Key Takeaways
- • BITQ trading at $27.27 as of September 20, 2026, up 8.26% on strong daily momentum, with a 52-week range of $16.65–$31.45, reflecting significant volatility in crypto-linked equities.
- • Net Assets Under Management (AUM) of $472.999 million as of September 17, 2026, with 17.375 million shares outstanding and a NAV of $25.19, indicating institutional accumulation in the crypto equity space.
- • 38-holding portfolio structure designed by Bitwise's index methodology to identify pioneering companies generating majority revenue from crypto business activities, avoiding direct crypto asset exposure while capturing sector participation.
- • Traditional ETF regulatory framework with Bank of New York Mellon serving as administrator and custodian, Morningstar Indexes Ltd. as index calculator, and Foreside Fund Services as distributor—providing institutional-grade infrastructure and transparency.
- • Inception date of May 11, 2021 positions BITQ at over five years of operational history, with the fund tracking the Bitwise Crypto Industry Innovators Index through established exchange listing on NYSE.
Summary
The Bitwise Crypto Industry Innovators ETF (BITQ) is trading at $27.27 as of September 20, 2026, with daily momentum showing an 8.26% gain and a tight median 30-day bid-ask spread. The fund's year-to-date performance reflects broader strength in crypto-adjacent equity sectors, with the 52-week trading range spanning from $16.65 to $31.45. The current market price and net asset value (NAV of $25.19 as of September 16, 2026) remain closely aligned, with minimal NAV divergence—a positive indicator of efficient fund pricing and institutional adoption.
BITQ maintains $472.999 million in assets under management with 17.375 million shares outstanding, demonstrating substantial institutional capital allocation toward crypto-enabled companies. The fund's 38-holding portfolio structure reflects Bitwise's curated selection methodology, which identifies public companies that derive the majority of their revenue from cryptocurrency-related business activities. This equity-focused approach provides exposure to the crypto economy without the operational and regulatory complexity of holding digital assets directly, positioning the fund as an accessible vehicle for institutional and retail investors seeking concentrated sector participation.
The fund's infrastructure underscores institutional legitimacy and operational rigor. Launched on May 11, 2021, BITQ operates under traditional ETF regulatory frameworks with Bank of New York Mellon serving dual roles as administrator and custodian. The index is calculated by Morningstar Indexes Ltd. and distributed through Foreside Fund Services LLC, establishing full transparency and third-party oversight. By tracking the Bitwise Crypto Industry Innovators Index—developed by Bitwise Index Services LLC and advised by Bitwise Investment Manager LLC—the fund leverages one of the largest crypto asset managers' proprietary industry expertise to identify companies positioned at the forefront of blockchain and cryptocurrency innovation.
For institutional investors and alternative asset managers, BITQ represents a regulated, liquid equity proxy for crypto sector exposure. The fund's tight spreads, substantial AUM base, and NYSE listing accessibility provide meaningful liquidity, while the portfolio's 38-company composition mitigates single-position concentration risk inherent in direct crypto holdings or crypto-focused venture equity strategies.
BITQ maintains $472.999 million in assets under management with 17.375 million shares outstanding, demonstrating substantial institutional capital allocation toward crypto-enabled companies. The fund's 38-holding portfolio structure reflects Bitwise's curated selection methodology, which identifies public companies that derive the majority of their revenue from cryptocurrency-related business activities. This equity-focused approach provides exposure to the crypto economy without the operational and regulatory complexity of holding digital assets directly, positioning the fund as an accessible vehicle for institutional and retail investors seeking concentrated sector participation.
The fund's infrastructure underscores institutional legitimacy and operational rigor. Launched on May 11, 2021, BITQ operates under traditional ETF regulatory frameworks with Bank of New York Mellon serving dual roles as administrator and custodian. The index is calculated by Morningstar Indexes Ltd. and distributed through Foreside Fund Services LLC, establishing full transparency and third-party oversight. By tracking the Bitwise Crypto Industry Innovators Index—developed by Bitwise Index Services LLC and advised by Bitwise Investment Manager LLC—the fund leverages one of the largest crypto asset managers' proprietary industry expertise to identify companies positioned at the forefront of blockchain and cryptocurrency innovation.
For institutional investors and alternative asset managers, BITQ represents a regulated, liquid equity proxy for crypto sector exposure. The fund's tight spreads, substantial AUM base, and NYSE listing accessibility provide meaningful liquidity, while the portfolio's 38-company composition mitigates single-position concentration risk inherent in direct crypto holdings or crypto-focused venture equity strategies.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.