- YTD
- 38.23%
- 6M
- 26.55%
- 1Y
- 53.06%
- 3Y*
- 54.38%
- 5Y*
- 5.66%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BITQ Monthly Returns History
Based on dividend-adjusted daily data since May 12, 2021, BITQ's average daily return is +0.10%, while the average monthly return is +2.29%. At this rate, an investment would double in approximately 2.6 years.
Historically, 56% of months were positive and 44% were negative. The best month was Jan 2023 with a return of +62.0%, while the worst month was Jun 2022 at -37.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BITQ closed higher 49% of trading days. The best single day was Nov 6, 2024 with a return of +16.5%, while the worst single day was May 9, 2022 at -16.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.27% | -7.18% | -4.07% | 26.09% | 20.31% | -3.70% | 38.23% | ||||||
| 2025 | 7.46% | -17.25% | -19.17% | 13.01% | 17.20% | 22.64% | 3.40% | 0.25% | 22.65% | 12.52% | -16.77% | -15.12% | 18.00% |
| 2024 | -23.04% | 29.37% | 14.04% | -21.81% | 16.03% | 12.90% | 2.15% | -10.97% | 8.73% | 12.53% | 40.07% | -18.93% | 46.97% |
| 2023 | 61.95% | -2.73% | 9.93% | 10.22% | 9.12% | 14.02% | 24.84% | -24.28% | -11.96% | 3.58% | 19.02% | 42.34% | 246.83% |
| 2022 | -25.23% | 5.67% | 4.46% | -32.01% | -25.19% | -37.07% | 42.16% | -4.44% | -14.99% | -4.21% | -28.83% | -22.43% | -83.86% |
| 2021 | -8.92% | 7.34% | -5.23% | 13.25% | -15.88% | 30.29% | 3.44% | -26.00% | -11.98% |
Benchmark Metrics
Bitwise Crypto Industry Innovators ETF has an annualized alpha of -5.24%, beta of 2.40, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since May 12, 2021.
- This ETF captured 292.53% of S&P 500 Index gains and 216.12% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.36 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -5.24%
- Beta
- 2.40
- R²
- 0.36
- Upside Capture
- 292.53%
- Downside Capture
- 216.12%
Expense Ratio
BITQ has an expense ratio of 0.85%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BITQ ranks 26 for risk / return — below 26% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BITQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.37 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.78 | -1.60 |
| Martin ratioReturn relative to average drawdown | 2.48 | 12.44 | -9.96 |
Dividends
Dividend History
Bitwise Crypto Industry Innovators ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.15 | $0.18 | $0.00 | $0.66 |
Dividend yield | 0.00% | 0.00% | 0.90% | 1.51% | 0.00% | 3.12% |
Monthly Dividends
The table displays the monthly dividend distributions for Bitwise Crypto Industry Innovators 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 | $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 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.66 | $0.66 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Bitwise Crypto Industry Innovators 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 Crypto Industry Innovators ETF was 90.32%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Bitwise Crypto Industry Innovators ETF drawdown is 15.02%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -90.32%Dec 2022 | 1y 1mo | — | 4y 7moNov 2021 - now |
2021 bear market2021 | -23.77%Jul 2021 | 2mo 8d | 17d | 2mo 25dMay 2021 - Aug 2021 |
2021 bear market2021 | -23.44%Sep 2021 | 22d | 29d | 1mo 21dSep 2021 - Oct 2021 |
2021 correction2021 | -13.43%Aug 2021 | 8d | 16d | 24dAug 2021 - Sep 2021 |
2021 pullback2021 | -0.13%Nov 2021 | 0s | 1d | 1dNov 2021 - Nov 2021 |
Drawdown Indicators
| BITQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.32% | -56.78% | -33.54% |
Max Drawdown (1Y)Largest decline over 1 year | -44.99% | -9.10% | -35.89% |
Max Drawdown (3Y)Largest decline over 3 years | -51.22% | -18.90% | -32.32% |
Max Drawdown (5Y)Largest decline over 5 years | -90.32% | -25.43% | -64.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -15.02% | -1.80% | -13.22% |
Average DrawdownAverage peak-to-trough decline | -52.55% | -10.71% | -41.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.49% | 2.03% | +19.46% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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