ICRC
-7.71 · -21.77%
$27.70 · NYSE ARCA

Bitwise Funds Trust (ICRC) ETF Analysis | Derivative Income

Bitwise Investments · USA
AUM:$479,952
#– of – in Derivative Income 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

ICRC returned +0.0% over the past year, broadly in line with flat market conditions.

What is ICRC?

The fund is an actively managed ETF that seeks to provide current income while providing exposure to the share price of the Class A common stock of CRCL, subject to a limit on potential investment gains. The fund will invest at least 80% of its net assets plus borrowings in options contracts that utilize CRCL as the reference asset.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
ICRC returned 0.0% over the past year.
Broadly Diversified
Top 10 holdings represent just 16.1% of the ETF — exposure spread across many positions.
ETF Information
AUM$479,952
Expense Ratio0.00%
Dividend Yield0.00%
Holdings1
Inception DateOct 2025
Domicile
Distribution
Index
ProviderBitwise Investments
Beta
CategoryDerivative Income
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-20.6%
1Y
-56.8%
3Y
-56.8%
5Y
-56.8%
OpenBook InsightIf you had invested £10,000 in ICRC 5 years ago, it would have fallen to £4,319 — a loss of £5,681.

Annual Returns

Calendar year performance

ICRC delivered positive returns in 0 of the last 2 calendar years.
YearICRC
2026 YTD-35.3%
2025-36.2%
0/2 positive yearsAvg return: -35.8%Worst year: -36.2% (2025)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
57.3%
Very High
Momentum
-19.4%
30-day change
Support Level
17.13
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Momentum is downward with a 19.4% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.