
Bitwise Bitcoin ETF (BITB) Estimated Holdings is the sum of BTC balances attributed to the fund within the tracked wallet set. It estimates the underlying bitcoin quantity in BTC, rather than the market value of ETF shares or dollar assets under management.
A rise indicates more underlying BTC in the estimated fund balance; a decline indicates less. BITB’s recorded high was about 43,143 BTC on November 25, 2024, while the 2025 high was lower at about 42,814 BTC, showing that growth in coin holdings need not track a rising bitcoin price.
Creations and redemptions can change the balance, but settlement timing, expenses and wallet attribution also matter. Trading existing ETF shares between investors does not itself add BTC to the fund. Early tiny or zero readings belong to the tracked history and should not be read as a full account of launch funding.
No. This chart counts BTC. Multiplying by a contemporaneous BTC price gives an approximate gross bitcoin value, while reported net assets may also reflect cash, expenses and valuation timing.
A trade between existing shareholders transfers shares without necessarily changing the fund’s underlying BTC. Changes to outstanding shares through creations or redemptions are the more relevant mechanism.
The tracked series begins in early January 2024 with tiny and zero balances. Those observations reflect the wallet history available to this estimate and do not establish the fund’s full capitalization on those dates.