Bitwise's BITQ ETF Surpasses $100M in Assets, Providing Equity Exposure to Leading Crypto Companies

07/13 16:30

Bitwise Asset Management's BITQ Crypto Industry Innovators ETF has exceeded $100 million in assets under management, providing investors with exposure to the bitcoin and digital asset sector through leading "pure-play" crypto companies. The ETF tracks an index created by Bitwise that includes top companies driving the fast-growing crypto economy, with at least 85% of holdings being "pure-play" firms. Although the BITQ ETF will not directly invest in crypto assets or initial coin offerings, it may have indirect exposure through investments in Crypto Industry Innovators that use or hold crypto assets. Investors should be aware of the risks associated with non-diversified and international investments, as well as the high volatility and potential losses that come with investing in the developing technology behind crypto assets and blockchain. The ETF is distributed by SEI Investments Distribution Co. and its performance data is available by calling 1-833-365-BITQ.

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