Global X Blockchain & Bitcoin Strategy ETF (BITS) 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 BITS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BITS
BITS charges 0.65% annually. There are 55 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 392.19M | Apr 2026 | BITS vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.57B | Jul 2024 | BITS vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.71B | Jul 2024 | BITS vs BTC | |
| Franklin Crypto Index ETF | 0.19% | 14.11M | Feb 2025 | BITS vs EZPZ | |
| Franklin Ethereum ETF | 0.19% | 38.20M | Jul 2024 | BITS vs EZET |
Best Risk-Adjusted Alternatives to BITS
BITS has a PortfoliosLab risk / return rank of 8. There are 11 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 96 | — | Oct 2017 | BITS vs ZCSH | |
| ProShares Short Bitcoin ETF | 61 | 129.73M | Jun 2022 | BITS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 55 | 176.54M | Apr 2024 | BITS vs SBIT | |
| CoinShares Bitcoin Miners ETF | 51 | 240.40M | Feb 2022 | BITS vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 48 | — | Jul 2024 | BITS vs BTCZ |
Top Performing BITS Alternatives (YTD)
BITS is at -11.24% YTD. There are 21 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 39.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | 39.44% | 176.54M | Apr 2024 | BITS vs SBIT | |
| CoinShares Bitcoin Miners ETF | 34.47% | 240.40M | Feb 2022 | BITS vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 34.44% | — | Jul 2024 | BITS vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.72% | 16.03M | Nov 2023 | BITS vs SETH | |
| ProShares UltraShort Ether ETF | 29.25% | 60.61M | Jun 2024 | BITS vs ETHD |
Lowest Volatility Alternatives to BITS
BITS has 54.36% 1-year volatility. There are 59 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 1.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 1.95% | — | Oct 2025 | BITS vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.65% | — | Oct 2025 | BITS vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.49% | — | Oct 2025 | BITS vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.56% | — | Oct 2025 | BITS vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.68% | 7.65M | Sep 2025 | BITS vs BFOC |
Lowest Drawdown Alternatives to BITS
BITS has a 1-year max drawdown of -48.38%. There are 14 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 23.25M | Aug 2022 | BITS vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.44M | Jun 2025 | BITS vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 111.94M | Dec 2024 | BITS vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 129.73M | Jun 2022 | BITS vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -25.73% | 735.02K | Mar 2024 | BITS vs BTRN |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 14 categories. AUM among these funds goes as high as $15B.
Often Compared With BITS
Investors most often compare BITS with IBIT, BITC, BITO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare BITS with Any Fund or Stock
Compare BITS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BITS with funds that move differently
Global X Blockchain & Bitcoin Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BITS.
Explore BITS Diversifiers