Invest Wisely: Bitwise Index Fund Strategies For Beginners

how to invest in bitwise index fund

Bitwise Asset Management is a cryptocurrency index fund manager that provides investors with a simple and familiar way to access cryptocurrencies. The company's sole focus on crypto since its inception in 2017 has resulted in a six-year track record of helping investors harness the power of this complex and constantly evolving space. Bitwise offers a broad suite of solutions, including ETFs, publicly traded trusts, SMAs, and private funds, providing exposure to various crypto assets, equities, hedge funds, and NFT collections. Their Bitwise 10 Crypto Index Fund is a secure way to gain diversified exposure to Bitcoin and other leading cryptocurrencies. The fund tracks an index of the 10 most highly valued cryptocurrencies, screened and monitored for risks, weighted by market capitalization, and rebalanced monthly. Shares of the fund are registered with the Securities and Exchange Commission and can be traded through traditional brokerage accounts.

Characteristics Values
Number of Crypto Assets 20+
Types of Crypto Assets Bitcoin, Ethereum, NFTs
Number of Products 20
Types of Products ETFs, publicly traded trusts, SMAs, private funds
Number of Professionals 60+
Areas of Expertise Tech, asset management, law
Tickerm BITW
CUSIP 091749101
Annual Fee 2.5%
Custodian Coinbase Custody Trust Company
Administrator Theorem Fund Services

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Bitwise 10 Crypto Index Fund

The Bitwise 10 Crypto Index Fund is a secure way to gain diversified exposure to Bitcoin and other leading cryptocurrencies. The fund is designed to track an index of the 10 most highly valued cryptocurrencies, which are screened and monitored for certain risks, weighted by market capitalization, and rebalanced monthly.

The fund provides the security and simplicity of a traditional investment vehicle, with shares traded in brokerage accounts using the ticker "BITW". It offers a straightforward and familiar way to access crypto, which is expertly designed, clearly explained, and professionally managed.

Bitwise has a six-year track record of helping investors harness the power of crypto, with a sole focus on this complex and constantly changing space. They offer a broad suite of solutions, including ETFs, publicly traded trusts, SMAs, and private funds, providing exposure to over 20 different crypto assets.

With a world-class team of more than 60 experts in tech, asset management, and law, Bitwise provides thoughtful, professional-grade exposure to a growing world of crypto opportunities, helping investors take the next step in their crypto journey.

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Bitwise's Crypto Fund for US investors

Bitwise Asset Management is a San Francisco-based crypto index fund manager for individuals, investment managers, and institutions navigating cryptocurrency. It is the largest crypto index fund manager in America. The company was founded by professionals with backgrounds in technology, security, and finance, and it prides itself on its deep understanding of protocols. Bitwise has a team of over 60 professionals, with expertise in technology and asset management.

Bitwise offers a broad suite of solutions, with 20 products across various formats, including ETFs, publicly traded trusts, SMAs, and private funds. This provides exposure to over 20 different crypto assets, plus equities, hedge funds, and NFT collections.

One of the most popular and convenient ways to access any asset class is through exchange-traded funds (ETFs). Bitwise has designed ETFs focused on two pivotal areas in crypto:

  • Bitwise Bitcoin and Ether Equal Weight Strategy ETF
  • Bitwise Bitcoin ETF*
  • Bitwise Bitcoin Strategy Optimum Roll ETF
  • Bitwise Crypto Industry Innovators ETF
  • Bitwise Ethereum ETF*
  • Bitwise Ethereum Strategy ETF

It is important to note that some of these funds, such as BITB and ETHW, are subject to a high degree of risk and are not suitable for all investors.

To get started with investing in Bitwise's crypto funds, you can follow these steps:

  • Select "Individual Investor" and confirm that your trust is an accredited investor.
  • Create a Bitwise Account.
  • Complete the necessary paperwork, or have it completed by a financial advisor, lawyer, or CPA.
  • Wire funds from your trust.

Bitwise also provides ongoing market commentary and responsive client service for investors.

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Bitwise's investment trust

Bitwise Asset Management is the largest crypto index fund manager in the US. The company has been focused solely on crypto since its founding in 2017. It offers a broad suite of solutions, with 20 products across various formats, including ETFs, publicly traded trusts, SMAs, and private funds.

Bitwise's first crypto index fund was launched in 2017, and since then, the company has been expanding opportunities for investors. Their products provide exposure to over 20 different crypto assets, plus equities, hedge funds, and NFT collections.

One of the most popular and convenient ways to access any asset class is through exchange-traded funds (ETFs). Bitwise has designed ETFs focused on two pivotal areas in crypto: Bitwise Bitcoin and Ether Equal Weight Strategy ETF, and Bitwise Ethereum ETF.

The Bitwise Bitcoin ETF (BITB) provides low-cost access to bitcoin through a professionally managed fund. It is easily accessible from a brokerage account. BITB is not suitable for all investors, as it is subject to a high degree of risk and potential volatility.

The Bitwise Crypto Industry Innovators ETF (BITQ) is another option. It provides exposure to the crypto economy without directly holding crypto assets. BITQ is a traditional, regulated exchange-traded fund.

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Bitwise's onboarding process

  • Select Investor Type: On the Bitwise website, individuals can select the option that best describes them, such as "Individual Investor." This helps tailor the onboarding process to their specific needs.
  • Confirm Accreditation: For certain investment options, such as the Bitwise investment trust, individuals need to confirm that they are accredited investors, meeting specific eligibility criteria.
  • Create a Bitwise Account: Investors can sign up and create an account on the Bitwise platform. This involves providing personal information and agreeing to their terms and conditions.
  • Complete Paperwork: The next step is to fill out the necessary paperwork, which can be done with the help of a financial advisor, lawyer, or CPA. This ensures compliance with regulatory requirements.
  • Fund Your Account: Once the account is set up, individuals can fund their Bitwise account by wiring funds from their trust or through traditional brokerage accounts.
  • Monitor Investments: After investing, individuals can monitor their investments at any time through an online investor portal. Bitwise provides ongoing market commentary and responsive client service to support investors throughout their journey.

By following these steps, investors can easily access Bitwise's range of crypto funds, including their crypto index funds, exchange-traded funds (ETFs), and other investment vehicles. Bitwise prides itself on making crypto accessible and providing a secure and simple way to invest in this complex and constantly changing space.

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Bitwise's account management

Bitwise offers a broad suite of solutions for investors looking to invest in cryptocurrencies. The company's first crypto index fund was launched in 2017, and since then, it has expanded its offerings to include 20 products across various formats, including ETFs, publicly traded trusts, SMAs, and private funds.

To get started with investing in Bitwise's crypto index fund, you need to create a Bitwise account. Here's a step-by-step guide to Bitwise's account management and the process of investing in their crypto index fund:

  • On the Bitwise website, select "Individual Investor" to start the onboarding process.
  • Confirm that your trust is an accredited investor. Bitwise's crypto index fund is only open to accredited investors.
  • Complete the necessary paperwork. You can do this yourself or have it completed by a financial advisor, lawyer, or CPA.
  • Wire funds from your trust to your Bitwise account.
  • Monitor your investment through an online investor portal. Bitwise provides ongoing market commentary and client service for investors.

Once you have a Bitwise account, you can invest in their crypto index fund, which offers diversified exposure to Bitcoin and leading cryptocurrencies. The fund tracks an index of the 10 most highly valued cryptocurrencies, screened and monitored for certain risks, weighted by market capitalization, and rebalanced monthly. The fund provides the security and simplicity of a traditional investment vehicle, with shares tradable in brokerage accounts using the ticker symbol "BITW."

It's important to note that shares of the Bitwise 10 Crypto Index Fund are subject to a 2.5% annual fee, which includes management fees, custody charges, and other expenses.

Frequently asked questions

Bitwise offers a simple way to invest in Bitcoin with a trust. First, select "Individual Investor", then confirm that your trust is an accredited investor, and finally, create a Bitwise Account.

The Bitwise 10 Crypto Index Fund is a secure way to get diversified exposure to Bitcoin and leading cryptocurrencies. The fund tracks an index of the 10 most highly valued cryptocurrencies, screened and monitored for certain risks, weighted by market capitalization, and rebalanced monthly.

The Bitwise 10 Crypto Index Fund carries an expense ratio of 2.5% and is only open to accredited investors. Shares are subject to a 2.5% annual fee that includes the management fee, custody charges for holding the fund’s assets, and customary fees and expenses of the fund administrator and auditor.

Unlike an ETF, the Bitwise 10 Crypto Index Fund's shares are exempt from registration with the SEC. The fund provides the security and simplicity of a traditional investment vehicle, with shares tradable in brokerage accounts using the ticker "BITW".

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