BITQ - ETF AI Analysis

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Bitwise Crypto Industry Innovators ETF (BITQ)

Rating:62Neutral

Price Target:―

BITQ’s rating suggests it is a reasonably solid but volatile way to invest in companies tied to the crypto and digital asset industry. Strong holdings like Galaxy Digital, Coinbase, and Riot Platforms support the fund through solid profitability, strategic growth in digital assets and AI, and expanding platforms, while weaker names such as Core Scientific and TeraWulf, which face high debt, negative equity, and profitability issues, drag on the overall quality. The main risk is the fund’s heavy focus on crypto-related businesses, which are highly sensitive to market swings, regulation, and cash flow pressures.

Positive Factors

Strong Recent Year-to-Date Performance

The ETF has delivered solid gains so far this year, showing strong participation in the crypto-related rally.

Top Holdings with Strong Momentum

Several of the largest positions, especially in crypto miners and related firms, have shown strong year-to-date performance, helping drive the fund higher.

Focused but Global Footprint

While the fund is mainly U.S.-based, it still includes exposure to Canada and parts of Asia, adding some international diversification within the crypto industry theme.

Negative Factors

High Expense Ratio

The fund charges relatively high annual fees, which can eat into long-term returns compared with lower-cost ETFs.

Concentrated Sector Exposure

Most of the portfolio is in financial and technology companies tied to crypto, making the ETF highly sensitive to swings in this single industry.

Heavy Reliance on a Small Group of Stocks

A handful of holdings make up a large share of the fund, so weak performance in just a few names could significantly hurt overall returns.

BITQ vs. SPDR S&P 500 ETF (SPY)

AUM357.62M

RegionGlobal

Expense Ratio0.85%

Beta2.15

IssuerBitwise

Inception DateMay 11, 2021

Dividend YieldN/A

Asset ClassEquity

Index TrackedBitwise Crypto Innovators 30 Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume523,890

30 Day Avg. Volume270,971

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

32.92

Price Target Upside― Downside

Rating ConsensusStrong Buy

Number of Analyst Covering31

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

BITQ Summary

BITQ is the Bitwise Crypto Industry Innovators ETF, which tracks the Bitwise Crypto Innovators 30 Index. It focuses on companies tied to cryptocurrency and blockchain, mainly in the U.S. This includes well-known names like Coinbase and Galaxy Digital, along with crypto miners and other firms building the digital asset infrastructure. Someone might invest in BITQ if they want growth potential from the long-term rise of crypto and a way to spread that bet across many companies instead of picking just one. A key risk is that it can be very volatile and tends to rise and fall sharply with the crypto market.

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 a heavy tilt toward financial and tech names tied to digital assets and mining. MicroStrategy and Coinbase, both recently lagging, have been more of a headwind, reflecting choppy sentiment around Bitcoin and trading activity. In contrast, miners and infrastructure plays like IREN, Hut 8, Riot, and Applied Digital have been rising, helping to pull the fund forward despite their own profitability quirks. With a global mix of holdings but a very narrow crypto theme, this ETF lives and dies by the digital asset cycle.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
MSTR	Strategy	8.27%	$28.80M	$36.23B	-62.67%	55 Neutral
CRCL	Circle Internet Group, Inc. Class A	7.94%	$27.63M	$13.62B	―	64 Neutral
COIN	Coinbase Global	6.67%	$23.22M	$41.31B	-44.15%	68 Neutral
APLD	Applied Digital Corporation	6.20%	$21.57M	$10.23B	301.76%	54 Neutral
HUT	Hut 8	6.13%	$21.33M	C$7.81B	148.88%	56 Neutral
WULF	TeraWulf Inc	5.84%	$20.34M	$6.71B	227.81%	50 Neutral
IREN	IREN	5.61%	$19.51M	$14.16B	227.98%	64 Neutral
CORZ	Core Scientific Inc	5.59%	$19.46M	$5.61B	44.60%	46 Neutral
RIOT	Riot Platforms	5.24%	$18.23M	$5.50B	20.62%	68 Neutral
CIFR	Cipher Mining	4.46%	$15.54M	$6.43B	168.65%	56 Neutral

BITQ Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

21.81

Negative

100DMA

23.84

Negative

200DMA

21.44

Negative

Market Momentum

MACD

-0.87

Positive

RSI

41.75

Neutral

STOCH

49.30

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 21.56, equal to the 50-day MA of 21.81, and equal to the 200-day MA of 21.44, indicating a bearish trend. The MACD of -0.87 indicates Positive momentum. The RSI at 41.75 is Neutral, neither overbought nor oversold. The STOCH value of 49.30 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
BITQ	―	―	$357.62M	0.85%	―
IVES	―	―	$991.57M	0.75%	―
TRFK	―	―	$457.62M	0.49%	―
DAPP	―	―	$286.53M	0.52%	―
FDIG	―	―	$240.99M	0.39%	―
SOCL	―	―	$117.41M	0.65%	―

Performance Comparison

BITQ

Bitwise Crypto Industry Innovators ETF

18.58

0.19

1.03%

IVES

Dan IVES Wedbush AI Revolution ETF

―

TRFK

Pacer Data and Digital Revolution ETF

―

DAPP

VanEck Digital Transformation ETF

―

FDIG

Fidelity Crypto Industry and Digital Payments ETF

―

SOCL

Global X Social Media ETF

―

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.

Disclaimer

This 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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