Grayscale Bitcoin Mini Trust ETF (BTC) 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 BTC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BTC
BTC charges 0.15% annually. There is 1 ETF in the Cryptocurrency category with a lower expense ratio, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 281.21M | Apr 2026 | BTC vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.48B | Jul 2024 | BTC vs ETH | |
| Franklin Bitcoin ETF | 0.19% | 358.90M | Jan 2024 | BTC vs EZBC | |
| Franklin Ethereum ETF | 0.19% | 34.62M | Jul 2024 | BTC vs EZET | |
| Franklin Crypto Index ETF | 0.19% | 12.43M | Feb 2025 | BTC vs EZPZ |
Best Risk-Adjusted Alternatives to BTC
BTC has a PortfoliosLab risk / return rank of 2. There are 45 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 91 | — | Oct 2017 | BTC vs ZCSH | |
| Valkyrie Bitcoin Miners ETF | 79 | 395.17M | Feb 2022 | BTC vs WGMI | |
| ProShares Shrt Bitcoin ETF | 41 | 127.37M | Jun 2022 | BTC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 36 | 188.94M | Apr 2024 | BTC vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 31 | — | Jul 2024 | BTC vs BTCZ |
Top Performing BTC Alternatives (YTD)
BTC is at -31.66% YTD. There are 35 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 92.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares UltraShort Ether ETF | 92.11% | 76.32M | Jun 2024 | BTC vs ETHD | |
| Valkyrie Bitcoin Miners ETF | 74.44% | 395.17M | Feb 2022 | BTC vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 57.69% | 188.94M | Apr 2024 | BTC vs SBIT | |
| ProShares Short Ether Strategy ETF | 55.72% | 20.27M | Nov 2023 | BTC vs SETH | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 52.26% | — | Jul 2024 | BTC vs BTCZ |
Lowest Volatility Alternatives to BTC
BTC has 44.39% 1-year volatility. There are 33 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 2.06%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 2.06% | — | Oct 2025 | BTC vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.82% | — | Oct 2025 | BTC vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.92% | — | Oct 2025 | BTC vs CBXO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 12.28% | 7.61M | Sep 2025 | BTC vs BFOC | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 12.34% | — | Oct 2025 | BTC vs CBTO |
Lowest Drawdown Alternatives to BTC
BTC has a 1-year max drawdown of -52.37%. There are 21 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -11.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -11.95% | 22.14M | Aug 2022 | BTC vs BCDF | |
| REX Crypto Equity Premium Income ETF | -22.47% | 112.87M | Dec 2024 | BTC vs CEPI | |
| ProShares Shrt Bitcoin ETF | -25.28% | 127.37M | Jun 2022 | BTC vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.45% | 1.50M | Mar 2024 | BTC vs BTRN | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | -26.51% | 17.91M | Mar 2023 | BTC vs BITC |
Other ETFs from Grayscale
The 10 most viewed Grayscale ETFs shown here include GBTC, ETHE, GDLC and span 3 categories. AUM among these funds goes as high as $9B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Grayscale Bitcoin Trust ETF | Cryptocurrency | 2 | -32.11% | 8.81B | Jan 2024 | BTC vs GBTC | |
| Grayscale Ethereum Trust ETF | Cryptocurrency | 5 | -47.00% | 1.33B | Dec 2017 | BTC vs ETHE | |
| Grayscale CoinDesk Crypto 5 ETF | Cryptocurrency | 3 | -35.19% | 317.85M | Feb 2018 | BTC vs GDLC | |
| Grayscale Future of Finance ETF | Blockchain, Technology Equities | — | — | 6.70M | Feb 2022 | BTC vs GFOF | |
| Grayscale Chainlink Trust ETF | Cryptocurrency, Blockchain | 4 | -41.16% | 79.87M | Feb 2021 | BTC vs GLNK | |
| Grayscale Litecoin Trust | Cryptocurrency | 3 | -49.10% | — | Aug 2020 | BTC vs LTCN | |
| Grayscale Bitcoin Miners ETF | Blockchain | 40 | 49.75% | 20.37M | Jan 2025 | BTC vs MNRS | |
| Grayscale Solana Staking ETF | Cryptocurrency | — | — | 95.05M | Nov 2021 | BTC vs GSOL | |
| Grayscale Ethereum Classic Trust (ETC) | Cryptocurrency, Blockchain | 3 | -40.33% | 141.12M | Apr 2017 | BTC vs ETCG | |
| Grayscale Sui Staking ETF | Cryptocurrency | — | -50.18% | 21.04M | Feb 2026 | BTC vs GSUI |
Often Compared With BTC
Investors most often compare BTC with XRP, XBCI, HOOD. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BTC with Any Fund or Stock
Compare BTC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BTC with funds that move differently
Grayscale Bitcoin Mini Trust ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BTC.
Explore BTC Diversifiers