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BWOW vs ICOI

Bitwise Dogecoin ETF vs Bitwise COIN Option Income Strategy ETF

BWOW

Bitwise Dogecoin ETF

Bitwise Investment Advisors, LLC

Annual cost

0.34%

Fund size

$0.7M

ICOI

Bitwise COIN Option Income Strategy ETF

Bitwise Investments

Annual cost

0.96%

Fund size

$24M

Key differences

  • BWOW costs 0.62% less per year.
  • ICOI is significantly larger than BWOW — larger funds tend to be more liquid and less likely to close.
  • BWOW is classified as cryptocurrency, while ICOI is alternative — different risk/return profiles.

Side-by-side comparison

BWOWICOI
Annual cost (TER)0.34%0.96%
Fund size (AUM)$0.7M$24M
Since20252025
Dividend yield364.28%
Asset classcryptocurrencyalternative
Regionnorth america
Strategyoption income
CAGR 1YN/A-40.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y48.84%
Max drawdown-42.77%-58.10%

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

Similar to BWOW and ICOI