Summary
Bitwise Crypto Industry Innovators ETF is an ETF - a fund traded on an exchange like a stock - run by Bitwise. Positions inside: 30. The ten largest make up 62% of the fund.
- Yearly costs
- 0.85%
- Fund size
- $379.0M
- Positions
- 30
- Running since
- 2021
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 62% of the fund, so its result rests on a few names.
- 71% of the fund is in one sector (Financials).
- 86% of the fund is in one country (United States).
- Costs of 0.85% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 91% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -22%
- 3 months
- -3.3%
- This year
- +7.3%
- 1 year
- -24%
- 3 years
- +242%
- 5 years
- -17%
- Avg. market cap
- $60.7B
- P/E
- -
- Forward P/E
- -
- P/S
- 0.4x
- P/B
- 2.0x
- P/FCF
- 10.3x
- EV/EBITDA
- -
- Dividend yield
- 0.22%
- ROIC
- -
- ROE
- -21.6%
- Gross margin
- -
- Operating margin
- -582.4%
- Net margin
- -1,030.1%
- Payout ratio
- -
- Net debt/EBITDA
- -
- Beta
- 3.52
Weighted average of the 27 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MSStrategy MSTR 12%
- 2 COCoinbase COIN 11%
- 3 CRCircle Internet Group CRCL 9.9%
- 4 BMBitmine Immersion Technologies, Inc. BMNR 4.8%
- 5 SESecuritize Corp. SECZ 4.2%
- 6 FIFigure Technology Solutions, Inc. Class A Common Stock FIGR 4.2%
- 7 PUHyperliquid Strategies Inc Common Stock PURR 4.1%
- 8 HUHut 8 Mining Corp. HUT 4.0%
- 9 MAMarathon Digital Holdings, Inc. MARA 3.7%
- 10 CLCleanSpark, Inc. CLSK 3.6%
Positions in the fund: 30. The ten largest make up 62% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 71%
- Technology 27%
- Consumer cyclical 1.4%
By country
- United States 86%
- Singapore 5.2%
- Hong Kong SAR China 3.5%
- Cayman Islands 3.1%
- Other countries 2.4%
By company size
- Mega cap 5.7%
- Large cap 51%
- Mid cap 26%
- Small cap 17%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 95% of the fund.
Largest sector: Financials (71%). Largest country: United States (86%). Largest size group: Large cap (51%).
What does it cost me?
Expensive- A year from $10,000
- $85.00
- Over 20 years
- $3,981
From every $10,000 invested the fund takes $85.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,981.
How has it done?
Losing value- A year on average, 5 years
- -3.7%
- Deepest drop
- -91%
- Yearly volatility
- 61%
Average yearly decline over the last five years: 3.7%. Deepest drop in these years: 91% below the earlier high.
Does it pay dividends?
Yes, it pays out- Last payment
- $0.15
The last payment was $0.15 on Dec 30, 2024.
Is it easy to buy and sell?
Yes- Traded a day
- $2.36M
- Shares a day
- 111K
On an average day about $2.36M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- Average Bulios Score
- 48 out of 100
Weight by Bulios Fair Price
- Undervalued 33%
- Fairly valued 18%
- Overvalued 49%
By Fair Price, 49% of the rated weight comes out as overvalued.
Counted from its largest companies (27), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
DA DAPP.MI VanEck Crypto and Blockchain Innovators UCITS ETF | Ireland | 0.65% | $482.9M | -29% | Reinvests | 57% |
DA DAPP VanEck Digital Transformation ETF | United States | 0.52% | $224.1M | -36% | Pays out | 57% |
BL BLCK Corgi ETF Trust I - Corgi Crypto Infrastructure ETF | United States | 0.35% | $426.5K | - | - | 53% |
WB WBLK.MI WisdomTree Blockchain UCITS ETF - USD Acc | Ireland | 0.45% | $52.7M | -30% | Reinvests | 52% |
BL BLCH.DE Global X - Blockchain UCITS ETF | Ireland | 0.50% | $97.6M | -42% | Reinvests | 49% |
ST STCE Schwab Crypto Thematic ETF | United States | 0.30% | $129.1M | -46% | Pays out | 46% |