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BTF vs SBIT

CoinShares Bitcoin and Ether ETF vs ProShares UltraShort Bitcoin ETF

BTF

CoinShares Bitcoin and Ether ETF

Annual cost

1.27%

Fund size

$14M

SBIT

ProShares UltraShort Bitcoin ETF

Annual cost

0.97%

Fund size

$204M

Key differences

Both BTF and SBIT are cryptocurrency ETFs. BTF charges 1.27% a year and SBIT 0.97%. The main difference: SBIT costs 0.30% less per year.

  • SBIT costs 0.30% less per year.
  • SBIT is much larger than BTF. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

BTFSBIT
Annual cost (TER)1.27%0.97%
Fund size (AUM)$14M$204M
Since20212024
Dividend yield195.21%4.17%
Asset classcryptocurrencycryptocurrency
Region
Strategyinverse
CAGR 1Y-42.7%+90.2%
CAGR 3Y+9.6%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.38N/A
Volatility 1Y54.87%87.79%
Max drawdown-77.50%-91.35%

Similar to BTF and SBIT