Bitwise 10 Crypto Index Fund (BITW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BITW SEC filings page.
This page shows Bitwise 10 Crypto Index Fund (BITW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Asset-value swings, not operating sales, dominate reported results while the fund maintains minimal liabilities and returns capital through repurchases.
In FY2025, a net loss of-$165.9M arrived alongside operating cash flow of$152.9M , reversing the near-zero cash generation reported in FY2024. That gap, alongside the swing from$664.6M net income in FY2024, indicates reported earnings are more sensitive to asset-value accounting than to a recurring operating engine.
The fund is overwhelmingly equity-backed: FY2025 liabilities were
The share buyback of
Financial Health Signals
Bitwise 10 Crypto Index Fund does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Bitwise 10 Crypto Index Fund passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
Bitwise 10 Crypto Index Fund reported a net loss of $165.9M while generating $152.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Bitwise 10 Crypto Index Fund reported -$99.3M in net income in Q2 2026. This represents a decrease of 131.5% from the same quarter a year earlier. Against the prior quarter it is up 58.7%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Bitwise 10 Crypto Index Fund held $93K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Bitwise 10 Crypto Index Fund's ROE was -18.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 40.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 16.8 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Bitwise 10 Crypto Index Fund spent $49.7M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 61.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
BITW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BITW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $533.1M-62.7% | $679.1M-39.0% | $1.0B-23.4% | $1.6B+74.5% | $1.4B+50.2% | $1.1B-1.1% | $1.4B+94.8% | $936.7M+106.4% |
| Cash & Equivalents | $93K+125575.7% | $6K+598.5% | $15K-80.5% | $1K+95.3% | $74-100.0% | $859+92.6% | $77K+8333.7% | $766-99.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $352K-88.2% | $837K-63.9% | $18.9M+563.8% | $3.4M+28.0% | $3.0M+50.2% | $2.3M-1.1% | $2.9M+94.7% | $2.7M+180.3% |
| Total Equity | $532.8M-62.6% | $678.2M-38.9% | $1.0B-24.6% | $1.6B+74.6% | $1.4B+50.2% | $1.1B-1.1% | $1.4B+94.8% | $934.0M+106.3% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
BITW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid.
BITW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -18.6%-40.8pp | -35.4%-12.4pp | N/A | 12.6%+14.2pp | 22.1%+40.5pp | -23.0%-60.6pp | N/A | -1.6%+13.9pp |
| Return on Assets | -18.6%-40.7pp | -35.4%-12.4pp | N/A | 12.6%+14.1pp | 22.1%+40.4pp | -23.0%-60.5pp | N/A | -1.6%+13.9pp |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.020.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Where Bitwise 10 Crypto Index Fund Ranks
Frequently Asked Questions
Is Bitwise 10 Crypto Index Fund profitable?
No, Bitwise 10 Crypto Index Fund (BITW) reported a net income of -$165.9M in fiscal year 2025.
What is Bitwise 10 Crypto Index Fund's return on equity (ROE)?
Bitwise 10 Crypto Index Fund (BITW) has a return on equity of -16.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Bitwise 10 Crypto Index Fund's operating cash flow?
Bitwise 10 Crypto Index Fund (BITW) generated $152.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Bitwise 10 Crypto Index Fund's total assets?
Bitwise 10 Crypto Index Fund (BITW) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Bitwise 10 Crypto Index Fund's debt-to-equity ratio?
Bitwise 10 Crypto Index Fund (BITW) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bitwise 10 Crypto Index Fund's return on assets (ROA)?
Bitwise 10 Crypto Index Fund (BITW) had a return on assets of -15.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Bitwise 10 Crypto Index Fund's Piotroski F-Score?
Bitwise 10 Crypto Index Fund (BITW) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Bitwise 10 Crypto Index Fund's earnings high quality?
Bitwise 10 Crypto Index Fund (BITW) reported a net loss of $165.9M while generating $152.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.