What Is the BITQ ETF? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
The Bitwise Crypto Industry Innovators ETF (BITQ) is a passive thematic product that invests in the stocks of companies leading the crypto asset industry. Its industry-focused structure and its differences in strategy and exposure versus BLOK, BKCH and STCE are the key selection criteria.
What Is the Bitwise Crypto Industry Innovators ETF?
It is a passive thematic ETF that tracks an index of listed companies that derive revenue and business operations from the crypto industry, such as crypto asset exchanges, payments and mining companies. It does not hold crypto assets directly, but offers exposure through the stocks of related companies.
It suits investors who want exposure to the growth of the crypto asset industry through related company stocks and are willing to tolerate high volatility.
It is an ETF managed by Bitwise using a passive (index-tracking) approach.
How Do You Invest in the Bitwise Crypto Industry Innovators ETF?
| Item | Details |
|---|---|
| Investment target | Stocks of crypto asset industry companies |
| Management style | Passive (index-tracking) |
| Investment character | Crypto asset industry theme |
| Dividend frequency | Quarterly dividends |
| Expense ratio | 0.85% |
It tracks an index of listed companies that derive significant revenue or business operations from the crypto industry, such as crypto asset exchanges, payments and mining companies. By investing in the stocks of related companies rather than holding crypto assets directly, it gains indirect exposure to the growth and price movements of the crypto asset industry.
- Exposure to stocks of crypto asset industry companies
- Invests in related companies rather than holding crypto assets directly
Bitwise Crypto Industry Innovators ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $378.1M, and the expense ratio is 0.85% per year.
Compared with similar blockchain and crypto thematic ETFs such as BLOK and BKCH, industry composition and holding concentration are the main points of comparison.
Bitwise Crypto Industry Innovators ETF Performance and Trends
Stocks of crypto-related companies are heavily influenced by crypto asset prices, trading volume and risk appetite. They tend to post sharp gains in bullish crypto phases and sharp declines in bearish ones. With a high weighting in mining and exchange companies, volatility is very high.
Fund flows into crypto thematic products diverge widely depending on the outlook for crypto asset prices and risk appetite, and money sometimes moves into this group of products when expectations of a crypto rally grow. It is also worth noting that performance can vary greatly depending on crypto asset prices and the regulatory environment.
Bitwise Crypto Industry Innovators ETF Pros and Cons
Its strength is equity exposure to the crypto asset industry, while high volatility linked to crypto asset prices, along with regulatory and concentration risks, are considerations.
💪 Key Strengths
⚠️ Points to Watch
Bitwise Crypto Industry Innovators ETF Alternative ETFs and Related Products
For direct exposure to crypto asset prices, direct substitutes include spot Bitcoin products such as IBIT, and for a different way of gaining exposure to blockchain companies, products such as DAPP are also worth comparing. For those who want to look at crypto assets and fintech together, products such as FDIG can also be considered. The three products shown in the table, BLOK, BKCH and STCE, all invest in blockchain and crypto-related companies, but differ in holdings and weightings. This ETF's differentiator is its narrower exposure to stocks of crypto asset industry companies.
| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
| Amplify Blockchain Technology ETF | $51.25 | -6.3% | $930.2M | 0.70% | 0.95% | -24.8% | |
| ARK Blockchain & Fintech Innovation ETF | $42.22 | -4.8% | $762.6M | 0.75% | 0.1% | -23.7% | |
| Fidelity Crypto Industry and Digital Payments ETF | $33.29 | -5.5% | $206.4M | 0.39% | 1.89% | -35.5% | |
| Global X Blockchain ETF | $49.77 | -9.1% | $197.8M | 0.50% | 2.45% | -51.9% | |
| Schwab Crypto Thematic Natural Language Processing ETF | $47.30 | -7.8% | $169.6M | 0.30% | 2.4% | -48.1% |
| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| COIN | Coinbase Global Inc | 0.10% | $143.54 | -10.6% | $37.9B | - | - |
| IREN Ltd | 0.18% | $23.95 | -8.8% | $9.7B | - | - | |
| MSTR | Strategy Inc | 0.17% | $130.51 | -7.8% | $55.1B | - | - |
| Riot Platforms Inc | 0.05% | $12.81 | -6.8% | $4.8B | - | - | |
| MARA Holdings Inc | 0.05% | $6.77 | -5.5% | $2.6B | - | - | |
| Cipher Digital Inc | 0.05% | $7.29 | -10.0% | $3.0B | - | - | |
| Galaxy Digital Inc | 0.05% | $16.00 | -11.8% | $6.3B | - | - | |
| TeraWulf Inc | 0.05% | $11.73 | -8.0% | $5.9B | - | - |
Bitwise Crypto Industry Innovators ETF Investor Checkpoints
Here are the points to review before investing in BITQ. Exposure to the crypto asset industry is attractive, but high volatility, regulatory risk and theme concentration require advance consideration. It is also advisable to compare it with spot crypto and blockchain products.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| ⚡ Volatility | Review crypto-linked volatility | Very high |
| ⚖️ Regulation | Review the crypto asset regulatory environment | Needs checking |
| 🎯 Theme concentration | Review the weighting of the single crypto asset industry theme | Theme-concentrated |
| 💵 Expense ratio | Check the fee level for a thematic ETF | Needs checking |
Sharp swings in crypto asset prices, regulatory changes and theme concentration are the main variables for short-term performance, and related company stocks are linked to crypto asset prices, making them highly volatile. The crypto asset industry is an area with a high risk of principal loss, depending on regulation and market conditions.
It is a suitable candidate for risk-tolerant investors who want exposure to the growth of the crypto asset industry through related company stocks. For direct exposure to crypto asset prices, it is advisable to compare spot products such as IBIT, and for exposure to industry-related company stocks, to compare this product alongside them before choosing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 10, 2026.