Key stats
About Bitwise Crypto Industry Innovators ETF
Home page
Inception date
May 11, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
SEI Investments Distribution Co.
BITQ does not hold crypto currencies. The fund does offer a pick-and-shovel type approach to crypto investing by tracking an index of 30 crypto companies from around the world, including emerging markets. A group of individuals associated with the fund issuer determines which companies meet the necessary criteria for respective classification in the index. Companies are sorted into two tiers. Tier 1 stocks are considered the Crypto Innovators or pure-play companies that derive more than 75% of their revenue directly in crypto assets. Tier 2 stocks are large-cap firms with diversified business interests that include at least one significant business focused on the crypto economy. The fund selects the 20 largest Tier 1 and 10 largest Tier 2 companies. Tier 1 companies are market-cap-weighted, while Tier 2 firms are weighted equally. The index is reconstituted and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Stocks99.90%
Technology Services61.32%
Finance32.05%
Consumer Services2.73%
Retail Trade1.72%
Commercial Services1.43%
Electronic Technology0.66%
Bonds, Cash & Other0.10%
Cash0.10%
Stock breakdown by region
North America78.50%
Asia12.60%
Oceania3.83%
Europe3.35%
Latin America1.72%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history