{ "crd_number": 317943, "slug": "bitwise-investment-manager-llc-san-francisco-ca-317943", "primary_business_name": "BITWISE INVESTMENT MANAGER, LLC", "legal_name": "BITWISE INVESTMENT MANAGER, LLC", "dbas": [], "city": "San Francisco", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-09-27", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-06-30", "carried_forward": false, "raum_total": 721822353.0, "raum_discretionary": 721822353.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 26, "advisory_employees": 6, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 698010982.0, "count": 11 }, "pooled_investment_vehicles": { "raum": 23811371.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "other", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA" ], "websites": [ "https://aethetf.com", "https://bitcetf.com", "https://bitqetf.com", "https://bitwiseinvestments.com", "https://bproetf.com", "https://btopetf.com", "https://icoietf.com", "https://icrcetf.com", "https://iethetf.com", "https://igmeetf.com", "https://imraetf.com", "https://imstetf.com", "https://linkedin.com/company/bitwise-asset-management", "https://ownbetf.com", "https://x.com/Bitwise" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317943", "city_as_filed": "SAN FRANCISCO", "url": "https://advisorcensus.com/firm/bitwise-investment-manager-llc-san-francisco-ca-317943", "display_name": "Bitwise Investment Manager, LLC", "summary": "Bitwise Investment Manager, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.", "citation": "AdvisorCensus. Bitwise Investment Manager, LLC (CRD 317943): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Other" ], "quick_answers": [ { "q": "How is Bitwise Investment Manager, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Bitwise Investment Manager, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Bitwise Investment Manager, LLC located?", "a": "Bitwise Investment Manager, LLC's principal office is in San Francisco, CA, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Bitwise Investment Manager, LLC registered with the SEC or a state?", "a": "Bitwise Investment Manager, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 317943." }, { "q": "How much does Bitwise Investment Manager, LLC manage?", "a": "Bitwise Investment Manager, LLC reports $721,822,353 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary)." }, { "q": "How have Bitwise Investment Manager, LLC's assets and staff changed since 2022?", "a": "In the Form ADV data for Bitwise Investment Manager, LLC: Regulatory assets under management: $10,857,403 in the October 2022 data and $721,822,353 in the October 2026 data, up 6548%. Total employees: 4 in October 2022 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Bitwise Investment Manager, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (11); pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Does Bitwise Investment Manager, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/317943" }, { "q": "What changed in Bitwise Investment Manager, LLC's recent Form ADV filings?", "a": "In the July 2026 filing data: Employees performing advisory functions went from 8 to 6. Regulatory assets under management went from $500,786,292 to $721,822,353 (+44%)." } ], "filing_history": [ { "period": "2022-10-01", "regulatory_assets_under_management": 10857403.0, "total_employees": 4, "filing_date": "2022-09-08" }, { "period": "2023-10-01", "regulatory_assets_under_management": 17464276.0, "total_employees": 13, "filing_date": "2023-06-28" }, { "period": "2024-10-01", "regulatory_assets_under_management": 37211230.0, "total_employees": 12, "filing_date": "2024-03-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 67752562.0, "total_employees": 11, "filing_date": "2025-03-10" }, { "period": "2026-10-01", "regulatory_assets_under_management": 721822353.0, "total_employees": 26, "filing_date": "2026-06-30" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Employees performing advisory functions went from 8 to 6.", "Regulatory assets under management went from $500,786,292 to $721,822,353 (+44%)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 7 to 8.", "Regulatory assets under management went from $67,752,562 to $500,786,292 (+639%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in NY." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/bitwise-investment-manager-llc-san-francisco-ca-317943.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 11, "fewer_than_5": false, "raum": 698010982.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 23811371.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317943", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }