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NODE vs BITX

VanEck Onchain Economy ETF vs 2x Bitcoin Strategy ETF

NODE

VanEck Onchain Economy ETF

Annual cost

0.67%

Fund size

$81M

BITX

2x Bitcoin Strategy ETF

Annual cost

2.38%

Fund size

$1.0B

Key differences

NODE is an alternative ETF, while BITX is a cryptocurrency ETF. NODE charges 0.67% a year and BITX 2.38%.

  • NODE is an alternative fund, while BITX is a cryptocurrency fund. They carry different risk/return profiles.
  • NODE follows a multi strategy strategy; BITX uses leveraged.
  • NODE costs 1.71% less per year.
  • BITX is much larger than NODE. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

NODEBITX
Annual cost (TER)0.67%2.38%
Fund size (AUM)$81M$1.0B
Since20252023
Dividend yield0.83%26.18%
Asset classalternativecryptocurrency
Region
Strategymulti strategyleveraged
CAGR 1Y+54.8%-76.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y46.13%87.44%
Max drawdown-35.35%-82.16%

Similar to NODE and BITX