Bitwise Bitcoin ETF (BITB) Cost Basis
What did BITB pay for its coins?
The average price BITB paid for the Bitcoin it holds, set against Bitcoin's price.
What BITB paid, and Bitcoin's price
The average price BITB paid for the Bitcoin it still holds, beside Bitcoin's own price. The price line is Bitcoin's closing price each day, the same price the money held is valued at. Estimates. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact.
Inspect and compare dates
Pick two dates to compare what BITB had paid for Bitcoin with Bitcoin's price on each.
| Measure | Change | Relative change | ||
|---|---|---|---|---|
| Average buy price | $80,250 | $80,246 | −$4.00 | −0.0% |
| Bitcoin price | $85,550 | $75,747 | −$9,803 | −11.5% |
Right now
On average BITB paid about $80,246 a coin for the Bitcoin it holds. At $75,747, Bitcoin is about 5.6% below that.
Is BITB in profit?
As of 6 Nov 2026.
Coins in profit
Of the Bitcoin the fund holds, the share worth more today than it cost.
48% of the Bitcoin in BITB is worth more today than it cost. Taken together, the fund is behind on what it paid.
How much of this can we see?
We can see a buy price for 97% of the coins BITB holds.
What has Bitcoin's price done lately?
As of 6 Nov 2026.
Price now
Past week
Down
Past month
Down
Over the past month a net $33 million left BITB, and Bitcoin's price fell 11%. Fund money is one part of what moves a price, so read those as two facts side by side rather than one causing the other.
Understanding
Bitwise Bitcoin ETF (BITB) Cost Basis
Where it stands today
Bitwise Bitcoin ETF (BITB) paid an average of about $80,246 a coin for the Bitcoin it holds as of .
At $75,747, Bitcoin's price was about 5.6% below that as of .
48% of the Bitcoin in BITB was worth more than it cost as of .
Cost basis is the average price BITB paid for the coins it holds. It works like your own average buy price: when Bitcoin's price is above it, the fund is ahead on paper, and when it is below, it is behind.
The Worth vs. paid tab divides Bitcoin's price by that average. Above 1.0 the coins are worth more than the fund paid for them, and below 1.0 they are worth less. It is the same comparison as the two lines on the Buy price tab, as one number.
Coins in profit counts the Bitcoin the fund holds that are worth more today than they cost, as a share of all of them.
The numbers
behind the chart
What does the current reading show?
Average buy price: the latest reading is $80,246, on . The highest reading since is $82,895 on ; the lowest is $41,495 on .
Bitcoin price: the latest reading is $75,747, on . The highest reading since is $124,697 on ; the lowest is $39,548 on .
Worth vs. paid: the latest reading is 0.94x, on . The highest reading since is 1.67x on ; the lowest is 0.72x on .
The average price BITB paid for the Bitcoin it held on each day, the Worth vs. paid figure, and Bitcoin's closing price that day.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Average buy price | $80,246 | $82,895 | $41,495 |
| Bitcoin price | $75,747 | $124,697 | $39,548 |
| Worth vs. paid | 0.94x | 1.67x | 0.72x |
How do the readings compare with earlier dates?
| Reference date | Average buy price | Bitcoin price | Worth vs. paid |
|---|---|---|---|
| 1 month ago | $80,250 | $85,550 | 1.07x |
| 3 months ago | $80,633 | $64,267 | 0.80x |
| 6 months ago | $81,384 | $81,444 | 1.00x |
| 1 year ago | $81,861 | $101,318 | 1.24x |
| 2 years ago | $59,121 | $75,611 | 1.28x |
What was the reading at each month’s end?
| Reading date | Average buy price | Bitcoin price | Worth vs. paid |
|---|---|---|---|
| $80,268 | $77,204 | 0.96x | |
| $80,250 | $83,565 | 1.04x | |
| $80,212 | $78,571 | 0.98x | |
| $80,804 | $62,826 | 0.78x | |
| $81,224 | $58,532 | 0.72x | |
| $81,382 | $73,373 | 0.90x | |
| $81,416 | $76,327 | 0.94x | |
| $81,651 | $68,250 | 0.84x | |
| $81,961 | $65,870 | 0.80x | |
| $82,895 | $84,192 | 1.02x | |
| $82,060 | $87,568 | 1.07x | |
| $81,929 | $90,897 | 1.11x | |
| $81,741 | $109,580 | 1.34x | |
| $79,883 | $114,057 | 1.43x | |
| $77,062 | $108,378 | 1.41x | |
| $75,757 | $115,758 | 1.53x | |
| $73,477 | $107,160 | 1.46x | |
| $71,151 | $104,017 | 1.46x | |
| $70,346 | $94,176 | 1.34x | |
| $69,063 | $82,544 | 1.20x | |
| $68,753 | $84,330 | 1.23x | |
| $68,176 | $102,421 | 1.50x | |
| $63,684 | $93,479 | 1.47x | |
| $62,013 | $97,475 | 1.57x |
Source: The money going into and out of BITB each trading day, and Bitcoin's price. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact. Reading for .