BESO vs BITW

BESOCGSR Crypto Core3 ETF

BITWBBitwise 10 Crypto Index ETF

In short

BESO Three coins, one ticker. BESO holds Bitcoin, Ethereum and Solana inside a 1940 Act fund whose stated goal pairs capital appreciation with current income, while much of the field tracks broader crypto indexes.

BITW Crypto's original index fund. Live since 2017, first as a private placement and now as an ETF, it holds the ten largest crypto assets and rebalances monthly. That long history carries a 0.75% fee.

Stated mandate

BESO The Fund seeks capital appreciation and current income.

BITW The fund seeks to invest in a broad portfolio of crypto assets that tracks the Bitwise 10 Large Cap Crypto Index, with monthly rebalancing to reflect index changes.

Why people hold it

• BESO The roster stops at Bitcoin, Ethereum and Solana. No long tail of micro-cap tokens riding along, so you always know exactly which three chains you own.
• The stated objective is capital appreciation and current income, a second job most crypto baskets don't take on.
• Comes in a 1940 Act registered-fund wrapper, the same structure behind conventional stock and bond ETFs, bought in a brokerage account with no wallets or keys.

• BITW Longevity is the edge: operations began in November 2017, one of the longest continuous records among multi-coin crypto baskets, spanning several boom-and-bust cycles.sec.gov
• One ticker, ten coins: the portfolio mirrors the Bitwise 10 Large Cap Crypto Index and rebalances monthly as the index changes, so you skip wallets, keys and coin-picking.
• No style drift. The fund holds what its index says it holds, one of the tighter mandate implementations among the ten funds in its category.
• Reports like a public company: annual 10-K and quarterly 10-Q filings with the SEC put holdings and audited financials on the record.sec.govsec.gov 2

Worth knowing

• BESO At 1.00% a year it sits at the pricier end of the crypto-basket shelf: EZPZ charges nothing and NCIQ 0.25%.
• A 2026 launch, still small and thinly traded, which usually means wider bid-ask spreads than the category's household names.
• The income half of the mandate has no set payout schedule behind it yet, so treat distributions as a possibility rather than a feature.

• BITW Cost is the trade-off: 0.75% sits above the category median, and cheaper broad crypto baskets exist (EZPZ at 0.19%, NCIQ at 0.25%).
• Crypto sits at the volatile end of the shelf. A ten-asset basket blunts single-coin blowups, but not the asset class's deep drawdowns.
• It trades lighter than the category's busiest names, so spreads can run wider, and the trust makes no distributions: price is the whole return story.

Full BESO profile⁠

Full BITW profile⁠