BITW FY2025 net assets fall to USD 1.0 billion (-24.6%)

Reuters03-03 05:16
BITW FY2025 net assets fall to USD 1.0 billion (-24.6%)

Bitwise 10 Crypto Index ETF (BITW) reported FY 2025 results showing a net decrease in net assets from operations of USD 165.9 million, driven by a net realized gain from investment in crypto assets of USD 138.6 million and a net change in unrealized depreciation from crypto assets of USD 270.9 million. The trust recorded management fees of USD 33.5 million (up 29.7% YoY) and no other income. As of December 31, 2025, BITW had net assets of USD 1.03 billion and total assets of USD 1.05 billion, with investments in crypto assets at fair value of USD 1.03 billion (cost USD 235.6 million). Principal Market NAV per share was USD 59.01 at FY 2025-end, and shares outstanding were 17,451,947. BITW also reported USD 18.9 million receivable for crypto assets sold and USD 17.1 million payable for redemptions at year-end. Corporate and product highlights for FY 2025 included BITW’s approval for listing on NYSE Arca on December 8, 2025, with trading commencing December 9, 2025, and the withdrawal of shares from OTCQX following the conversion. The sponsor reduced the management fee to 0.75% per annum effective upon listing (from 2.50% prior to the listing). The portfolio remained concentrated in Bitcoin at 75.11% of shareholders’ equity and Ethereum at 15.41% as of December 31, 2025, with the remaining 9.48% spread across XRP, Solana, Cardano, Chainlink, Litecoin, Avalanche, SUI and Polkadot.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitwise 10 Crypto Index Fund published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-085428), on March 02, 2026, and is solely responsible for the information contained therein.

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