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BITO vs BTCC

ProShares Bitcoin ETF vs Grayscale Bitcoin Covered Call ETF

BITO

ProShares Bitcoin ETF

ProShares

Annual cost

0.95%

Fund size

$1.9B

BTCC

Grayscale Bitcoin Covered Call ETF

Grayscale

Annual cost

0.65%

Fund size

$17M

Key differences

  • BTCC costs 0.30% less per year.
  • BITO is significantly larger than BTCC — larger funds tend to be more liquid and less likely to close.
  • BITO is classified as cryptocurrency, while BTCC is alternative — different risk/return profiles.

Side-by-side comparison

BITOBTCC
Annual cost (TER)0.95%0.65%
Fund size (AUM)$1.9B$17M
Since20212025
Dividend yield71.92%83.34%
Asset classcryptocurrencyalternative
Regionnorth america
Strategyoption income
CAGR 1Y-33.2%-22.3%
CAGR 3Y+31.3%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.73N/A
Volatility 1Y43.21%32.12%
Max drawdown-77.86%-44.40%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BITO and BTCC