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BTOP
-3.34 · -10.31%
$29.06 · NYSE

Bitwise Funds Trust (BTOP) ETF Analysis | Digital Assets

Bitwise Investments · USA
AUM:$4.5M
#– of – in Digital Assets ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 18.9% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.85% — above average for this category.

What is BTOP?

The fund advisor seeks to achieve the fund's investment objective through managed exposure to bitcoin futures contracts and ether futures contracts ("Ether Futures Contracts," and with Bitcoin Futures Contracts, "Bitcoin and Ether Futures Contracts") and U. Under normal market conditions, the fund will invest at least 80% of its assets in Bitcoin and Ether Futures Contracts and U.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Strong Recent Performance
BTOP delivered 18.9% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.85% is above average. Verify whether the strategy justifies the cost.
Broadly Diversified
Top 10 holdings represent just 10.5% of the ETF — exposure spread across many positions.
ETF Information
AUM$4.5M
Expense Ratio0.85%
Dividend Yield2.42%
Holdings1
Inception DateSept 2023
Domicile–
Distribution–
Index–
ProviderBitwise Investments
Beta–
CategoryDigital Assets
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-7.9%
1Y
-10.6%
3Y
+93.1%
5Y
+93.1%
OpenBook InsightIf you had invested £10,000 in BTOP 5 years ago, it would have grown to £19,308 — a gain of £9,308.

Annual Returns

Calendar year performance

BTOP delivered positive returns in 2 of the last 4 calendar years.
YearBTOP
2026 YTD-0.0%
2025-16.2%
2024+55.1%
2023+41.7%
CAGR 3yr+22.6%
2/4 positive yearsAvg return: +20.1%Worst year: -16.2% (2025)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
0%
Negative
Volatility
28.6%
Moderate
Momentum
+1.4%
30-day change
Support Level
28.71
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Monitor key support and resistance levels as part of broader risk assessment.
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