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BITX vs BTCC

2x Bitcoin Strategy ETF vs Grayscale Bitcoin Covered Call ETF

BITX

2x Bitcoin Strategy ETF

Volatility Shares Trust

Annual cost

2.38%

Fund size

$1.2B

BTCC

Grayscale Bitcoin Covered Call ETF

Grayscale

Annual cost

0.65%

Fund size

$17M

Key differences

  • BTCC costs 1.73% less per year.
  • BITX is significantly larger than BTCC — larger funds tend to be more liquid and less likely to close.
  • BITX is classified as cryptocurrency, while BTCC is alternative — different risk/return profiles.
  • BITX follows a leveraged strategy; BTCC uses option income.

Side-by-side comparison

BITXBTCC
Annual cost (TER)2.38%0.65%
Fund size (AUM)$1.2B$17M
Since20232025
Dividend yield26.48%83.34%
Asset classcryptocurrencyalternative
Regionnorth america
Strategyleveragedoption income
CAGR 1Y-65.7%-22.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y86.13%32.12%
Max drawdown-77.88%-44.40%

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

Similar to BITX and BTCC