Bitwise Bitcoin ETF Files Q1 2025 10-Q
Ticker: BITB · Form: 10-Q · Filed: 2025-05-12T00:00:00.000Z
Sentiment: neutral
Topics: ETF, Bitcoin, Crypto Assets, 10-Q
TL;DR
Bitwise Bitcoin ETF Q1 2025 10-Q is in. Shows crypto asset holdings, managed by Bitwise Investment Manager.
AI Summary
Bitwise Bitcoin ETF filed its 10-Q for the period ending March 31, 2025. The filing details its investments in crypto assets, including Bitcoin, and its financial position. The ETF is managed by Bitwise Investment Manager LLC and Bitwise Investment Advisers LLC, with Bitwise Asset Management Inc. also involved.
Why It Matters
This filing provides investors with an update on the performance and holdings of the Bitwise Bitcoin ETF, offering transparency into its crypto asset investments.
Risk Assessment
Risk Level: medium — The ETF's primary risk stems from its direct investment in Bitcoin, a volatile cryptocurrency.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 20250512 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Bitwise Bitcoin ETF (company) — Filer of the 10-Q
- Bitwise Investment Manager LLC (company) — Manager of the ETF
- Bitwise Investment Advisers LLC (company) — Adviser to the ETF
- Bitwise Asset Management Inc. (company) — Related entity involved in management
- Bitcoin (company) — Primary asset held by the ETF
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended March 31, 2025.
Who is the primary manager of the Bitwise Bitcoin ETF?
Bitwise Investment Manager LLC is listed as a member and manager of the ETF.
What type of assets does the Bitwise Bitcoin ETF primarily invest in?
The ETF invests in crypto assets, specifically mentioning 'InvestmentInBitcoin'.
When was the company formerly known as Bitwise Bitcoin ETF Trust?
The company was formerly known as Bitwise Bitcoin ETF Trust until a name change on January 3, 2019.
What is the business address of the Bitwise Bitcoin ETF?
The business address is 250 Montgomery Street, Suite 200, San Francisco, CA 94104.
From the Filing
0000950170-25-068780.txt : 20250512 0000950170-25-068780.hdr.sgml : 20250512 20250512113114 ACCESSION NUMBER: 0000950170-25-068780 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 52 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250512 DATE AS OF CHANGE: 20250512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bitwise Bitcoin ETF CENTRAL INDEX KEY: 0001763415 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41902 FILM NUMBER: 25933602 BUSINESS ADDRESS: STREET 1: 250 MONTGOMERY STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 415-707-3663 MAIL ADDRESS: STREET 1: 250 MONTGOMERY STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: Bitwise Bitcoin ETF Trust DATE OF NAME CHANGE: 20231201 FORMER COMPANY: FORMER CONFORMED NAME: BITWISE BITCOIN ETP TRUST DATE OF NAME CHANGE: 20211012 FORMER COMPANY: FORMER CONFORMED NAME: BITWISE BITCOIN ETF TRUST DATE OF NAME CHANGE: 20190103 10-Q 1 bitb-20250331.htm 10-Q 10-Q Q1 0001763415 false --12-31 Unlimited Unlimited Nil http://bitbetf.com/20250331#ExecutiveManagementCommitteeAndOtherSeniorPersonnelMember One One 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-05 0001763415 bitb:LukkaPrimeRateMember 2024-01-01 2024-12-31 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-09 2024-01-09 0001763415 bitb:BitwiseInvestmentAdvisersLlcMember 2024-01-09 2024-01-09 0001763415 bitb:BitwiseAssetManagementIncMember 2023-11-09 2023-11-09 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-05 2024-01-05 0001763415 2024-01-10 0001763415 bitb:InvestmentsInCryptoAssetsMember 2024-12-31 0001763415 bitb:InvestmentsInCryptoAssetsMember 2025-03-31 0001763415 bitb:InvestmentInBitcoinMember 2024-12-31 0001763415 us-gaap:FairValueInputsLevel3Member bitb:InvestmentsInCryptoAssetsMember 2025-03-31 0001763415 2024-01-01 2024-03-31 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-10 0001763415 bitb:CoinbaseCustodyTrustCompanyLlcMember 2024-01-10 2024-03-31 0001763415 2024-12-31 0001763415 us-gaap:FairValueInputsLevel1Member bitb:InvestmentsInCryptoAssetsMember 2024-12-31 0001763415 bitb:InvestmentInBitcoinMember 2025-03-31 0001763415 2025-03-31 0001763415 us-gaap:FairValueInputsLevel1Member bitb:InvestmentsInCryptoAssetsMember 2025-03-31 0001763415 2025-05-09 0001763415 2024-01-10 2024-12-31 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-10 2024-01-10 0001763415 2024-03-31 0001763415 bitb:CmeCfBitcoinMember 2025-01-01 2025-03-31 0001763415 bitb:CoinbaseCustodyTrustCompanyLlcMember 2025-01-01 2025-03-31 0001763415 bitb:CmeCfBitcoinMember 2024-01-01 2024-12-31 0001763415 us-gaap:FairValueInputsLevel2Member bitb:InvestmentsInCryptoAssetsMember 2025-03-31 0001763415 us-gaap:FairValueInputsLevel3Member bitb:InvestmentsInCryptoAssetsMember 2024-12-31 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-11 2024-01-11 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-09 0001763415 2024-01-09 0001763415 bitb:BitwiseAssetManagementIncMember 2023-11-09 0001763415 us-gaap:FairValueInputsLevel2Member bitb:InvestmentsInCryptoAssetsMember 2024-12-31 0001763415 bitb:BitwiseInvestmentManagerLlcMember 2024-01-08 0001763415 2024-01-01 2024-12-31 0001763415 2024-01-08 0001763415 2025-01-01 2025-03-31 0001763415 bitb:BitwiseAssetManagementIncMember 2024-01-10 2024-01-10 0001763415 bitb:LukkaPrimeRateMember 2025-01-01 2025-03-31 0001763415 2024-01-10 2024-03-31 bitb:Trustee bitb:Bitcoin xbrli:pure iso4217:USD xbrli:shares xbrli:shares bitb:Segment iso4217:USD     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 10-Q     ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 31, 2025 . or