Best Crypto ETFs (2026)

Which spot bitcoin or ethereum fund to hold — 11 funds ranked on cost, yield, return, risk and ETFValuer's overall grade.

Updated July 29, 2026

Every figure on this page is recalculated from market data each day, so the ranking reflects current conditions rather than whenever this page was written. Educational content — not financial advice.

Top Picks Right Now

#1
EZBC
Franklin Bitcoin ETF
F 30.7/100
  • cheapest in the group at 0.19%
#2
BITB
Bitwise Bitcoin ETF
F 33.8/100
  • scores 33.8 on the overall model (grade F)
#3
ARKB
ARK 21Shares Bitcoin ETF
F 33.6/100
  • lowest volatility at 44.2%

Ranked by expense ratio. Recalculated every day from live market data — these positions change as the underlying numbers move.

At a Glance

Cheapest
EZBC
0.19%
Highest yield
ETHE
1.39%
Best risk-adjusted
ETHA
Sharpe -0.78
Largest
IBIT
$43.2B
Shallowest drawdown
HODL
-53.2%

Each superlative is measured within this group of 11 funds, not across the whole market.

All 11 Funds Ranked

FundCategoryCostYield1Y3YVolatilityMax DDSharpeAUMScoreGrade
1 EZBC*Franklin Bitcoin ETFCrypto0.19%-45.5%44.2%-53.4%-1.14$332M30.7F
2 BITB*Bitwise Bitcoin ETFCrypto0.20%-45.5%44.2%-53.3%-1.14$2.1B33.8F
3 ARKB*ARK 21Shares Bitcoin ETFCrypto0.21%-45.5%44.2%-53.3%-1.14$1.9B33.6F
4 IBIT*iShares Bitcoin Trust ETFCrypto0.25%-45.5%44.4%-53.3%-1.14$43.2B38.2D
5 FBTC*Fidelity Wise Origin Bitcoin FundCrypto0.25%-45.5%44.2%-53.4%-1.14$10.2B35.7D
6 ETHA*iShares Ethereum Trust ETFCrypto0.25%-47.5%67.5%-67.9%-0.78$4.3B34.6F
7 BTCO*Invesco Galaxy Bitcoin ETFCrypto0.25%-45.6%44.2%-53.3%-1.14$314M30.1F
8 GBTCGrayscale Bitcoin Trust ETFCrypto1.50%-46.2%+185.7%44.2%-53.8%-1.16$8.1B27.3F
9 ETHEGrayscale Ethereum Staking ETFCrypto2.50%1.39%-48.1%+57.6%67.1%-68.2%-0.79$1.2B15.8F
10 HODL*VanEck Bitcoin ETFCrypto-45.4%44.2%-53.2%-1.14$952M29.7F
11 BRRR*CoinShares Bitcoin ETFCrypto-45.5%44.2%-53.3%-1.14$344M27.8F

* Marked funds have under three years of trading history. Their 3-year return is unavailable, and their max drawdown covers a shorter window than the rest of the table — a shallow figure there reflects a short life, not proven resilience. Max DD is the deepest peak-to-trough fall over the measurement window. Sharpe ratio measures return per unit of volatility — higher is better. Every figure is recalculated daily.

What Makes a Good Fund Here

Spot crypto funds holding the same asset are close to interchangeable — they all track the same coin price, so fee and spread are almost the entire difference between them. Note that most launched in 2024 and so have well under three years of history: their drawdown figures cover a short window and understate how far this asset class has fallen in the past. The scoring model, which rewards low volatility and shallow drawdowns, grades these harshly by construction.

The ETFValuer score blends trailing return, risk-adjusted return, expense ratio, maximum drawdown, fund size and volatility, each percentile-ranked against the full tracked universe, into a single 0-100 figure graded A+ to F. It is a systematic summary of past data, not a forecast — read it alongside the individual columns rather than instead of them.

Head-to-Head Comparisons

Full metric-by-metric breakdowns for the closest calls in this group.

Frequently Asked Questions

What is the cheapest bitcoin ETF?

EZBC currently has the lowest expense ratio of the 11 crypto funds tracked, at 0.19%. Since these funds all hold the same underlying asset, cost and trading spread are the main things separating them.

Why do crypto ETFs score poorly in these rankings?

The scoring model rewards low volatility, shallow drawdowns and long track records. Crypto funds are extremely volatile, have experienced very deep falls, and mostly launched in 2024. A low grade here reflects those characteristics measured consistently — it is not a view on whether the asset belongs in a portfolio.

Is a spot bitcoin ETF better than owning bitcoin directly?

An ETF removes the need to manage private keys and fits inside standard brokerage and retirement accounts, at the cost of an annual fee and no ability to move the coins yourself. Which matters more depends entirely on what you want it for.

Compare any of these funds directly

Side-by-side metrics, holdings overlap and return correlation for any pair.

Other Rankings