Business
Bitwise Bitcoin ETF is a Delaware statutory trust that issues shares representing beneficial interests in bitcoin held by the trust.
Bitwise Bitcoin ETF moved from large FY2024 gains to FY2025 losses as bitcoin exposure drove reported net income.
The read at a glance✓ Audited against SEC data
- Business mix — Spot bitcoin trust exposureNote
- NAV driver — Holds bitcoin; NAV tied to BRRNYNote
- Income — Net income swung to -$344.4MWatch
- Cash flow — OCF improved to $39.1MOK
- Redemptions — Share redemptions $2.46BNote
- Insiders — 0 purchases / 0 salesNote
- Accounting — Forensic screens unavailableNote
Latest filings
- 10-Q · Quarterly report2026-08-07
- 10-Q · Quarterly report2026-05-06
- 10-K · Annual report2026-03-02
- 10-Q · Quarterly report2025-11-10
- 10-Q · Quarterly report2025-08-07
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Bitwise Bitcoin ETF, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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