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OverviewAPI
Bitwise Asset Management is set to launch the Bitwise Bitcoin ETF (BITB) on January 11 with a low-cost management fee of 0.20% and a fee set to 0% for the first six months. The fund aims to hold bitcoin directly with Coinbase Custody Trust Company, LLC. Bitwise also announced that it will donate 10% of BITB's profits to non-profit organizations supporting Bitcoin open-source development.

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