BITQ - ETF AI Analysis
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Bitwise Crypto Industry Innovators ETF (BITQ)
Rating:56Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and in recent months, indicating positive momentum in its underlying holdings.
Top Holdings Mostly Performing Well
Most of the largest positions have delivered strong year-to-date results, which has been a key driver of the fund’s overall performance.
Global but U.S.-Focused Exposure
While the ETF is mainly invested in U.S. companies, it also includes smaller positions in several other countries, adding some international diversification.
Negative Factors
High Concentration in a Few Stocks
The top holdings each make up a meaningful slice of the portfolio, so weakness in just a few companies could significantly impact returns.
Heavy Tilt Toward Crypto-Linked Financials
With most assets in financial and crypto-related businesses, the fund is highly sensitive to swings in the crypto and related equity markets.
Relatively High Expense Ratio
The fund’s management fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
BITQ vs. SPDR S&P 500 ETF (SPY)
AUM415.63M
RegionGlobal
Expense Ratio0.85%
Beta2.12
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. Volume137,400
30 Day Avg. Volume203,208
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
33.68Price 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 follows the Bitwise Crypto Innovators 30 Index. It focuses on companies tied to cryptocurrency and blockchain, mainly in the financial and technology sectors. Many holdings are crypto miners and firms building crypto infrastructure, such as Riot Platforms and Cleanspark. Someone might invest in BITQ if they believe the digital economy and crypto-related businesses will grow over time and want a simple way to spread their bet across many crypto-focused companies. A key risk is that it can be very volatile and may rise or 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 leveraged bet on the crypto mining and Bitcoin ecosystem, with a heavy tilt toward financial and tech names tied to digital assets. High‑octane miners like Hut 8, TeraWulf, and Marathon are powering recent gains, riding the latest wave of crypto enthusiasm, while Core Scientific and BitMine look more like dead weight, held back by financial strains and weaker momentum. MicroStrategy remains a key swing factor, rising with Bitcoin and amplifying volatility. With a global remit but crypto‑centric focus, this fund lives and dies by the digital asset cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| IREN | 10.65% | $47.11M | $16.80B | 656.81% | 64 Neutral | |
| Strategy | 10.24% | $45.30M | $59.21B | -54.18% | 55 Neutral | |
| Hut 8 | 5.87% | $25.97M | C$11.67B | 469.70% | 56 Neutral | |
| TeraWulf Inc | 5.67% | $25.07M | $9.66B | 609.60% | 50 Neutral | |
| Core Scientific Inc | 5.16% | $22.84M | $6.59B | 156.07% | 46 Neutral | |
| MARA Holdings | 5.08% | $22.45M | $4.43B | -20.20% | 64 Neutral | |
| Cipher Mining | 4.85% | $21.45M | $7.37B | 493.46% | 56 Neutral | |
| Cleanspark | 4.84% | $21.40M | $3.26B | 42.94% | 73 Outperform | |
| Riot Platforms | 4.69% | $20.76M | $7.06B | 139.58% | 68 Neutral | |
| BitMine Immersion Technologies | 4.15% | $18.36M | $11.90B | 169.38% | ― |
BITQ Technical Analysis
Positive
―
Price Trends
21.23
Positive
21.33
Positive
22.37
Positive
Market Momentum
0.88
Positive
60.12
Neutral
38.60
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BITQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 23.00, equal to the 50-day MA of 21.23, and equal to the 200-day MA of 22.37, indicating a bullish trend. The MACD of 0.88 indicates Positive momentum. The RSI at 60.12 is Neutral, neither overbought nor oversold. The STOCH value of 38.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BITQ.
BITQ Peer Comparison
Comparison Results
Performance Comparison
BITQ
Bitwise Crypto Industry Innovators ETF
24.26
9.54
64.81%
GII
SPDR S&P Global Infrastructure ETF
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BKGI
BNY Mellon Global Infrastructure Income ETF
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TRFK
Pacer Data and Digital Revolution ETF
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DAPP
VanEck Digital Transformation ETF
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FDIG
Fidelity Crypto Industry and Digital Payments 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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