Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Valuation
- About
Bitwise Funds Trust (OWNB)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/18/2025: OWNB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -2.65% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/18/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range - | Updated Date 03/18/2025 |
52 Weeks Range - | Updated Date 03/18/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Bitwise Funds Trust
Company Overview
History and Background
Bitwise Funds Trust is a relatively new entrant in the asset management space, primarily focused on cryptocurrency-related investment products. Founded in 2017, its significant milestone was the launch of the first Bitcoin ETF in the United States, the Bitwise Bitcoin Strategy ETF (BITB), which gained significant traction. The firm's evolution has been marked by its persistent efforts to provide regulated and accessible investment vehicles for digital assets.
Core Business Areas
- Digital Asset Funds: Bitwise specializes in offering investment funds that provide exposure to various digital assets, including Bitcoin and Ethereum, through regulated products like ETFs. These funds aim to simplify the process for institutional and retail investors to gain exposure to the cryptocurrency market.
- Index Products: The company also develops and manages index-based products that track the performance of specific segments of the digital asset market, allowing for diversified exposure.
Leadership and Structure
Bitwise Funds Trust is led by its founder and CEO, Hunter Horsley, and CTO, Simon Dixon. The organizational structure is focused on product development, compliance, and marketing within the specialized area of digital asset investments.
Top Products and Market Share
Key Offerings
- Bitwise Bitcoin Strategy ETF (BITB): This is Bitwise's flagship product, offering investors exposure to Bitcoin futures contracts. As of recent data, its Assets Under Management (AUM) have grown substantially, indicating strong investor interest. Competitors include other Bitcoin futures ETFs from providers like ProShares and Valkyrie.
- Bitwise Crypto Industry Innovators ETF (BITQ): This ETF provides exposure to companies involved in the cryptocurrency ecosystem, such as exchanges, miners, and blockchain technology developers. Its AUM reflects a more diversified approach to digital asset-related investments. Competitors include ETFs focusing on blockchain technology companies.
Market Dynamics
Industry Overview
The digital asset investment industry is rapidly evolving, characterized by increasing institutional adoption, regulatory scrutiny, and product innovation. The market for crypto-related ETFs and funds is highly competitive and sensitive to cryptocurrency price volatility and regulatory developments.
Positioning
Bitwise Funds Trust positions itself as a pioneer and leader in providing regulated and transparent access to digital assets for mainstream investors. Its strength lies in its early mover advantage in the ETF space and its commitment to compliance and investor education.
Total Addressable Market (TAM)
The TAM for digital asset investments is substantial and growing, encompassing both direct ownership of cryptocurrencies and indirect exposure through investment vehicles. Bitwise Funds Trust is positioned to capture a significant portion of the regulated investment product segment within this broader TAM.
Upturn SWOT Analysis
Strengths
- Pioneering role in US-listed crypto ETFs.
- Strong focus on regulatory compliance.
- Experienced leadership team in the crypto and finance space.
- Growing AUM in key products.
- Brand recognition as a digital asset investment specialist.
Weaknesses
- Relatively new entrant compared to traditional asset managers.
- Dependence on the volatile cryptocurrency market.
- Limited product diversification compared to established ETFs.
- Potential for regulatory changes impacting product viability.
Opportunities
- Increasing institutional adoption of digital assets.
- Further development and approval of spot cryptocurrency ETFs.
- Expansion into other digital asset classes and innovative fund structures.
- Growing global demand for regulated crypto investment products.
- Partnerships with traditional financial institutions.
Threats
- Intensifying competition from other ETF providers and crypto platforms.
- Adverse regulatory actions or pronouncements from governing bodies.
- Significant downturns in the cryptocurrency market.
- Cybersecurity risks associated with digital assets.
- Technological obsolescence or disruptive innovations.
Competitors and Market Share
Key Competitors
- Grayscale Investments (GBTC)
- Purpose Investments (BTCC)
- ProShares (BITO)
- Valkyrie Investments (BRRR, WGMI)
Competitive Landscape
Bitwise faces intense competition from other established and emerging players in the digital asset investment space. Its competitive advantages lie in its early entry into the US ETF market and its focus on regulated products, while its disadvantages include a smaller AUM compared to some larger competitors and a more limited product suite.
Growth Trajectory and Initiatives
Historical Growth: Bitwise Funds Trust has experienced significant growth since its inception, driven by the increasing interest in digital assets and its success in launching regulated products like BITB. The growth in AUM for its ETFs is a primary indicator of its historical trajectory.
Future Projections: Future projections for Bitwise Funds Trust are tied to the broader adoption of digital assets and the regulatory landscape. Analysts anticipate continued growth in the crypto ETF market, with potential for new product launches and increasing AUM.
Recent Initiatives: Recent initiatives include the successful launch and growth of its Bitcoin Strategy ETF, ongoing advocacy for regulatory clarity, and exploration of new digital asset investment products.
Summary
Bitwise Funds Trust is a strong contender in the nascent digital asset investment sector, particularly for its pioneering role in US crypto ETFs. Its core strengths lie in regulatory focus and market access, which have driven significant AUM growth. However, it must navigate intense competition, market volatility, and evolving regulatory frameworks to sustain its trajectory and capitalize on future opportunities in the expanding digital asset landscape.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company filings (where applicable for ETFs)
- Financial news outlets and analysis reports
- Industry data providers
- Cryptocurrency market data aggregators
Disclaimers:
This JSON output is generated based on publicly available information and does not constitute financial advice. Investment decisions should be made after consulting with a qualified financial advisor. Market share data is an estimation and may vary based on the source and time of data collection. Financial performance for ETF sponsors is primarily measured by Assets Under Management (AUM) and associated fees, not traditional corporate financial statements.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bitwise Funds Trust
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date 2025-03-11 | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund invests at least 80% of its net assets plus borrowings in the securities comprising the index. The index seeks to provide exposure to the performance of corporations that have adopted the "bitcoin standard" ("Bitcoin Standard Corporations"). The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.