Complete Filing Data
Bitwise Bitcoin ETF reported Assets Net of $3.37 billion for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Bitwise Bitcoin ETF did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Net Income * | -$344.4M | $1.59B |
| Operating Expenses | $8.1M | $4.6M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|
| Net Income * | $255.3M | $960.9M | -$453.2M | $134.2M | -$399.2M | $624.8M | $0.00 |
| Operating Expenses | $2.3M | $1.9M | $1.9M | $1.2M | $1.1M | $531.0K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Assets Net | $3.37B | $3.76B | $0.00 |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | $0.00 | $0.00 | $0.00 |
| Unrealized Gain Loss On Investments | -$299.2M | $1.64B | |
| Gain Loss On Investments | -$336.3M | $1.59B | |
| Liabilities | $14.4M | $9.4M | $0.00 |
| Common Stock No Par Value | $0.00 | $0.00 | $0.00 |
| Assets | $3.38B | $3.77B | $0.00 |
| Accrued Liabilities Current And Noncurrent | $597.0K | $684.0K | $0.00 |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $0.00 | $0.00 | |
| Percentage Of Net Assets | 100.0% | 100.0% | |
| Percentage Of Liabilities In Excess Of Assets | 0.0% | 0.0% | |
| Liabilities In Excess Of Other Assets | $597.0K | $684.0K | |
| Investment Owned Percent Of Net Assets | $1.00 | $1.00 | |
| Receivable For Creations | $0.00 | $8.7M | $0.00 |
| Payable For Bitcoin Purchased | $8.7M | ||
| Common Stock Value | |||
| Bitcoin Purchased Payable | $8.7M | $0.00 | |
| Capital Shares Receivable | |||
| Receivable For Bitcoin Sold | $13.8M | ||
| Payable For Redemptions | $13.8M | ||
| Capital Shares Payable | |||
| Bitcoin Sold Receivable | |||
| Additional Paid In Capital Common Stock | $200.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|---|
| Assets Net | $4.70B | $4.26B | $3.13B | $2.50B | $2.25B | $2.24B | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
| Unrealized Gain Loss On Investments | $263.7M | $940.5M | -$476.4M | $183.9M | -$374.6M | $625.0M | $0.00 | |
| Gain Loss On Investments | $257.6M | $962.8M | -$451.4M | $135.3M | -$398.5M | $625.0M | ||
| Liabilities | $70.9M | $669.0K | $20.4M | $10.0M | $241.0K | $67.4M | ||
| Common Stock No Par Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
| Assets | $4.77B | $4.26B | $3.15B | $2.51B | $2.25B | $2.31B | ||
| Accrued Liabilities Current And Noncurrent | $756.0K | $669.0K | $555.0K | $371.0K | $241.0K | $160.0K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $0.00 | $0.00 | $200.00 | |||||
| Percentage Of Net Assets | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | ||
| Percentage Of Liabilities In Excess Of Assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||
| Liabilities In Excess Of Other Assets | $756.0K | $669.0K | $555.0K | -$371.0K | -$241.0K | -$160.0K | ||
| Investment Owned Percent Of Net Assets | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | ||
| Receivable For Creations | $70.1M | $0.00 | $0.00 | |||||
| Payable For Bitcoin Purchased | $70.1M | $0.00 | $0.00 | |||||
| Common Stock Value | $72.38B | $68.85B | $58.11B | $4.0K | ||||
| Bitcoin Purchased Payable | $0.00 | $67.2M | ||||||
| Capital Shares Receivable | 0.00 | 67.2M | 0.00 | |||||
| Receivable For Bitcoin Sold | $19.9M | $0.00 | ||||||
| Payable For Redemptions | $19.9M | $0.00 | ||||||
| Capital Shares Payable | 9.7M | 0.00 | ||||||
| Bitcoin Sold Receivable | $9.7M | $0.00 | ||||||
| Additional Paid In Capital Common Stock |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Increase Decrease In Operating Assets | -$344.4M | $1.59B |
| Increase Decrease In Net Assets From Operations And Capital Share Transactions | $395.0M | -$3.76B |
| Net Cash Provided By Used In Operating Activities | $39.1M | -$2.17B |
| Net Cash Provided By Used In Financing Activities | -$39.1M | $2.17B |
| Proceeds From Issuance Of Common Stock | $2.42B | $3.89B |
| Proceeds From Disposition Of Investment Operating Activity | $2.34B | $1.53B |
| Payments For Repurchase Of Common Stock | $2.46B | $1.73B |
| Payments For Purchase Of Investment Operating Activity | $2.30B | $3.70B |
| Increase Decrease In Management And Incentive Fees Payable | -$87.0K | $684.0K |
| Proceeds From Issuance Or Sale Of Equity | ||
| Proceeds From Bitcoin Sold To Pay Expenses | ||
| Increase Decrease In Net Assets | ||
| Increase Decrease In Accrued Sponsors Fee |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|
| Increase Decrease In Operating Assets | $255.3M | $960.9M | -$453.2M | $134.2M | -$399.2M | $624.8M | $0.00 |
| Increase Decrease In Net Assets From Operations And Capital Share Transactions | -$442.0M | -$1.12B | $629.4M | -$252.7M | -$5.4M | -$2.24B | $200.00 |
| Net Cash Provided By Used In Operating Activities | $156.3M | -$1.62B | $0.00 | ||||
| Net Cash Provided By Used In Financing Activities | -$156.3M | $1.62B | $200.00 | ||||
| Proceeds From Issuance Of Common Stock | $690.6M | $1.62B | |||||
| Proceeds From Disposition Of Investment Operating Activity | $783.4M | $0.00 | |||||
| Payments For Repurchase Of Common Stock | $846.9M | $2.2M | |||||
| Payments For Purchase Of Investment Operating Activity | $627.1M | $1.62B | |||||
| Increase Decrease In Management And Incentive Fees Payable | -$129.0K | $160.0K | $0.00 | ||||
| Proceeds From Issuance Or Sale Of Equity | $200.00 | ||||||
| Proceeds From Bitcoin Sold To Pay Expenses | $0.00 | ||||||
| Increase Decrease In Net Assets | $200.00 | ||||||
| Increase Decrease In Accrued Sponsors Fee | $160.0K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Net Asset Value Per Share | $47.57 | $50.85 | $25.00 |
| Common Stock Shares Outstanding | 70.8M | 74.0M | 4.00 |
| Common Stock Shares Issued | 70.8M | 74.0M | 4.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|
| Net Asset Value Per Share | $62.20 | $58.61 | $44.87 | $34.57 | $32.67 | $38.62 |
| Common Stock Shares Outstanding | 75.6M | 72.6M | 69.8M | |||
| Common Stock Shares Issued | 75.6M | 72.6M | 69.8M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Realized Investment Gains Losses | $5.0M | $1.3M | |
| Realized Investment Gains Losses Related To Redemptions | -$42.1M | -$50.9M | |
| Investment Owned At Fair Value | $3.37B | $3.76B | $0.00 |
| Partners Capital Account Units Sale Of Units | $42.6M | $117.3M | |
| Partners Capital Account Units Redeemed | $45.8M | $43.3M | |
| Partners Capital Account Units Period Increase Decrease | -$3.2M | $74.0M | |
| Partners Capital Account Period Increase Decrease | $50.6M | -$2.18B | |
| Investment Income Net | -$8.1M | -$3.7M | |
| Sponsor Fees | $8.1M | $4.6M | |
| Partners Capital Account Sale Of Units | $2.42B | $3.90B | |
| Partners Capital Account Redemptions | $2.47B | $1.73B | |
| Investment Income | $0.00 | $0.00 | |
| Investment Company Expense Offset Arrangement | $0.00 | $906.0K | |
| Investment Company Expense After Reduction Of Fee Waiver And Reimbursement | $8.1M | $3.7M | |
| Investment Owned At Cost | $2.03B | $2.12B | |
| Transfer Of Bitcoin To Pay For Sponsor Fee | -$8.2M | -$3.0M | |
| Stock Issued During Period Value New Issues | $87.5K | $93.4K | |
| Initial Seed Capital Amount | $200.0K | ||
| Partners Capital Account Units | $4.00 | ||
| In-Kind Creations Of Bitcoin | $10.9M | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|
| Realized Investment Gains Losses | $1.5M | $1.0M | $1.2M | $359.0K | $228.0K | $6.0K | $0.00 |
| Realized Investment Gains Losses Related To Redemptions | -$7.5M | $21.3M | $23.9M | -$49.0M | -$24.2M | $0.00 | |
| Investment Owned At Fair Value | $4.70B | $4.26B | $3.13B | $2.50B | $2.25B | $2.24B | |
| Partners Capital Account Units Sale Of Units | $12.2M | $11.5M | $12.7M | $18.1M | $16.8M | $58.2M | $4.00 |
| Partners Capital Account Units Redeemed | $9.3M | $8.7M | $16.9M | $14.6M | $6.1M | $80.0K | $0.00 |
| Partners Capital Account Units Period Increase Decrease | $2.9M | $2.8M | -$4.2M | $3.5M | $10.7M | $58.1M | $4.00 |
| Partners Capital Account Period Increase Decrease | -$186.7M | -$164.1M | $176.2M | -$118.6M | -$404.6M | -$1.62B | $200.00 |
| Investment Income Net | -$2.3M | -$1.9M | -$1.9M | -$1.1M | -$650.0K | -$177.0K | $0.00 |
| Sponsor Fees | $2.3M | $1.9M | $1.9M | $1.2M | $1.1M | $531.0K | |
| Partners Capital Account Sale Of Units | $754.9M | $608.6M | $690.6M | $609.1M | $613.1M | $1.62B | |
| Partners Capital Account Redemptions | $568.2M | $444.5M | $866.7M | $490.5M | $208.5M | $2.2M | |
| Investment Income | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Investment Company Expense Offset Arrangement | $0.00 | $0.00 | $0.00 | $55.0K | $497.0K | $354.0K | |
| Investment Company Expense After Reduction Of Fee Waiver And Reimbursement | $2.3M | $1.9M | $1.9M | $1.1M | $650.0K | $177.0K | |
| Investment Owned At Cost | $2.33B | $2.15B | $1.97B | $2.07B | $2.00B | $1.62B | $1.62B |
| Transfer Of Bitcoin To Pay For Sponsor Fee | -$2.0M | -$18.0K | |||||
| Stock Issued During Period Value New Issues | $82.4K | ||||||
| Initial Seed Capital Amount | |||||||
| Partners Capital Account Units | |||||||
| In-Kind Creations Of Bitcoin |
Most recent annual filing with the SEC: March 2, 2026
Data sourced from SEC EDGAR public filings as of August 8, 2026.