Bitwise Avalanche ETF (BAVA) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BAVA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BAVA
Among 118 ETFs in the Cryptocurrency category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 376.59M | Apr 2026 | BAVA vs MSBT | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.69B | Jul 2024 | BAVA vs BTC | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.55B | Jul 2024 | BAVA vs ETH | |
| Franklin Bitcoin ETF | 0.19% | 366.62M | Jan 2024 | BAVA vs EZBC | |
| Franklin Solana ETF | 0.19% | 8.51M | Dec 2025 | BAVA vs SOEZ |
Best Risk-Adjusted Alternatives to BAVA
Among 75 ETFs in the Cryptocurrency category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 95 | — | Oct 2017 | BAVA vs ZCSH | |
| ProShares Short Bitcoin ETF | 53 | 118.48M | Jun 2022 | BAVA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 47 | 163.33M | Apr 2024 | BAVA vs SBIT | |
| CoinShares Bitcoin Miners ETF | 45 | 240.40M | Feb 2022 | BAVA vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 41 | — | Jul 2024 | BAVA vs BTCZ |
Top Performing BAVA Alternatives (YTD)
Among 110 ETFs in the Cryptocurrency category with YTD return data, the top-performing alternatives shown here go as high as 37.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CoinShares Bitcoin Miners ETF | 37.71% | 240.40M | Feb 2022 | BAVA vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 30.98% | 163.33M | Apr 2024 | BAVA vs SBIT | |
| ProShares UltraShort Ether ETF | 27.90% | 50.89M | Jun 2024 | BAVA vs ETHD | |
| ProShares Short Ether Strategy ETF | 27.84% | 16.28M | Nov 2023 | BAVA vs SETH | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 26.37% | — | Jul 2024 | BAVA vs BTCZ |
Lowest Volatility Alternatives to BAVA
BAVA has 51.71% 1-year volatility. There are 53 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 1.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 1.99% | — | Oct 2025 | BAVA vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.70% | — | Oct 2025 | BAVA vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.63% | — | Oct 2025 | BAVA vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.82% | — | Oct 2025 | BAVA vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.86% | 7.63M | Sep 2025 | BAVA vs BFOC |
Lowest Drawdown Alternatives to BAVA
Among 75 ETFs in the Cryptocurrency category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 22.87M | Aug 2022 | BAVA vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.45M | Jun 2025 | BAVA vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 110.04M | Dec 2024 | BAVA vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 118.48M | Jun 2022 | BAVA vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.03% | 1.48M | Mar 2024 | BAVA vs BTRN |
Other ETFs from Bitwise
The 10 most viewed Bitwise ETFs shown here include BITW, BITQ, BITC and span 4 categories. AUM among these funds goes as high as $619M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitwise 10 Crypto Index ETF | Cryptocurrency | 3 | -28.62% | 619.02M | Dec 2025 | BAVA vs BITW | |
| Bitwise Crypto Industry Innovators ETF | Blockchain, Technology Equities | 14 | 18.16% | 366.79M | May 2021 | BAVA vs BITQ | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | Cryptocurrency | 3 | 1.83% | 14.63M | Mar 2023 | BAVA vs BITC | |
| Bitwise Ethereum Strategy ETF | Cryptocurrency | 3 | -14.35% | 4.59M | Sep 2023 | BAVA vs AETH | |
| Bitwise COIN Option Income Strategy ETF | Derivative Income | 1 | -22.97% | 19.02M | Apr 2025 | BAVA vs ICOI | |
| Bitwise Funds Trust | Derivative Income | 1 | -30.90% | 8.58M | Apr 2025 | BAVA vs IMST | |
| Bitwise Ethereum ETF | Cryptocurrency | 4 | -36.15% | 195.84M | Jul 2024 | BAVA vs ETHW | |
| Bitwise XRP ETF | Cryptocurrency | — | -39.18% | 311.04M | Nov 2025 | BAVA vs XRP | |
| Bitwise Bitcoin Standard Corporations ETF | Blockchain | 3 | -18.14% | 14.02M | Mar 2025 | BAVA vs OWNB | |
| Bitwise Solana Staking ETF | Cryptocurrency | — | -35.49% | 612.87M | Oct 2025 | BAVA vs BSOL |
Often Compared With BAVA
Investors most often compare BAVA with VAVX, EZET, EZPZ. These 3 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VanEck Avalanche ETF | Cryptocurrency | — | — | — | Dec 2025 | BAVA vs VAVX | |
| Franklin Ethereum ETF | Cryptocurrency | 4 | -36.10% | 37.67M | Jul 2024 | BAVA vs EZET | |
| Franklin Crypto Index ETF | Cryptocurrency | 2 | -28.32% | 12.73M | Feb 2025 | BAVA vs EZPZ |
Compare BAVA with Any Fund or Stock
Compare BAVA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BAVA with funds that move differently
Bitwise Avalanche ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BAVA.
Explore BAVA Diversifiers