The Crypto ETF Showdown: BITQ’s Diversification vs. IBIT’s Bitcoin Bet
Key Points
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BITQ comes with a higher expense ratio and deeper drawdowns compared to IBIT.
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IBIT tracks the price of Bitcoin directly, while BITQ holds crypto-related companies, leading to different risk and sector exposures.
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IBIT is far larger and more liquid, which could matter for larger trades or institutional investors.
The iShares Bitcoin Trust ETF (NASDAQ:IBIT)tracks Bitcoin itself with a lower expense ratio and much larger assets under management, while the Bitwise Crypto Industry Innovators ETF (NYSEMKT:BITQ)offers exposure to crypto-related equities, higher volatility, and a more diversified portfolio of 33 holdings.
Both IBIT and BITQ target investors interested in the crypto economy, but their approaches are fundamentally different….
