Bitwise 10 Crypto Index ETF (BITW) 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 BITW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BITW
BITW charges 0.75% annually. There are 63 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 | BITW vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.57B | Jul 2024 | BITW vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.71B | Jul 2024 | BITW vs BTC | |
| Franklin Crypto Index ETF | 0.19% | 14.11M | Feb 2025 | BITW vs EZPZ | |
| Franklin Ethereum ETF | 0.19% | 38.20M | Jul 2024 | BITW vs EZET |
Best Risk-Adjusted Alternatives to BITW
BITW has a PortfoliosLab risk / return rank of 2. There are 41 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 | BITW vs ZCSH | |
| ProShares Short Bitcoin ETF | 61 | 129.73M | Jun 2022 | BITW vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 55 | 176.54M | Apr 2024 | BITW vs SBIT | |
| CoinShares Bitcoin Miners ETF | 51 | 240.40M | Feb 2022 | BITW vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 48 | — | Jul 2024 | BITW vs BTCZ |
Top Performing BITW Alternatives (YTD)
BITW is at -31.06% YTD. There are 52 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 | BITW vs SBIT | |
| CoinShares Bitcoin Miners ETF | 34.47% | 240.40M | Feb 2022 | BITW vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 34.44% | — | Jul 2024 | BITW vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.72% | 16.03M | Nov 2023 | BITW vs SETH | |
| ProShares UltraShort Ether ETF | 29.25% | 60.61M | Jun 2024 | BITW vs ETHD |
Lowest Volatility Alternatives to BITW
BITW has 49.79% 1-year volatility. There are 52 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 | BITW vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.65% | — | Oct 2025 | BITW vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.49% | — | Oct 2025 | BITW vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.56% | — | Oct 2025 | BITW vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.68% | 7.65M | Sep 2025 | BITW vs BFOC |
Lowest Drawdown Alternatives to BITW
BITW has a 1-year max drawdown of -56.45%. There are 37 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 | BITW vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.44M | Jun 2025 | BITW vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 111.94M | Dec 2024 | BITW vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 129.73M | Jun 2022 | BITW vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -25.73% | 735.02K | Mar 2024 | BITW vs BTRN |
Other ETFs from Bitwise
The 10 most viewed Bitwise ETFs shown here include BITB, BITQ, BITC and span 4 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitwise Bitcoin ETF | Cryptocurrency | 1 | -28.24% | 2.31B | Jan 2024 | BITW vs BITB | |
| Bitwise Crypto Industry Innovators ETF | Blockchain, Technology Equities | 17 | 14.35% | 382.12M | May 2021 | BITW vs BITQ | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | Cryptocurrency | 2 | -1.76% | 14.34M | Mar 2023 | BITW vs BITC | |
| Bitwise Ethereum Strategy ETF | Cryptocurrency | 2 | -15.95% | 4.61M | Sep 2023 | BITW vs AETH | |
| Bitwise COIN Option Income Strategy ETF | Derivative Income | 1 | -22.45% | 19.02M | Apr 2025 | BITW vs ICOI | |
| Bitwise Funds Trust | Derivative Income | 0 | -30.61% | 8.58M | Apr 2025 | BITW vs IMST | |
| Bitwise Ethereum ETF | Cryptocurrency | 3 | -37.28% | 196.02M | Jul 2024 | BITW vs ETHW | |
| Bitwise XRP ETF | Cryptocurrency | — | -42.20% | 315.70M | Nov 2025 | BITW vs XRP | |
| Bitwise Solana Staking ETF | Cryptocurrency | — | -39.21% | 588.17M | Oct 2025 | BITW vs BSOL | |
| Bitwise Bitcoin Standard Corporations ETF | Blockchain | 3 | -21.50% | 13.99M | Mar 2025 | BITW vs OWNB |
Often Compared With BITW
Investors most often compare BITW with BTC-USD, GDLC, GBTC. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BITW with Any Fund or Stock
Compare BITW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BITW with funds that move differently
Bitwise 10 Crypto Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BITW.
Explore BITW Diversifiers