Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Bitwise 10 Crypto Index ETF files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Operating expenses
0.56
1.88
23.1
13.4
12.9
25.8
33.5
Income tax
0
0
0
0
0
0
Net income
5.5
154
417
-666
393
665
-166
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.74
18.5
0.66
0
0.08
0.02
Total assets
375
977
309
703
1,369
1,049
Total liabilities
1.52
2.11
0.65
1.46
2.85
18.9
Paid-in capital
243
428
428
428
428
Total liabilities and equity
375
Shares outstanding
15.1
20.2
20.2
20.2
20.2
17.5
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
5.5
154
417
-666
393
665
-166
Cash from operations
-0.66
0.08
153
Stock issued
1.31
Share buybacks
-154
Cash from financing
-153
Net change in cash
-0.66
0.08
-0.06
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $55.50 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-106.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
-125.0%
Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
201,066.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-23.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
50.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
22.9%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Market cap + total debt - cash - short-term investments.
Earnings yield
-72.0%
Net income / market cap (the inverse of P/E).
Was Bitwise 10 Crypto Index ETF profitable in fiscal 2025?
No. It reported a net loss of $165.9M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.