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BITC vs BITX

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF vs 2x Bitcoin Strategy ETF

BITC

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF

Annual cost

0.88%

Fund size

$16M

BITX

2x Bitcoin Strategy ETF

Annual cost

2.38%

Fund size

$1.0B

Key differences

BITC is a fixed income ETF, while BITX is a cryptocurrency ETF. BITC charges 0.88% a year and BITX 2.38%.

  • BITC is a fixed income fund, while BITX is a cryptocurrency fund. They carry different risk/return profiles.
  • BITC follows a systematic alpha strategy; BITX uses leveraged.
  • BITC costs 1.50% less per year.
  • BITX is much larger than BITC. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

BITCBITX
Annual cost (TER)0.88%2.38%
Fund size (AUM)$16M$1.0B
Since20232023
Dividend yield3.14%26.18%
Asset classfixed incomecryptocurrency
Regionglobal
Strategysystematic alphaleveraged
CAGR 1Y-15.1%-72.7%
CAGR 3Y+36.7%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.86N/A
Volatility 1Y25.54%87.86%
Max drawdown-31.89%-82.16%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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