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IETH vs BITX

Bitwise Ethereum Option Income Strategy ETF vs 2x Bitcoin Strategy ETF

IETH

Bitwise Ethereum Option Income Strategy ETF

Bitwise Investments

Annual cost

0.96%

Fund size

$0.6M

BITX

2x Bitcoin Strategy ETF

Volatility Shares Trust

Annual cost

2.38%

Fund size

$1.2B

Key differences

  • IETH costs 1.42% less per year.
  • BITX is significantly larger than IETH — larger funds tend to be more liquid and less likely to close.
  • IETH is classified as alternative, while BITX is cryptocurrency — different risk/return profiles.
  • IETH follows a option income strategy; BITX uses leveraged.

Side-by-side comparison

IETHBITX
Annual cost (TER)0.96%2.38%
Fund size (AUM)$0.6M$1.2B
Since20252023
Dividend yield26.48%
Asset classalternativecryptocurrency
Regionnorth america
Strategyoption incomeleveraged
CAGR 1YN/A-66.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y85.91%
Max drawdown-55.94%-77.88%

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

Similar to IETH and BITX