BITC
ETFBitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF
One email when a drop — in price or in valuation — is historically rare for BITC. Otherwise we stay quiet.
Rare — pay attention.
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF is 29.1% off its high, 687 days in — deeper than the vast majority of its 27 recorded drawdowns. This is the kind of decline the severity score exists to flag.
Strong
Current Drawdown
-29.1%
Days in Drawdown
687
Avg Max Drawdown
6.3%
Avg Length
22
Drawdown Severity Score™
5.3
BITC - Price & High Water Mark
BITC - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) Analysis: Current Drawdown Insights
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF is currently in a drawdown that is unusual by its own historical standards. As of 2026-11-13, the fund is trading at $37.62, which represents a 29.1% decline from its all-time high of $53.04. This drawdown has persisted for 687 days.
BITC by the numbers
- The last time BITC fell this far was the decline that began in Mar 2024. It bottomed at 31% and took 8 months to get back to its high.
- Only 1 decline since 2023 went deeper than today's 29%.
- Over the past 4 years, BITC spent 14% of trading days further below its high than it is now.
- Since 2023, BITC has fallen 20% or more 2 times, about one every 2 years, and 30% or more 1 time.
The Drawdown Severity Score™ for Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF currently stands at 5.32. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.
New to drawdowns? Read what a drawdown is.
📜 Historical Drawdown Events
Current drawdown shown in blue. Below are 11 of BITC's larger declines from its 27 tracked pullbacks, newest first.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2024-12-26 | Ongoing | 687 days | -29.1% | $53.04 | $37.62 | n/a |
| 2024-12-09 | 2024-12-13 | 5 days | -5.2% | $50.43 | $47.79 | $50.53 |
| 2024-11-25 | 2024-12-06 | 12 days | -8.3% | $49.45 | $45.34 | $50.43 |
| 2024-03-14 | 2024-11-11 | 243 days | -31.3% | $39.03 | $26.83 | $43.35 |
| 2024-03-05 | 2024-03-08 | 4 days | -8.9% | $36.19 | $32.95 | $36.72 |
| 2024-01-09 | 2024-02-09 | 32 days | -17.3% | $25.22 | $20.87 | $25.29 |
| 2023-12-11 | 2024-01-08 | 29 days | -8.8% | $24.23 | $22.11 | $25.22 |
| 2023-11-13 | 2023-11-15 | 3 days | -5.9% | $20.52 | $19.30 | $20.64 |
| 2023-07-14 | 2023-10-24 | 103 days | -23.1% | $17.95 | $13.81 | $18.59 |
| 2023-04-14 | 2023-06-23 | 71 days | -17.3% | $17.45 | $14.43 | $17.66 |
| 2023-03-24 | 2023-03-31 | 8 days | -5.1% | $16.43 | $15.59 | $16.45 |
| 2023-03-22 | 2023-03-23 | 2 days | -5.7% | $16.34 | $15.41 | $16.43 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Know the Moment Severity Changes
Since 2016, 75% of 1,149 Strong Buy and Ultra Buy alerts are in profit, up 199% on average vs 141% for the S&P 500 over the same windows (typical alert +84% vs +110%).
See every alert, losers included • Simulated, past results do not predict future results
Monitor 3 stocks free · No credit card required
Or explore current drawdowns:
BITC Price History and Drawdown Data
Latest price
$37.62
High-water mark
$53.04
Current drawdown
-29.1%
Days in drawdown
687
What History Says About BITC
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF has dropped 10%+ from its high 4 times in its tracked history. These events lasted an average of 112 days with an average max drop of -22.2%.
The current drawdown of -29.1% has lasted 687 days, which is 6.1x the average duration of comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Mar 2024 to Nov 2024 | -31.3% | 243 days |
| Jul 2023 to Oct 2023 | -23.1% | 103 days |
| Apr 2023 to Jun 2023 | -17.3% | 71 days |
| Jan 2024 to Feb 2024 | -17.3% | 32 days |
Past Strong Buy alerts for BITC
In our simulation, BITC has not had a Strong Buy or Ultra Buy alert since 2016.
See the full track record, losers includedPut BITC on your shopping list
We stay quiet on normal days. One free email on the rare day Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF falls further than it almost ever falls — the day that may be worth your attention.
Related Articles
BITC Recovers: How This Drawdown Compares to Its Past
Aug 22, 2026 · 5 min read
BITC's 33% Pullback: Historical Context
Aug 15, 2026 · 5 min read
ETFs in a similar drawdown
These are the tracked ETFs whose current drawdown from their prior high is closest to BITC's. Percentages are each one's current drawdown. This is a comparison list, not a recommendation.
- GDXVanEck Gold Miners ETF-29.5% current drawdown
- ETHBIshares Staked Ethereum Trust ETF-29.6% current drawdown
- BRAZGlobal X Brazil Active ETF-28.3% current drawdown
- GLDSPDR Gold Shares-28.3% current drawdown
- BARGraniteShares Gold Trust-28.2% current drawdown
- HYPGolden Eagle Dynamic Hypergrowth ETF-30.2% current drawdown
ETFs that usually fall about as much as BITC
Ranked by the average size of each one's declines from a high over its tracked history. BITC's average is 6.3%. This is a comparison list, not a recommendation.
- DRAMRoundhill Memory ETF5.5%average decline
- WTAIWisdomTree Artificial Intelligence and Innovation Fund5.8%average decline
- SOXQInvesco PHLX Semiconductor ETF5.8%average decline
- HYPGolden Eagle Dynamic Hypergrowth ETF6.5%average decline
- UFOProcure Space ETF6.5%average decline
- TQQQProShares UltraPro QQQ7.0%average decline
Learn More About Drawdowns
What is a Drawdown?
Definition, formula, and real examples
Biggest Drawdowns Ranked
How this asset's decline compares with the deepest in the tracked record
S&P 500 Drawdown History
Every major index decline with depth, duration, and recovery
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
Technical details behind the data
The Drawdown Severity Score
Our proprietary scoring algorithm explained
Latest Analysis
Blog posts and market commentary
Signal of the Day
A daily drawdown signal from the full market database
Explore All Tickers
Browse stocks, ETFs, and crypto drawdowns
About this data
- Source
- Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
- Coverage
- Mar 21, 2023 to Nov 13, 2026, about 4 years. 27 declines from a high recorded for BITC.
- Updated
- After each U.S. trading day closes. This page shows the close of Nov 13, 2026.
- How it's calculated
- A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.
Published by DrawdownAlerts. Historical facts only, not investment advice.