Is BITB an investment company?

BITB is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”). As a result, shareholders of BITB do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act. * For the 10 years ending March 31, 2024, Bitcoin returned 15,485.83%.

How much does BITB cost?

BITB’s management fee is among the lowest of all spot bitcoin ETFs at 0.20%,¹ with the fee set to 0% for the first six months on the first $1 billion in assets. (Other expenses, such as commission expenses and brokerage fees, may still apply.)

Should you invest in BITB (BitB) or an ETF?

BITB’s launch is a long-anticipated moment for bitcoin investors, who appreciate the ease and efficiency of the ETF vehicle. According to the sixth annual Bitwise/VettaFi 2023 Benchmark Survey, an ETF is the preferred method of investing in bitcoin and crypto for 64% of advisors.