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Author: Admin | 2025-04-27
Up to $700when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.Learn MoreLearn MoreLearn MoreWhat is a Bitcoin strategy ETF? Bitcoin strategy ETFs attempt to track the price of Bitcoin indirectly. Many started trading well before the first spot Bitcoin ETF approvals, and they're still available today. Some invest in Bitcoin futures, while others invest in Bitcoin mining stocks. Due to the indirect nature of these investments, these funds' returns are especially prone to deviating from the returns of Bitcoin. Top 8 Bitcoin strategy ETFs by feeBelow is a list of Bitcoin strategy ETFs and their fees, in order from lowest to highest fee:Fund name & symbolFeeNotesGlobal X Blockchain & Bitcoin Strategy ETF (BITS)0.65%Mostly invested in Bitcoin futures. Also invested in the Global X Blockchain ETF (BKCH).Valkyrie Bitcoin Miners ETF (WGMI)0.75%Invested in Bitcoin mining stocks.Bitwise Bitcoin Strategy Optimum Roll ETF (BITC)0.92%Invested in Bitcoin futures. ProShares Bitcoin Strategy ETF (BITO)0.95%Invested in Bitcoin futures.Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP)0.95%Invested in Bitcoin futures. Fee reduced to 0.85% until May 1, 2027.ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH)1.00%Invested in Bitcoin and Ether futures. Fee reduced to 0.95% until Sept. 30, 2025.ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE)1.01%Invested in Bitcoin and Ether futures. Fee reduced to 0.95% until Sept. 30, 2025.Valkyrie Bitcoin and Ether Strategy ETF (BTF)1.24%Invested in Bitcoin and Ether futures.Sources: Fund websites. Data is current as of market close Feb. 3, 2025, and is intended for informational purposes, not for trading purposes. These funds all have more than 50% of their non-cash-equivalent holdings invested in Bitcoin futures or Bitcoin mining stocks.The Bitcoin ETF price warTen different would-be spot Bitcoin ETF issuers filed forms with the SEC in January 2024, disclosing the fees they intend to charge. Some were launching new funds, while others were changing existing Bitcoin strategy ETFs into spot Bitcoin ETFs. The flood of SEC filings — which continued until hours before the SEC's approval announcement, and may continue still — reflected an ongoing price war between issuers. Many Bitcoin ETFs — both spot Bitcoin ETFs and Bitcoin strategy ETFs — are slashing their fees and offering limited-time promotional fee waivers. Do spot Bitcoin ETFs have custodianship risk? Most spot Bitcoin ETFs rely on a third-party custodian to actually store the Bitcoin they hold — much like how spot gold ETFs often keep their physical gold holdings in
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