BITB to BTC Calculator
Convert Bitwise Bitcoin ETF Trust (BITB) share prices, option strikes, and premiums to their Bitcoin equivalents using live market data.
FILED · 08-17
- Source
- Bitwise trust holdings (bitbetf.com)
- As of
- 2026-08-17
- Snapshot refreshed
- 2026-08-19
At or below the filed maximum — a fee-only trust's ratio can only decline between filings.
Current BITB ↔ BTC Parity
Live market data for reference.
Based on the BITB BTC-per-share ratio, calculated from Bitwise's published trust holdings and shares outstanding, updated daily.
Options Break-Even Calculator
"What BTC price does this contract need?"
Enter the option premium from your brokerage to calculate break-even.
Common BITB Strikes → BTC Prices
Quick reference for standard strikes. Enter premium above for break-even calculation.
| BITB Strike | BTC for ITM | vs. Current BTC |
|---|---|---|
| $30.00 | $55,279 | — |
| $35.00 | $64,492 | — |
| $40.00 | $73,706 | — |
| $45.00 | $82,919 | — |
| $50.00● Current | $92,132 | — |
| $55.00 | $101,345 | — |
| $60.00 | $110,558 | — |
| $65.00 | $119,772 | — |
| $70.00 | $128,985 | — |
| $75.00 | $138,198 | — |
| $80.00 | $147,411 | — |
FAQ
How do I convert BITB shares to Bitcoin?
Multiply your BITB shares by the BTC-per-share ratio shown above. The ratio updates daily from Bitwise’s fund holdings disclosures.
What is BITB’s expense ratio?
BITB charges 0.20%, making it one of the lower-cost Bitcoin ETFs. See our comparison of all Bitcoin ETF fees for more details.
Who custodies BITB’s Bitcoin?
Bitwise uses Coinbase Custody for its Bitcoin holdings, the same custodian used by most spot Bitcoin ETFs.
Can I trade options on BITB?
Yes, BITB has listed options available. Use the strike-to-BTC calculator above to convert any BITB option strike price to its implied Bitcoin value.
View BITB daily prices and charts, read the BITB ETF fact sheet, or see the BITB vs ARKB comparison. Convert IBIT shares and options with the IBIT to BTC calculator, or browse all Bitcoin ETF calculators.