BITQ - ETF AI Analysis
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Bitwise Crypto Industry Innovators ETF (BITQ)
Rating:55Neutral
Price Target:―
Positive Factors
Strong Year-To-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in the crypto-related sector.
Broad Crypto Industry Exposure
Holdings span exchanges, miners, and other crypto-focused companies, giving investors diversified access to the broader crypto ecosystem.
Several Strong-Performing Top Holdings
Multiple mid-sized positions, such as IREN, CIFR, GLXY, MARA, and HUT, have shown strong performance this year, helping support the fund’s overall returns.
Negative Factors
High Concentration in Financial Sector
Most of the portfolio is in crypto-related financial companies, which increases sensitivity to regulatory changes and market swings in that niche.
Weak Performance in Largest Holdings
Some of the biggest positions, including Coinbase and several other top holdings, have shown weak or lagging performance this year, which can drag on the ETF’s results.
Higher Expense Ratio
The fund’s expense ratio is relatively high compared with many broad-market ETFs, meaning more of the return is eaten up by fees.
BITQ vs. SPDR S&P 500 ETF (SPY)
AUM405.60M
RegionGlobal
Expense Ratio0.85%
Beta2.28
IssuerBitwise
Inception DateMay 11, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume96,453
30 Day Avg. Volume126,372
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
38.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BITQ Summary
BITQ, the Bitwise Crypto Industry Innovators ETF, focuses on companies tied to cryptocurrency and blockchain, rather than buying coins directly. It doesn’t track a traditional index, but follows the theme of the digital economy and crypto innovation, with most holdings in U.S. financial and technology firms. Well-known names include Coinbase and MicroStrategy, along with several crypto mining and blockchain infrastructure companies. An investor might choose BITQ for growth potential and to add crypto-related exposure to a stock portfolio. However, it is heavily tied to the crypto market, so its price can be very volatile and may rise or fall sharply.
How much will it cost me?The Bitwise Crypto Industry Innovators ETF (BITQ) has an expense ratio of 0.85%, meaning you’ll pay $8.50 per year for every $1,000 invested. This is higher than average because BITQ is actively managed to focus on the niche and rapidly evolving cryptocurrency and blockchain sector, which requires more specialized research and management.
What would affect this ETF?BITQ’s focus on cryptocurrency and blockchain innovation positions it to benefit from growing adoption of digital assets and advancements in blockchain technology, which could drive demand for its top holdings like Coinbase and Riot Platforms. However, regulatory changes or increased scrutiny on cryptocurrencies globally, along with potential volatility in the crypto market, could negatively impact the ETF’s performance. Additionally, broader economic conditions, such as interest rate hikes, may affect investor sentiment toward technology and financial sectors.
BITQ Top 10 Holdings
BITQ is essentially a high-octane bet on the crypto ecosystem, with most of its muscle in U.S.-listed financial and tech names tied to Bitcoin and mining. Coinbase is losing steam and acting as a noticeable drag, while MicroStrategy’s Bitcoin-heavy strategy has also been a weak spot. Offsetting that, miners like Riot Platforms, Hut 8, and Cipher Mining have been on a tear, giving the fund a strong tailwind. With a global mandate but a clear crypto-mining and infrastructure tilt, performance lives and dies with the broader digital asset cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Coinbase Global | 11.12% | $44.99M | $43.77B | -59.37% | 68 Neutral | |
| Strategy | 8.18% | $33.07M | $35.05B | -77.43% | 55 Neutral | |
| IREN | 7.85% | $31.76M | $14.73B | 123.70% | 64 Neutral | |
| Cipher Mining | 5.44% | $22.02M | $10.01B | 288.27% | 56 Neutral | |
| Hut 8 | 4.95% | $20.04M | $12.37B | 474.18% | ― | |
| BitMine Immersion Technologies | 4.94% | $19.98M | $10.70B | -60.26% | ― | |
| MARA Holdings | 4.80% | $19.43M | $4.73B | -26.01% | 64 Neutral | |
| Riot Platforms | 4.58% | $18.52M | $8.84B | 62.42% | 68 Neutral | |
| Galaxy Digital | 4.58% | $18.51M | $9.67B | -23.74% | ― | |
| Figure Technology Solutions, Inc. Class A | 4.23% | $17.10M | $6.62B | ― | 68 Neutral |
BITQ Technical Analysis
Negative
―
Price Trends
25.74
Negative
23.99
Negative
23.56
Negative
Market Momentum
-0.52
Negative
43.45
Neutral
70.58
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BITQ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 23.97, equal to the 50-day MA of 25.74, and equal to the 200-day MA of 23.56, indicating a bearish trend. The MACD of -0.52 indicates Negative momentum. The RSI at 43.45 is Neutral, neither overbought nor oversold. The STOCH value of 70.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BITQ.
BITQ Peer Comparison
Comparison Results
Performance Comparison
BITQ
Bitwise Crypto Industry Innovators ETF
23.29
2.35
11.22%
AGIX
KraneShares Artificial Intelligence & Technology ETF
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ALAI
Alger AI Enablers & Adopters ETF
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CCNR
CoreCommodity Natural Resources ETF
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TURF
T. Rowe Price Natural Resource ETF
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ILDR
First Trust Innovation Leaders ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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