BITQ: Bitwise Crypto Industry Innovators ETF
About
BITQ was created on 2021-05-11 by Bitwise. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 138.12m in AUM and 31 holdings. BITQ is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy.
Current Value
$21.111 Year Return
Current Value
$21.111 Year Return
Key Details
Assets Under Management
$189.55M
Div Yield %
-
P/E Ratio
22.33
Net Asset Value
$19.42
Expense Ratio
0.85%
1Y ETF Return
1.70%
Strategies that include BITQ
Stock's related to BITQ
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| RIOT | 89.45% | $4.08B | +9.85% | 0.00% |
| CLSK | 87.68% | $3.65B | +211.70% | 0.00% |
| MARA | 87.52% | $6.39B | +92.63% | 0.00% |
| COIN | 85.40% | $81.26B | +207.68% | 0.00% |
| HUT | 80.37% | $2.37B | +166.53% | 0.00% |
| BTBT | 79.36% | $595.60M | +81.53% | 0.00% |
| MSTR | 75.15% | $87.25B | +773.24% | 0.00% |
| IREN | 73.38% | $1.96B | +262.72% | 0.00% |
| GREE | 68.51% | $29.23M | -42.42% | 0.00% |
| HOOD | 62.97% | $31.15B | +341.60% | 0.00% |
| FUN | 53.39% | $4.60B | -16.51% | 0.00% |
| MOGO | 40.29% | $36.95M | +26.89% | 0.00% |
| SMLR | 37.71% | $336.72M | +25.48% | 0.00% |
| ALAB | 36.53% | $15.10B | +164.39% | 0.00% |
| KROS | 36.45% | $2.17B | +73.87% | 0.00% |
| HIMS | 36.00% | $5.14B | +210.42% | 0.00% |
| LOGC | 34.86% | $182.42M | +43.98% | 0.00% |
| ALT | 34.10% | $531.30M | +194.09% | 0.00% |
| APLS | 31.61% | $3.61B | -41.27% | 0.00% |
| BARK | 31.27% | $274.85M | +106.10% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LITB | -0.03% | $35.48M | -75.45% | 0.00% |
| VZ | -0.09% | $176.51B | +12.56% | 6.37% |
| MNR | -0.16% | $1.66B | -10.71% | 15.90% |
| WTW | -0.20% | $30.98B | +26.60% | 1.13% |
| T | -0.25% | $163.09B | +40.40% | 4.87% |
| HRL | 0.26% | $16.30B | -8.38% | 3.81% |
| SJM | -0.26% | $11.91B | -0.25% | 3.82% |
| HLN | 0.27% | $42.91B | +13.94% | 1.67% |
| CL | -0.36% | $76.48B | +22.25% | 2.12% |
| CLX | 0.37% | $20.81B | +20.66% | 2.88% |
| ETR | 0.43% | $32.14B | +49.00% | 3.05% |
| WEC | -0.57% | $31.33B | +22.40% | 3.38% |
| POST | -0.60% | $6.45B | +28.40% | 0.00% |
| SCWX | -0.61% | $743.12M | +40.27% | 0.00% |
| SIGI | -0.65% | $5.90B | -4.96% | 1.47% |
| OCX | 0.72% | $42.93M | -36.09% | 0.00% |
| XOS | 0.77% | $30.51M | -57.24% | 0.00% |
| XBIO | 0.78% | $6.01M | +21.36% | 0.00% |
| VRSK | 0.81% | $39.77B | +17.45% | 0.53% |
| OXBR | 0.91% | $19.05M | +178.18% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -19.31% | $78.15B | +35.51% | 0.42% |
| COR | -15.24% | $47.48B | +21.20% | 0.86% |
| CPB | -15.09% | $12.96B | +7.08% | 3.40% |
| ABBV | -14.49% | $294.35B | +20.07% | 3.72% |
| CYD | -11.97% | $364.46M | -2.94% | 4.26% |
| HUSA | -11.77% | $16.69M | -11.56% | 0.00% |
| PULM | -11.30% | $19.83M | +202.98% | 0.00% |
| CAH | -11.20% | $28.64B | +12.14% | 1.70% |
| GIS | -10.80% | $34.85B | -2.91% | 3.78% |
| CI | -10.28% | $89.70B | +12.57% | 1.68% |
| LMT | -10.12% | $126.40B | +18.99% | 2.36% |
| HSY | -9.25% | $34.45B | -10.68% | 3.21% |
| CHD | -9.20% | $27.18B | +19.50% | 1.03% |
| SUNS | -8.78% | $105.89M | +35.31% | 1.37% |
| CBOE | -8.71% | $21.46B | +15.84% | 1.11% |
| MNOV | -7.59% | $93.19M | +2.15% | 0.00% |
| NHTC | -7.02% | $61.83M | +0.19% | 14.81% |
| LTM | -6.96% | $8.51B | -100.00% | <0.01% |
| QTTB | -6.51% | $354.34M | +188.64% | 0.00% |
| GAN | -6.33% | $83.39M | +21.19% | 0.00% |
ETF's related to BITQ
News
SeekingAlpha
With the U.S. election behind us, Brad Simpson, Chief Wealth Strategist, TD Wealth explains why itâs âback to businessâ for markets. Read more here...
SeekingAlpha
Bitcoin interest has remained relatively high, and bitcoin prices have now reached over $70,000. This year has been one of the busiest in terms of crypto ETF launches. Read more here...
Yahoo
Bitcoin (BTC-USD) momentarily peaked above $73,000 on Tuesday — near record highs — as the US presidential election is just days away. However, investors are concerned about how the outcome could impact the cryptocurrency market, depending on whether former President Donald Trump or Vice President Kamala Harris emerges victorious. To provide insight on this topic, Bitwise Asset Management chief investment officer Matt Hougan joins Catalysts. "I think the most important thing for bitcoin is that the election happens," Hougan states. He explains that "regardless of a Trump win or a Harris win, the regulatory setting for bitcoin is improving, and I think that's what you're seeing reflected in the price." Hougan remains optimistic about bitcoin's long-term trajectory, expressing his belief that the cryptocurrency will climb above the $100,000 level. However, he notes that the regulatory environment resulting from the presidency could have a more significant impact on other altcoins in the cryptocurrency space. Standard Chartered head of crypto research Geoff Kendrick told Yahoo Finance in September that a Trump victory on Election Day could even push bitcoin as high as $125,000 by 2024's end, according to his own forecasts. As for a potential catalyst for bitcoin, Hougan points to institutional adoption. "That means higher prices," he states, noting that increased involvement from major financial institutions could drive further gains in 2025. Bitwise manages several of its own spot bitcoin and crypto industry ETFs (BITB, BITQ, BITW, BITC). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
Yahoo
While bitcoin (BTC-USD) is on a tear higher on Monday, what does this signal for crypto traders with the 2024 US election just three weeks away? At a fundraising event, Vice President Kamala Harris "talked about her administration investing in America's competitiveness, encourage innovative technologies like AI and crypto," Bitwise Asset Management senior investment strategist Juan Leon tells Market Domination. "And that was welcomed by the industry because it's a departure from the Biden administration's adversarial stance on crypto and AI." Leon notes that the United States' regulations around cryptocurrency are behind that of other countries: "We are seeing an increased trajectory towards more regulatory clarity. And alongside that, we're continuing to see upward adoption of bitcoin and other cryptocurrencies around the world. And they're really growing at a fast pace... Markets hate uncertainty and so leading up to elections it tends to be more volatile." Bitwise manages several spot bitcoin ETFs (BITQ, BITB, BITC) and a crypto index ETF (BITW). To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.
SeekingAlpha
We are currently in the 'everything market'. It doesnât matter what you have probably invested in; it is currently increasing in value. Click to read.
SeekingAlpha
Stay updated on Bitcoin's potential breakout above USD 73,794 and its future gains with this insightful financial article. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.