ProShares Bitcoin Strategy ETF (BITO) Alternatives
ProShares Bitcoin Strategy ETF (BITO) 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 BITO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to BITO
BITO charges 0.95% annually. Among ETFs in the Cryptocurrency category, these options have the lowest expense ratios among BITO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Franklin Bitcoin ETF | 0.19% | Jan 11, 2024 | BITO vs EZBC | |
| Franklin Ethereum ETF | 0.19% | Jul 23, 2024 | BITO vs EZET | |
| Franklin Solana ETF | 0.19% | Dec 3, 2025 | BITO vs SOEZ | |
| Franklin Crypto Index ETF | 0.19% | Feb 20, 2025 | BITO vs EZPZ | |
| Bitwise Ethereum ETF | 0.20% | Jul 22, 2024 | BITO vs ETHW |
Best Risk-Adjusted Alternatives to BITO
Among ETFs in the Cryptocurrency category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Valkyrie Bitcoin Miners ETF | 83 | Feb 7, 2022 | BITO vs WGMI | |
| iShares Blockchain and Tech ETF | 44 | Apr 25, 2022 | BITO vs IBLC | |
| Horizon Kinetics Blockchain Development ETF | 39 | Aug 1, 2022 | BITO vs BCDF | |
| Bitwise Ethereum Strategy ETF | 32 | Sep 29, 2023 | BITO vs AETH | |
| REX Crypto Equity Premium Income ETF | 29 | Dec 4, 2024 | BITO vs CEPI |
Top Performing BITO Alternatives (YTD)
BITO alternatives from the Cryptocurrency category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | 31.57% | Apr 1, 2024 | BITO vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 28.74% | Jul 9, 2024 | BITO vs BTCZ | |
| ProShares UltraShort Ether ETF | 24.55% | Jun 7, 2024 | BITO vs ETHD | |
| ProShares Short Ether Strategy ETF | 20.65% | Nov 1, 2023 | BITO vs SETH | |
| ProShares Shrt Bitcoin ETF | 20.02% | Jun 21, 2022 | BITO vs BITI |
Lowest Volatility Alternatives to BITO
BITO alternatives from the Cryptocurrency category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ARK 21Shares Active Bitcoin Ethereum Strategy ETF | 0.00% | Nov 14, 2023 | BITO vs ARKY | |
| Horizon Kinetics Blockchain Development ETF | 16.80% | Aug 1, 2022 | BITO vs BCDF | |
| Global X Bitcoin Trend Strategy ETF | 20.02% | Mar 20, 2024 | BITO vs BTRN | |
| ARK 21Shares Digital Asset and Blockchain Strategy... | 20.96% | Nov 14, 2023 | BITO vs ARKD | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | 26.66% | Mar 20, 2023 | BITO vs BITC |
Lowest Drawdown Alternatives to BITO
BITO alternatives from the Cryptocurrency category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -8.84% | Aug 1, 2022 | BITO vs BCDF | |
| Global X Bitcoin Trend Strategy ETF | -19.80% | Mar 20, 2024 | BITO vs BTRN | |
| REX Crypto Equity Premium Income ETF | -22.47% | Dec 4, 2024 | BITO vs CEPI | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | -26.51% | Mar 20, 2023 | BITO vs BITC | |
| Bitwise Bitcoin And Ether Equal Weight Strategy ET... | -31.35% | Sep 29, 2023 | BITO vs BTOP |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 47 | -17.87% | Feb 9, 2010 | BITO vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 53 | -11.23% | Jun 21, 2006 | BITO vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 40 | -14.14% | Jun 23, 2009 | BITO vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 45 | -8.90% | Jun 19, 2006 | BITO vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 23 | 2.32% | Oct 9, 2013 | BITO vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | -4.90% | Jan 30, 2007 | BITO vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 13.99% | Feb 9, 2010 | BITO vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 40.61% | Oct 3, 2011 | BITO vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -46.65% | Apr 1, 2024 | BITO vs BITU | |
| ProShares Ultra Bloomberg Natural Gas | Leveraged Commodities, Leveraged | 2 | -33.36% | Oct 4, 2011 | BITO vs BOIL |
Often Compared With BITO
What investors most often compare with BITO, based on PortfoliosLab usage data.
Compare BITO with Any Fund or Stock
Compare BITO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.