What are the top 10 crypto ETF'?

**Quick take 📊** Here are the 10 largest U.S.-listed crypto exchange-traded funds by assets under management (AUM) as of mid-September 2025. Together they account for roughly 90 % of the $183 billion now sitting in crypto ETFs. | Rank | Ticker | Fund name (issuer) | Primary asset(s) | AUM (approx.) | Expense ratio | |------|--------|--------------------|------------------|---------------|---------------| | 1 | **IBIT** | iShares Bitcoin Trust (BlackRock) | Bitcoin | $68 B | 0.25 % | | 2 | **FBTC** | Fidelity Wise Origin Bitcoin ETF (Fidelity) | Bitcoin | $44 B | 0.21 % | | 3 | **GBTC** | Grayscale Bitcoin Trust ETF (Grayscale) | Bitcoin | $18 B | 0.25 % | | 4 | **ARKB** | ARK 21Shares Bitcoin ETF (Ark Invest/21Shares) | Bitcoin | $11 B | 0.21 % | | 5 | **BITB** | Bitwise Bitcoin ETF (Bitwise) | Bitcoin | $9 B | 0.20 % | | 6 | **FETH** | Fidelity Ethereum ETF (Fidelity) | Ethereum | $7 B | 0.25 % | | 7 | **ETHA** | iShares Ethereum Trust (BlackRock) | Ethereum | $6 B | 0.25 % | | 8 | **BTCO** | Invesco Galaxy Bitcoin ETF (Invesco/Galaxy) | Bitcoin | $5 B | 0.39 % | | 9 | **EZBC** | Franklin Bitcoin ETF (Franklin Templeton) | Bitcoin | $4 B | 0.19 % | | 10 | **HODL** | VanEck Bitcoin ETF (VanEck) | Bitcoin | $2 B | 0.25 % | ### How to interpret the list 1. **Bitcoin still dominates.** Eight of the ten funds hold spot BTC only; the two Ethereum products (FETH, ETHA) are the first to crack the top tier thanks to spring 2025 approvals. 2. **Cost compression is real.** Expense ratios cluster around 0.20 – 0.25 %, well below the early-2024 launch levels and far below many thematic equity ETFs. 3. **Liquidity begets liquidity.** The iShares (IBIT) and Fidelity (FBTC) vehicles alone attract over half of all daily trading volume, making them the go-to options for short-term tactical moves as well as longer-term allocations. 4. **Ether & alt-coin runway.** If the SEC green-lights staking-enabled versions or opens the gate to Solana/XRP ETFs next year, today’s top-10 could look quite different. ### What this means for you 🧭 • **Trading vs. holding:** For a one-week swing-trading horizon (your usual style), stick with the mega-caps—tight spreads, deep liquidity, and plenty of options volume for hedging. • **Diversification:** If you want broader crypto beta without juggling cold-storage wallets, pairing a core Bitcoin ETF (IBIT/FBTC) with an Ether ETF (FETH/ETHA) gives exposure to ~75 % of the total crypto market cap in just two line-items. • **Expense drag:** Over a short horizon fees matter less, but for any position you might roll week-over-week, a 0.05 % differential can still eat into gains—especially when crypto volatility is already doing the heavy lifting. --- *Curiosity break* 🤔 Your profile says you typically hold positions for about a week. If you could add just one more “edge”—on-chain data, macro signals, or AI sentiment scoring—which would you like to weave into your process next? 💡