Performance analysis of BITB (Bitwise Bitcoin ETF)
Annual Return
Since Jan 11, 2024, BITB has had an average annual return of +14.64%, underperforming the benchmark SPY, which returned +20.99% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -24.16% | -6.47% | +99.10% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.31% | -21.71% | +3.31% | +12.68% | -3.88% | -20.09% | +13.21% | -24.16% | |||||
| 2025 | +8.67% | -17.05% | -2.09% | +14.15% | +11.13% | +2.91% | +8.37% | -7.28% | +5.69% | -4.10% | -17.34% | -3.57% | -6.47% |
| 2024 | -9.08% | +45.69% | +14.43% | -16.84% | +14.47% | -11.28% | +8.74% | -10.12% | +8.26% | +10.09% | +38.99% | -3.93% | +99.10% |
Drawdown analysis of BITB (Bitwise Bitcoin ETF)
The maximum drawdown for the BITB was -53.33%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The current BITB drawdown is -47.17%.
Since Jan 11, 2024 BITB has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.33% | Oct 6, 2025 | 183 | Jun 30, 2026 | Ongoing | Ongoing | Ongoing |
| -28.19% | Dec 17, 2024 | 75 | Apr 8, 2025 | 29 | May 20, 2025 | 104 |
| -27.44% | Mar 13, 2024 | 122 | Sep 6, 2024 | 43 | Nov 6, 2024 | 165 |
| -16.25% | Jan 11, 2024 | 7 | Jan 23, 2024 | 13 | Feb 9, 2024 | 20 |
| -11.96% | Aug 13, 2025 | 12 | Aug 29, 2025 | 25 | Oct 6, 2025 | 37 |
| -8.50% | Mar 4, 2024 | 1 | Mar 5, 2024 | 2 | Mar 7, 2024 | 3 |
| -8.45% | Nov 22, 2024 | 2 | Nov 26, 2024 | 7 | Dec 6, 2024 | 9 |
| -8.38% | May 22, 2025 | 9 | Jun 5, 2025 | 22 | Jul 9, 2025 | 31 |
| -5.73% | Jul 14, 2025 | 14 | Aug 1, 2025 | 8 | Aug 13, 2025 | 22 |
| -5.29% | Dec 6, 2024 | 1 | Dec 9, 2024 | 4 | Dec 13, 2024 | 5 |
| -2.48% | Nov 13, 2024 | 1 | Nov 14, 2024 | 1 | Nov 15, 2024 | 2 |
| -1.94% | Feb 20, 2024 | 1 | Feb 21, 2024 | 1 | Feb 22, 2024 | 2 |
| -1.83% | Feb 22, 2024 | 1 | Feb 23, 2024 | 1 | Feb 26, 2024 | 2 |
| -1.49% | Feb 12, 2024 | 1 | Feb 13, 2024 | 1 | Feb 14, 2024 | 2 |
| -0.94% | Mar 11, 2024 | 1 | Mar 12, 2024 | 1 | Mar 13, 2024 | 2 |
| -0.11% | Feb 14, 2024 | 1 | Feb 15, 2024 | 1 | Feb 16, 2024 | 2 |