Bitwise 10 Crypto Index ETF BITW

Financials SIC 6221 - Commodity Contracts Brokers & Dealers NAICS Finance and Insurance › Securities, Commodity Contracts, and Other Financial Investments and Related Activities › Securities and Commodity Contracts Intermediation and Brokerage › Commodity Contracts Intermediation derived NYSE

The Bitwise 10 Crypto Index ETF (the "Trust") is a Delaware Statutory Trust that issues common units of fractional undivided beneficial interest ("Shares"), which represent ownership in the Trust. The Trust's current standing in Delaware is active. The Trust was formed by the filing of a Certificate of Trust with the Delaware Secretary of State in accordance with the provisions of the Delaware Statutory Trust Act (the "DSTA") and the adoption of a Trust Agreement (the "Trust Agreement"). On December 3, 2025, pursuant to a pending conversion of the Trust to an exchange-traded fund, the CSC Delaware Trust Company (the "Trustee"), as trustee of the Trust, caused a Certificate of Amendment to the Trust's Certificate of Trust to be filed with the Secretary of State of the State of Delaware in order to change the name of the Trust from "Bitwise 10 Crypto Index Fund" to "Bitwise 10 Crypto Index ETF". In addition, on December 3, 2025, Bitwise Investment Advisers, LLC (the "Sponsor") and the Trustee, entered into a First Amended and Restated Trust Agreement of the Trust (the "A&R Trust Agreement"), which amended and restated the Trust Agreement. The Trust operates pursuant to the A&R Trust Agreement.

Last close 52.29 2026-10-23
Market cap $739.5M 2026-06-30 share count
52-week range 37.20 - 66.48

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF4.8x
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total operating expenses $33.5M$25.8M$12.9M$13.4M$23.1M$1.9M$555.1K
Pre-tax income -$165.9M$664.6M$392.9M-$666.4M$416.8M$154.4M—
Income tax $0$0$0$0$0$0—
Net income -$165.9M$664.6M$392.9M-$666.4M$416.8M$154.4M$5.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $15.0K$77.0K$913$656.7K$18.5M$743.5K—
Total assets $1.05B$1.37B$702.6M$308.8M$976.7M$374.8M—
Total liabilities $18.9M$2.9M$1.5M$654.6K$2.1M$1.5M—

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow $152.9M$76.0K-$656.0K————
Financing cash flow -$152.9M——————
Buybacks $154.3M——————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-102008.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B -500M 0 500M 1B Net income, FY2019: 5.5M Net income, FY2020: 154.4M Net income, FY2021: 416.8M Net income, FY2022: -666.4M Net income, FY2023: 392.9M Net income, FY2024: 664.6M Net income, FY2025: -165.9M FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — —
Gross profit — — — — — — —
Net income $5.5M $154.4M $416.8M -$666.4M $392.9M $664.6M -$165.9M

Recent filings and events

  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Other event Item 8.01
  • Other event Item 8.01
  • Annual report filed Form 10-K
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event Item 8.01
  • Annual report filed Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6221

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GLD SPDR GOLD TRUST $129.19B — —
IBIT iShares Bitcoin Trust ETF $59.81B — —
IAU ISHARES GOLD TRUST $59.26B — —
GLDM World Gold Trust $27.23B — —
SLV iShares Silver Trust $26.22B — —
ETHA iShares Ethereum Trust ETF $20.82B — —
GBTC Grayscale Bitcoin Trust ETF $10.79B — —
AGQ ProShares Trust II $6.92B — —