Are Crypto ETFs the New Portfolio Staple or a Fad?
TMX VettaFi writers Nick Wodeshick and Nick Peters-Golden kicked off 2026 with the first Bull vs. Bear discussion on foreign equities. In this version, writers Ben Hernandez and DJ Shaw delve into the world of digital assets — specifically, crypto ETFs.
It’s been over four years since ProShares debuted the first U.S. cryptocurrency ETF linked to bitcoin: the ProShares Bitcoin ETF (BITO). Bitcoin went on to hit a high of around $68,000 that year, but outdid itself in 2025 with a high of $126,000. Increased institutional adoption and the development of more crypto funds are wins that will help further the entire ETF marketplace. But are they just a passing fancy, or do they have staying power?
Ben Hernandez: Hey DJ…



