Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

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The new BITC ETF will use an “optimum roll” strategy to focus on long-term returns for investors. Bitwise Asset Management, Creators of the Bitwise Crypto Industry Innovators ETF and Bitwise Web3 ETF, have introduced a new “Bitwise Bitcoin Strategy Optimum Roll ETF” under the ticker BITC. According to the press release, the fund “was built to offer investors regulated, professionally managed exposure to bitcoin with a unique design that minimizes pricing inefficiencies that can emerge in bitcoin-linked ETFs focused on front-month or near-month futures contracts.” The ETF aims to address this by utilizing what it describes as an “optimum roll
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