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

Bitwise Bitcoin ETF posted quarterly Operating Expenses of $1.5 million for Q1 2026, down 21.13% year-on-year from $1.9 million in Q1 2025, and down 28.16% on a QoQ basis from $2.0 million in Q4 2025.

Bitwise Bitcoin ETF (BITB) has 3 years of Operating Expenses data on file, last reported at $1.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 21.13% year-over-year to $1.5 million; the trailing twelve-month figure through Mar 2026 stood at $7.7 million (up 31.04% YoY), and the FY2025 full-year result was $8.1 million, up 121.52% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.5 million, 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 $531000.0 in Q1 2024.
  • The 3-year median for Operating Expenses is $1.7 million (2024), against an average of $1.6 million.
  • The widest annual swing landed in 2025, when Operating Expenses jumped 250.28%; it then fell 21.13% in 2026.
  • A 3-year view of Operating Expenses shows it stood at $1.7 million in 2024, then climbed by 18.1% to $2.0 million in 2025, then slipped by 28.16% to $1.5 million in 2026.
  • The last three Operating Expenses figures came in at $1.5 million (Q1 2026), $2.0 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 1.47 Mn
Dec 31, 2025 2.04 Mn
Sep 30, 2025 2.34 Mn
Jun 30, 2025 1.89 Mn
Mar 31, 2025 1.86 Mn
Dec 31, 2024 1.73 Mn
Sep 30, 2024 1.17 Mn
Jun 30, 2024 1.15 Mn
Mar 31, 2024 531,000.00