What ETFs have low fees and provide exposure to a range of crypto not just bitcoin

The deep research logic is organized as follows: 

Okay, let's tackle this question. The user is asking for ETFs with low fees that provide exposure to a range of cryptocurrencies beyond just Bitcoin. First, I need to check the references provided to find relevant data.

Looking at the references, Number 1 lists ETFs with a crypto theme, assets over $10 million, and sorted by the lowest fee ratio. The top 10 include several Bitcoin and Ethereum ETFs with expense ratios as low as 0%. However, most of these are single-asset ETFs, either Bitcoin or Ethereum. The user wants exposure to a range of cryptos, not just Bitcoin, so I need to see if there are any multi-asset ETFs with low fees.

Reference Number 6 and 16 mention queries for ETFs with more than 10 crypto assets and expense ratios below 0.25%, but both returned 0 results. That suggests there are no ETFs meeting those criteria. However, Reference Number 11 lists low-cost crypto ETFs excluding Bitcoin-only or Ethereum-only funds, but all have expense ratios above 0.25%. The cheapest there is 0.95%, which is still higher than the user might prefer.

Wait, Reference Number 17 and 18 talk about Bitwise's attempt to convert their 10 Crypto Index Fund into an ETF, but the SEC paused the approval. The fund holds Bitcoin, Ethereum, and other altcoins, but the expense ratio is 2.5%, which is high. So that's not suitable for low fees.

Reference Number 12 mentions 21Shares filing for a Crypto 10 Index ETF and a Crypto 10 ex-BTC ETF, but they haven't been approved yet. The expense ratio isn't specified, but since they're new filings, it's uncertain if they'll have low fees.

The user's profile shows interest in sectors like Blockchain Economy, so they might appreciate ETFs that offer diversified crypto exposure. However, based on the data, there are no ETFs that meet both the low fee (below 0.25%) and multi-asset criteria. The closest are single-asset ETFs with low fees, but the user specifically asked for a range beyond Bitcoin.

So, the conclusion is that there are no ETFs currently available that fit both criteria. The answer should highlight the lack of such ETFs and suggest alternatives like single-asset ETFs or waiting for new products. Also, mention regulatory developments in countries like South Korea and Japan, as those might bring more options in the future.

### 🎯 **Conclusion**
**There are no ETFs currently available that provide diversified cryptocurrency exposure (beyond Bitcoin) with an expense ratio below 0.25%.** However, several single-asset Bitcoin and Ethereum ETFs offer extremely low fees (0%–0.25%), and regulatory developments in South Korea and Japan may soon expand options for multi-crypto ETFs. Below is a detailed analysis of the current landscape and potential opportunities.

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### 📊 **Analysis of Low-Cost Crypto ETFs**
#### 1. **Single-Asset ETFs with Low Fees**
The following ETFs focus on Bitcoin or Ethereum but have expense ratios below 0.25%:
| ETF Code | ETF Name | Expense Ratio | Assets Under Management | Key Features |
|----------|-----------------------------------|---------------|-------------------------|--------------|
| HODL.B | VanEck Bitcoin ETF | 0% | $2 billion | Direct Bitcoin exposure |
| ETHV.B | VanEck Ethereum ETF | 0% | $237 million | Direct Ethereum exposure |
| EZBC.B | Franklin Bitcoin ETF | 0.19% | $630 million | Actively managed |
| EZET.B | Franklin Ethereum ETF | 0.19% | $81 million | Actively managed |
| ETH.P | Grayscale Ethereum Mini Trust ETF | 0.15% | $10 million | Mini-sized exposure |

**Key Takeaway**: While these ETFs are limited to Bitcoin or Ethereum, they offer the lowest fees in the crypto ETF space. For investors seeking diversification, combining multiple single-asset ETFs could mimic a multi-crypto portfolio.

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#### 2. **Multi-Asset ETFs: Regulatory Hurdles and Future Potential**
- **Bitwise 10 Crypto Index Fund (BITW)**: Holds Bitcoin, Ethereum, and 8 altcoins (e.g., Solana, XRP) but has a high expense ratio (2.5%) . The SEC recently paused its conversion to an ETF, creating uncertainty .
- **21Shares FTSE Crypto 10 Index ETF**: A filing for a diversified crypto ETF tracking the top 10 cryptocurrencies, but it’s still pending regulatory approval .
- **SBI Holdings (Japan)**: Proposed Bitcoin and XRP ETFs, but no multi-asset ETFs yet .

**Key Takeaway**: Multi-asset crypto ETFs are still in the early stages of development. Regulatory approvals and fee structures will determine their viability for cost-sensitive investors.

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#### 3. **Regulatory Developments to Watch**
- **South Korea**: The Financial Services Commission (FSC) is reviewing its ban on spot crypto ETFs, potentially opening the door for multi-crypto ETFs .
- **Japan**: SBI Holdings has filed for Bitcoin and XRP ETFs, signaling a push toward mainstream crypto investment .

**Key Takeaway**: Regulatory changes in Asia could accelerate the availability of low-cost, diversified crypto ETFs. Stay updated on SEC decisions in the U.S. and FSC actions in South Korea.

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### 🛠️ **Final Recommendations**
1. **For Immediate Exposure**: Use single-asset ETFs like HODL.B (Bitcoin) or ETHV.B (Ethereum) for low-cost, direct crypto exposure.
2. **For Diversification**: Monitor regulatory developments and consider multi-asset ETFs once they become available.
3. **For Long-Term Strategy**: Track global regulatory trends and prioritize ETFs with institutional-grade custody (e.g., Binance-BBVA partnerships) .

**Final Thought**: The crypto ETF space is evolving rapidly. While low-cost, diversified options are scarce today, regulatory approvals and market demand could unlock new opportunities soon. 🚀