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NODE vs BITO

VanEck Onchain Economy ETF vs ProShares Bitcoin ETF

NODE

VanEck Onchain Economy ETF

Annual cost

0.67%

Fund size

$81M

BITO

ProShares Bitcoin ETF

Annual cost

0.95%

Fund size

$1.7B

Key differences

NODE is an alternative ETF, while BITO is a cryptocurrency ETF. NODE charges 0.67% a year and BITO 0.95%.

  • NODE is an alternative fund, while BITO is a cryptocurrency fund. They carry different risk/return profiles.
  • NODE costs 0.28% less per year.
  • BITO is much larger than NODE. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

NODEBITO
Annual cost (TER)0.67%0.95%
Fund size (AUM)$81M$1.7B
Since20252021
Dividend yield0.83%69.88%
Asset classalternativecryptocurrency
Region
Strategymulti strategy
CAGR 1Y+54.8%-44.9%
CAGR 3YN/A+22.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.58
Volatility 1Y46.13%43.86%
Max drawdown-35.35%-77.86%

Similar to NODE and BITO