Global X Bitcoin ETF (BITS)

Funds & ETFs

Global X Bitcoin ETF (BITS) is a spot Bitcoin ETF launched by Global X ETFs, a global ETF provider with over $50 billion AUM. Listed on NYSE Arca as part of the January 2024 wave of US spot Bitcoin ETF approvals, BITS provides physically-backed Bitcoin exposure with Coinbase Custody as its custodian. Global X is known for its thematic ETF lineup and brings its established distribution network to the growing Bitcoin ETF market in the United States.

Details

Aum: ~$29.9M
Note: Blockchain equity + BTC futures ETF (NASDAQ) — NOT spot Bitcoin. Invests in blockchain stocks and Bitcoin futures, not physical BTC.
Type: Spot Bitcoin ETF
Issuer: Global X
Ticker: BITS
Aum Usd: 95000000
Country: United States
Manager: Global X
Exchange: NASDAQ
Custodian: Coinbase Custody Trust Company, LLC; BitGo Trust Company, Inc. (dual)
Fund Type: spot_etf
Expense Ratio: 0.40%
Inception Date: 2022-05-12
Management Fee: 0.39%
Exchange Listed: NASDAQ

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