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BITB

Bitwise Bitcoin ETF

Sector: financeAsset Management - CryptocurrencyAMEXMarket Cap: $3.22B

BITB is a spot Bitcoin exchange-traded fund (ETF) with $3.22B market cap; its primary political signal is a single executive branch holding by Tulsi Gabbard ($15K-$50K) and four congressional purchases by one member totaling $165K-$350K.

Next filing → your inbox
Govt Dependence
20/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
BULLISH

BusinessWhat BITB does

Bitwise Bitcoin ETF Trust (BITB) is a passively managed exchange-traded fund that holds physical Bitcoin, aiming to track the performance of the Bitcoin price. It generates revenue primarily through its management fee, charged as a percentage of assets under management. The fund operates within the digital asset investment product space, subject to SEC regulation as a securities product.

12 months past · 3 months futureBITB activity timeline

$70$51$31 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $68.27 hi $31.86 lo $43.14 CONGRESS 30 INSIDERS 0 13F FUNDS 14 BILLS 30 David McCormick (R) · Purchase · 2025-11-26David McCormick (R) · Purchase · 2025-11-28David McCormick (R) · Purchase · 2025-11-24David McCormick (R) · Purchase · 2025-11-25 Citadel Advisors · + $9M · 2025-12-31Citadel Advisors · - $8M · 2025-09-30Renaissance Technologies · + $4M · 2025-12-31Renaissance Technologies · - $1M · 2025-09-30 MARKUP · House Financial Services · 2026-09-15MARKUP · Senate Finance · 2026-09-15MARKUP · House Financial Services · 2026-09-16MARKUP · Senate Banking, Housing, and Urban Affairs · 2026-09-17MARKUP · House Financial Services Subcommittee on Financial Instituti · 2026-09-18
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
246 trading days · 4 congressional trades shown · 0 insider buys · 4 13F filings · 0 past bill actions · 5 upcoming markups

Executive Branch ConflictsBITB held by Trump-administration officials

1 cabinet/senior official reported BITB positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsBITB federal contracts

BITB doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding BITB

$9.4M
Total BITB held by tracked 13F funds
1
Funds with BITB positions
Citadel Advisors $9M +46% 4 overlap 2025-12-31

Politicians Trading BITBMembers of Congress with recent BITB positions

1 politicians traded BITB across 40 disclosed transactions totaling $2.0M (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just BITB). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading BITB

2025-11-26 David McCormick R-Pennsylvania · senate Purchase $50,001 - $100,000
2025-11-28 David McCormick R-Pennsylvania · senate Purchase $50,001 - $100,000
2025-11-24 David McCormick R-Pennsylvania · senate Purchase $50,001 - $100,000
2025-11-25 David McCormick R-Pennsylvania · senate Purchase $15,001 - $50,000
2025-03-31 David McCormick R-Pennsylvania · senate purchase $15,001 - $50,000
2025-04-03 David McCormick R-Pennsylvania · senate purchase $15,001 - $50,000
2025-03-31 David McCormick R-Pennsylvania · senate Purchase $15,001 - $50,000
2025-04-02 David McCormick R-Pennsylvania · senate purchase $15,001 - $50,000
2025-04-09 David McCormick R-Pennsylvania · senate purchase $15,001 - $50,000
2025-04-07 David McCormick R-Pennsylvania · senate purchase $15,001 - $50,000
2025-04-07 David McCormick R-Pennsylvania · senate Purchase $15,001 - $50,000
2025-04-02 David McCormick R-Pennsylvania · senate Purchase $15,001 - $50,000
30+ trades on file · most recent 2025-12-26

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting BITBLive legislation impacting this stock

Political ProfileWhere BITB sits in Washington

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STRUCTURAL: High regulatory density (85) due to finance sector and ETF structure, with 8 bills showing revenue impact. EVIDENTIARY: Single executive branch holding (Tulsi Gabbard, $15K-$50K) and four congressional purchases by one member ($165K-$350K total). Net: Modest evidentiary buying amid high structural regulatory exposure.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • SEC enforcement or rulemaking affecting crypto ETFs
    Securities and Exchange Commission (SEC)
    "Sector is finance with high regulatory density score; BITB is an ETF under SEC jurisdiction."
  • Legislative bills impacting digital asset regulations
    Congress
    "Recent bill_impacts shows 8 finance sector bills with impact_ratios 0.0007-0.0009, estimated revenue impacts $2.3M-$2.92M."

Regulatory opportunities

  • Potential regulatory clarity or approval of broader crypto ETF products
    Securities and Exchange Commission (SEC)
    "As a spot Bitcoin ETF, regulatory acceptance could expand product lines; but no direct evidence from data."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

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Frequently AskedAbout BITB & political exposure

Does Bitwise Bitcoin ETF (BITB) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Bitwise Bitcoin ETF. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own BITB stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in BITB on their OGE 278 financial disclosures, including Tulsi Gabbard. See the Cabinet Conflicts panel for details.
Has Congress traded BITB stock?
40 congressional trades by 1 unique members of Congress, most recently on 2025-11-28. See the Congressional Trading panel for politician-by-politician breakdown.
What is BITB political risk profile?
Government dependence: 20/100. Lobbying intensity: 0/100. Political signal: bullish. Donor party split: R 0% / D 0%.
How does GovGreed track BITB political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. BITB data is updated daily from these official federal sources.