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ETHE vs GBTC

Grayscale Ethereum Staking ETF vs Grayscale Bitcoin Trust ETF

ETHE

Grayscale Ethereum Staking ETF

Grayscale

Annual cost

2.50%

Fund size

$1.8B

GBTC

Grayscale Bitcoin Trust ETF

Grayscale

Annual cost

1.50%

Fund size

$11.5B

Key differences

  • GBTC costs 1.00% less per year.
  • GBTC is significantly larger than ETHE — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, GBTC has delivered higher annualized returns.

Side-by-side comparison

ETHEGBTC
Annual cost (TER)2.50%1.50%
Fund size (AUM)$1.8B$11.5B
Since20172013
Dividend yield0.83%0.00%
Asset classcryptocurrencycryptocurrency
Region
Strategy
CAGR 1Y-21.1%-32.2%
CAGR 3Y+31.5%+64.8%
CAGR 5Y-6.1%+14.6%
Sharpe 3Y0.691.15
Volatility 1Y68.22%43.18%
Max drawdown-96.26%-89.91%

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

Similar to ETHE and GBTC