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

Bitwise Bitcoin ETF (BITB) reported Operating Expenses of $1.5 million for Q1 2026, down 21.13% on a YoY basis from $1.9 million in Q1 2025, and down 28.16% quarter-over-quarter from $2.0 million in Q4 2025.

Bitwise Bitcoin ETF (BITB) Operating Expenses (2024 - 2026) Analysis & Trends

Bitwise Bitcoin ETF has reported Operating Expenses for 3 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $2.3 million in Q3 2025, with the low at $531000.0 in Q1 2024.
  • Historically, Operating Expenses has averaged $1.6 million across 3 years, with a median of $1.7 million in 2024.
  • Annual changes were most pronounced in 2025 — Operating Expenses jumped 250.28% — and 2026, when it fell 21.13%.
  • Bitwise Bitcoin ETF's Operating Expenses stood at $1.7 million in 2024, then advanced by 18.1% to $2.0 million in 2025, then decreased 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.

Peer Comparison

Historic Data

Download Data
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