Wisdom Tree Bitcoin Fund (BTCW) 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 BTCW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BTCW
BTCW charges 0.25% annually. There are 15 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 | BTCW vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.57B | Jul 2024 | BTCW vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.71B | Jul 2024 | BTCW vs BTC | |
| Franklin Crypto Index ETF | 0.19% | 14.11M | Feb 2025 | BTCW vs EZPZ | |
| Franklin Ethereum ETF | 0.19% | 38.20M | Jul 2024 | BTCW vs EZET |
Best Risk-Adjusted Alternatives to BTCW
BTCW has a PortfoliosLab risk / return rank of 1. There are 56 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 | BTCW vs ZCSH | |
| ProShares Short Bitcoin ETF | 61 | 129.73M | Jun 2022 | BTCW vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 55 | 176.54M | Apr 2024 | BTCW vs SBIT | |
| CoinShares Bitcoin Miners ETF | 51 | 240.40M | Feb 2022 | BTCW vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 48 | — | Jul 2024 | BTCW vs BTCZ |
Top Performing BTCW Alternatives (YTD)
BTCW is at -28.33% YTD. There are 43 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 | BTCW vs SBIT | |
| CoinShares Bitcoin Miners ETF | 34.47% | 240.40M | Feb 2022 | BTCW vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 34.44% | — | Jul 2024 | BTCW vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.72% | 16.03M | Nov 2023 | BTCW vs SETH | |
| ProShares UltraShort Ether ETF | 29.25% | 60.61M | Jun 2024 | BTCW vs ETHD |
Lowest Volatility Alternatives to BTCW
BTCW has 44.25% 1-year volatility. There are 33 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 | BTCW vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.65% | — | Oct 2025 | BTCW vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.49% | — | Oct 2025 | BTCW vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.56% | — | Oct 2025 | BTCW vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.68% | 7.65M | Sep 2025 | BTCW vs BFOC |
Lowest Drawdown Alternatives to BTCW
BTCW has a 1-year max drawdown of -53.37%. There are 33 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 | BTCW vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.44M | Jun 2025 | BTCW vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 111.94M | Dec 2024 | BTCW vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 129.73M | Jun 2022 | BTCW vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -25.73% | 735.02K | Mar 2024 | BTCW vs BTRN |
Other ETFs from WisdomTree
The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 15 categories. AUM among these funds goes as high as $18B.
Often Compared With BTCW
Investors most often compare BTCW with IBIT, FBTC, BTC-USD. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare BTCW with Any Fund or Stock
Compare BTCW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BTCW with funds that move differently
Wisdom Tree Bitcoin Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BTCW.
Explore BTCW Diversifiers