Bitwise Bitcoin ETF (BITB) Operating Expenses (2024 - 2026)

Bitwise Bitcoin ETF's Operating Expenses history runs 3 years deep, the most recent figure standing at $1.5 million for Q1 2026.

• Quarterly Operating Expenses fell 21.13% year-over-year to $1.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.7 million (up 32.27% YoY) and the FY2025 annual result came in at $8.1 million, up 77.67% from the prior year.
• Operating Expenses was $1.5 million for Q1 2026 at Bitwise Bitcoin ETF, down from $2.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $2.3 million in Q3 2025 and bottomed at $177000.0 in Q1 2024.
• A 3-year average of $1.5 million and a median of $1.7 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2025 — Operating Expenses soared 950.85% — and 2026, when it slipped 21.13%.
• Bitwise Bitcoin ETF's Operating Expenses stood at $1.7 million in 2024, then grew by 18.1% to $2.0 million in 2025, then dropped by 28.16% to $1.5 million in 2026.
• Business Quant data shows BITB's Operating Expenses at $1.5 million in Q1 2026, $2.0 million in Q4 2025, and $2.3 million in Q3 2025.