Unveiling the Best Bitcoin ETFs of January 2024

Image Credit: Coinpedia Jan 16, 2024 By: Bhumi Shrivastava

ProShares Bitcoin Strategy

[{"selector":"#anim-aeceb223-022e-404d-9db7-af76a44370f7","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ad6c0fe-05b9-44a9-8859-4aae39f7a866","keyframes":{"transform":["translate3d(0px, 500.69486%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2827f2c6-aada-40ed-a8bd-d00ee3cdf7fd","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bcbc73f1-1add-4b8a-aac6-80223e02f923","keyframes":{"transform":["translate3d(0px, 307.85931%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8114b0d0-9a77-401e-8dd3-7ed96cf789b7","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5cfd3ddf-6c77-49e8-8002-6232a052d7ff","keyframes":{"transform":["translate3d(0px, 128.73848%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59c0fe88-4704-454b-ba1b-06adc532ef88","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f5f73f8-dad7-440c-a986-7268734e48de","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] ProShares Bitcoin Strategy ETF (BITO) takes the crown with $904 million AUM. Image Credit: Holdnout

VanEck Bitcoin Strategy

[{"selector":"#anim-10efdd37-c44d-4b06-8169-a6e430d87cfa","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56aa8967-8020-44de-9556-d5c4ef059748","keyframes":{"transform":["translate3d(0px, 122.75990%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d90d56ef-8892-4468-9fde-93d3d5df40f9","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69dcbb5b-1bd2-4972-ace8-c7817eb8ea25","keyframes":{"transform":["translate3d(0px, 261.51772%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56149145-12f2-46c0-a349-4faa7deedd9a","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-130713c7-da39-4ec3-b19d-2faa1d1ac07d","keyframes":{"transform":["translate3d(0px, 438.19474%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d72f5a98-f43b-4ff6-9e88-1023c05d9a14","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f895266-a170-4197-8553-13e132e4ce60","keyframes":{"transform":["translate3d(0px, 565.65502%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] VanEck Bitcoin Strategy ETF (XBTF) offers lower e xpenses and diversified Bitcoin futures. Image Credit: Fortune

Valkyrie Bitcoin Strategy

[{"selector":"#anim-56a2cc48-77a3-44f6-ba6c-7d094f4eb0ae","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-80a1e24b-e44c-4268-be4a-8890deb14a41","keyframes":{"transform":["translate3d(0px, 124.65947%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef4754da-e2ed-4703-afb1-0fc4983d23d9","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78dcf379-1e78-4259-af25-a239e8a85565","keyframes":{"transform":["translate3d(0px, 248.70364%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0cb8614a-c025-4e1d-b710-657311813137","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cfd4e17c-b5a1-4e46-8a25-ffc00ac90e52","keyframes":{"transform":["translate3d(0px, 585.06988%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ffac541-0f68-4228-8c5b-533440ce223f","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95980946-604a-4590-b36c-c5951a69ef34","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Valkyrie Bitcoin Strategy ETF (BTF) tracks Bitcoin 's spot price without futures, albeit at a higher expense. Image Credit: IQ.wiki

Simplify Bitcoin Strategy

[{"selector":"#anim-877927fe-a3f9-40b0-a431-6e57912a41e8","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ded111b-48e1-43c7-8a71-a0e310564315","keyframes":{"transform":["translate3d(0px, 127.04982%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac32422b-ff62-44ca-84fb-e47a145e20ce","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79fd4fec-9896-4385-97dd-ffcd09ffc729","keyframes":{"transform":["translate3d(0px, 295.66420%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84a3e542-5b9e-498d-9dbb-d4499666d840","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1895c59-1b5c-4394-a2ff-f767135eba16","keyframes":{"transform":["translate3d(0px, 510.06974%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4c9937e-ab97-41aa-b3d2-bd9a4be5469d","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71d63faf-aaab-4def-9bc3-f73aa4517c22","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Simplify Bitcoin Strategy PLUS Inc ETF (MAXI) pursues 2x leveraged Bit coin futures. Image Credit: Unchained Podcast

Global X Blockchain & Bitcoin Strategy

[{"selector":"#anim-0f938d1f-c305-4ba1-adff-79a36ac954c6","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a6c97d6a-dba6-4472-bb94-2b8b9599d4fb","keyframes":{"transform":["translate3d(0px, 120.88648%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a8afa5f-0a67-4e25-95d4-9e7ec957b014","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de3daead-e094-464e-bb6b-b8a3eec3504a","keyframes":{"transform":["translate3d(0px, 228.70362%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f73648c-0225-4c46-bc11-10600411e01c","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b36956fd-c602-4313-9ebf-74889a91bec6","keyframes":{"transform":["translate3d(0px, 342.29404%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9032b393-b2e5-4408-b3da-0f10dfddc9fb","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a650a9c-a5d6-40bf-b5e7-4d5e352034aa","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Global X Blockchain & Bitcoin Strategy ETF (BITS) combines Bitcoin fut ures with blockchain-related companies. Image Credit: Trackinsight

ProShares Short Bitcoin Strategy

[{"selector":"#anim-f49686ed-5b0a-42d7-9843-f876ec10f45f","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28944db3-aa6a-49c0-9c16-5bec896bde6a","keyframes":{"transform":["translate3d(0px, 125.42485%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-863e70a4-259e-4b08-9f5c-616f7de4fedf","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-efdbd963-2503-4cfc-b2b9-037577142fac","keyframes":{"transform":["translate3d(0px, 243.70361%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0a5b48de-4a4f-4673-85e3-6e4e4f8aadc1","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-163e6497-06ce-453c-8955-d8d31c897587","keyframes":{"transform":["translate3d(0px, 337.45529%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c191c24-d2ee-4b75-b1e9-c094d35c04e7","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60abded8-0182-4818-b6b7-283dd9253a79","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] ProShares Short Bitcoin Strategy ETF (BITI) allows short exposure for potential Bitcoin declines. Image Credit: Crypto News

SEC's Verdict Pending

[{"selector":"#anim-8b223e6c-538c-4dec-8284-43c67e77c242","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c745386c-2cf7-4b12-a83b-9a9f4b7e519e","keyframes":{"transform":["translate3d(0px, 126.72880%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d9066d95-c8c0-4f1b-9ae5-f436f1159659","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7cffcdfa-2c80-4644-8ddc-a3a1607874b2","keyframes":{"transform":["translate3d(0px, 329.81053%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4382abf-590b-4247-ac45-42e0fc11dc2e","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f96e9e6-8062-4f58-b0f8-bbaffd6cd5b1","keyframes":{"transform":["translate3d(0px, 550.69477%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc4e98b9-c0be-48fc-baa0-796107d1c7f6","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-691f1865-c9e8-4488-9e15-d89f76ad49b0","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Keep an eye out for future "pure play" Bitcoin ETF approvals by the SEC. Image Credit: Crypto News See More