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BITW vs TKNZ

Bitwise 10 Crypto Index ETF

BITWBNYSE Arca

T. Rowe Price Active Crypto ETF

TKNZCNYSE Arca

Overlap

Expense ratio

BITW −0.15pt a year

BITW0.75%TKNZ0.90%

Avg volume · 30D

BITW 4.8×the volume

BITW31.6KTKNZ6.63K

BITW vs TKNZ Performance

Jul 31, 2026 – Oct 30, 2026

+21.8%BITW+24.4%TKNZ

Jul 31, 2026 to Oct 30, 2026. BITW +21.8%. TKNZ +24.4%. Use the arrow keys to read each point.0%10%30%40%Jul 2026Sep 2026Oct 2026
Expense ratio
BITW 0.75%, better
TKNZ 0.90%
Fund size
BITW $663M
TKNZ $24M
1Y total return
BITW −34.1%
TKNZ No data
Holdings
BITW 10
TKNZ 11
Avg volume (30D)
BITW 31.6K sh, better
TKNZ 6.63K sh
NAV per share
BITW $51.89
TKNZ $29.54
52W range

ETF.net Grade

BITW: Cost 44, Risk 32, Mission 100, Tradability 73, Holdings 54, Durability 80. TKNZ: Cost 34, Risk 95, Mission not scored, Tradability 63, Holdings 38, Durability 50.
Pillar letters and Scores for BITW, TKNZ, with each pillar’s weight
PillarBITWTKNZ
Cost30% weightC44HigherD34
Mission25% weightA100Not scored
Risk15% weightD32A95Higher
Tradability15% weightA73HigherB63
Holdings10% weightC54HigherD38
Durability5% weightA80HigherC50

Rank among Spot Crypto Basket funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BITW and TKNZ are both graded against the same 10 Spot Crypto Basket funds, so their Grades compare head to head.

Spot Crypto Basket⁠

Category · 10 funds
See all 10 ›

BITW ranks 4th and TKNZ 6th of 10 funds in the Spot Crypto Basket Category.

  1. Rank 1AEZPZFranklin Crypto Index ETFScore 76
  2. Rank 2AGDLCGrayscale CoinDesk Crypto 5 ETFScore 71
  3. Rank 2ANCIQHashdex Nasdaq Crypto Index US ETFScore 71
  4. Rank 4BBITWBitwise 10 Crypto Index ETFScore 63
  5. Rank 5BVAVXVanEck Avalanche ETFScore 62
  6. Rank 6CTKNZT. Rowe Price Active Crypto ETFScore 53
  7. Rank 7CBESOGSR Crypto Core3 ETFScore 46

Our read on each fund

ETF.net Research

BITWBBitwise 10 Crypto Index ETF

TKNZCT. Rowe Price Active Crypto ETF

In short

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.

TKNZ No data

Stated mandate

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.

TKNZ No data

Why people hold it

  • 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

TKNZ No data

Worth knowing

  • 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.

TKNZ No data

Full BITW profile⁠

Full TKNZ profile⁠

BITW vs TKNZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BITW vs TKNZ Cost

Overpaying TKNZ vs BITW

$2,558

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BITW 0.75%

    $14,482

  • TKNZ 0.90%

    $17,040

$10,000
30 years

Cost over time

  • BITW 0.75%
  • TKNZ 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TKNZ $17,040BITW $14,482

Year by year

YearBITWTKNZOverpaying
10$1,336$1,593$257
20$5,078$6,015$937
30$14,482$17,040$2,558

Expense ratio

  • 0.75%BITW, cheaper
  • 0.90%TKNZ
  • Middle half of Spot Crypto Basket funds
  • Median 0.67%

BITW 6th cheapest of 10 funds

TKNZ 7th cheapest of 10 funds

BITW vs TKNZ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BITW None
TKNZ None

Distribution history

BITWAll BITW payments⁠

No distribution history available.

TKNZAll TKNZ payments⁠

No distribution history available.

BITW vs TKNZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BITW 66.6%TKNZ No data
Return per unit of riskSharpe ratio, 3 years
BITW 0.74TKNZ No data
Worst fallMax drawdown, 5 years
BITW −90.4%TKNZ No data
Market sensitivityBeta, 5 years
BITW 2.49TKNZ 0.00

BITW and TKNZ in the news

All news⁠

Popular comparisons

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