Alternatives

Spot Crypto ETFs

These hold the coin itself in cold storage rather than mining or exchange equities. The only real differences are the fee, the custodian and how tight the spread is, so compare cost and liquidity, not strategy. Volatility is far higher than any equity fund here.

Theme performance

Equal-weighted across every fund in this objective

1Y: +34.4%
5Y ann.: +22.4%
10Y ann.: —
All-time ann.: —

Sort11 funds

iShares Bitcoin Trust ETF

iShares

Holds bitcoin directly with Coinbase custody. By far the largest and most liquid spot bitcoin fund.

Fee: 0.25%
AUM: $78.4B
Yield: 0.0%

1Y: +41.2%
5Y ann.: —
10Y ann.: —
Max ann.: —

Fidelity Wise Origin Bitcoin Fund

Fidelity

Spot bitcoin with Fidelity acting as its own custodian rather than outsourcing.

Fee: 0.25%
AUM: $21.6B
Yield: 0.0%

1Y: +41.0%
5Y ann.: —
10Y ann.: —
Max ann.: —

Grayscale Bitcoin Trust ETF

Grayscale

The original bitcoin trust, converted to an ETF. Same asset as its peers at roughly six times the fee.

Fee: 1.50%
AUM: $13.2B
Yield: 0.0%

1Y: +39.8%
5Y ann.: +22.4%
10Y ann.: —
Max ann.: —

iShares Ethereum Trust ETF

iShares

Spot ether, the largest of the ethereum funds by a wide margin.

Fee: 0.25%
AUM: $12.4B
Yield: 0.0%

1Y: +18.6%
5Y ann.: —
10Y ann.: —
Max ann.: —

ARK 21Shares Bitcoin ETF

ARK / 21Shares

Spot bitcoin from ARK and 21Shares, priced competitively with the largest funds.

Fee: 0.21%
AUM: $4.9B
Yield: 0.0%

1Y: +41.3%
5Y ann.: —
10Y ann.: —
Max ann.: —

Bitwise Bitcoin ETF

Bitwise

Spot bitcoin at one of the lowest fees, and the only major fund publishing its wallet addresses.

Fee: 0.20%
AUM: $4.1B
Yield: 0.0%

1Y: +41.4%
5Y ann.: —
10Y ann.: —
Max ann.: —

Fidelity Ethereum Fund

Fidelity

Spot ether with Fidelity self-custody.

Fee: 0.25%
AUM: $1.9B
Yield: 0.0%

1Y: +18.4%
5Y ann.: —
10Y ann.: —
Max ann.: —

VanEck Bitcoin ETF

VanEck

Spot bitcoin from VanEck; smaller and slightly wider spreads than the giants.

Fee: 0.20%
AUM: $1.4B
Yield: 0.0%

1Y: +41.1%
5Y ann.: —
10Y ann.: —
Max ann.: —

Bitwise Solana Staking ETF

Bitwise

Holds solana and stakes a portion of it, passing staking rewards into the fund's return.

Fee: 0.20%
AUM: $600M
Yield: 0.0%

1Y: -12.4%
5Y ann.: —
10Y ann.: —
Max ann.: —

Valkyrie Bitcoin Miners ETF

Valkyrie

Concentrated bitcoin mining equities, the highest-beta way to own the theme.

Fee: 0.75%
AUM: $300M
Yield: 0.0%

1Y: +61.2%
5Y ann.: —
10Y ann.: —
Max ann.: —

Bitwise Crypto Industry Innovators ETF

Bitwise

Pure-play crypto companies with at least 75% of revenue from digital assets.

Fee: 0.85%
AUM: $200M
Yield: 0.0%

1Y: +46.8%
5Y ann.: —
10Y ann.: —
Max ann.: —