Skip to content
etf.net

BITW vs TTOP

Bitwise 10 Crypto Index ETF

BITWBNYSE Arca

21Shares FTSE Crypto 10 Index ETF

TTOPCNYSE Arca

Overlap

Expense ratio

BITW −0.82pt a year

BITW0.75%TTOP1.57%

Avg volume · 30D

BITW 59.2×the volume

BITW31.6KTTOP533

BITW vs TTOP Performance

Dec 31, 2025 – Nov 2, 2026

−16.5%BITW−15.9%TTOP

Dec 31, 2025 to Nov 2, 2026. BITW −16.5%. TTOP −15.9%. Use the arrow keys to read each point.−30%−10%0%10%Dec 2025Jun 2026Nov 2026
Expense ratio
BITW 0.75%, better
TTOP 1.57%
Fund size
BITW $663M
TTOP $1M
1Y total return
BITW −34.4%
TTOP No data
Holdings
BITW 10
TTOP 11
Avg volume (30D)
BITW 31.6K sh, better
TTOP 533 sh
NAV per share
BITW $49.24
TTOP $17.94
52W range

ETF.net Grade

BITW: Cost 44, Risk 32, Mission 100, Tradability 70, Holdings 54, Durability 80. TTOP: Cost 5, Risk 56, Mission 100, Tradability 12, Holdings 57, Durability 22.
Pillar letters and Scores for BITW, TTOP, with each pillar’s weight
PillarBITWTTOP
Cost30% weightC44HigherF5
Mission25% weightA100A100
Risk15% weightD32B56Higher
Tradability15% weightA70HigherF12
Holdings10% weightC54B57Higher
Durability5% weightA80HigherF22

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 TTOP 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 TTOP 8th of 10 funds in the Spot Crypto Basket Category.

  1. Rank 1AEZPZFranklin Crypto Index ETFScore 75
  2. Rank 2ANCIQHashdex Nasdaq Crypto Index US ETFScore 71
  3. Rank 3AGDLCGrayscale CoinDesk Crypto 5 ETFScore 70
  4. Rank 4BBITWBitwise 10 Crypto Index ETFScore 62
  5. Rank 5BVAVXVanEck Avalanche ETFScore 61
  6. Rank 8CKRYPProShares CoinDesk 20 Crypto ETFScore 40
  7. Rank 8CTTOP21Shares FTSE Crypto 10 Index ETFScore 40
  8. Rank 8CTXBC21Shares FTSE Crypto 10 ex-BTC Index ETFScore 40

Our read on each fund

ETF.net Research

BITWBBitwise 10 Crypto Index ETF

TTOPC21Shares FTSE Crypto 10 Index 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.

TTOP 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.

TTOP 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

TTOP 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.

TTOP No data

Full BITW profile⁠

Full TTOP profile⁠

BITW vs TTOP 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 TTOP Cost

Overpaying TTOP vs BITW

$12,784

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

  • BITW 0.75%

    $14,482

  • TTOP 1.57%

    $27,266

$10,000
30 years

Cost over time

  • BITW 0.75%
  • TTOP 1.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530TTOP $27,266BITW $14,482

Year by year

YearBITWTTOPOverpaying
10$1,336$2,703$1,367
20$5,078$9,904$4,826
30$14,482$27,266$12,784

Expense ratio

  • 0.75%BITW, cheaper
  • 1.57%TTOP
  • Middle half of Spot Crypto Basket funds
  • Median 0.67%

BITW 6th cheapest of 10 funds

TTOP 10th cheapest of 10 funds

BITW vs TTOP Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
BITW None
TTOP None

Distribution history

BITWAll BITW payments⁠

No distribution history available.

TTOPAll TTOP payments⁠

No distribution history available.

BITW vs TTOP 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%TTOP No data
Return per unit of riskSharpe ratio, 3 years
BITW 0.74TTOP No data
Worst fallMax drawdown, 5 years
BITW −90.4%TTOP No data
Market sensitivityBeta, 5 years
BITW 2.49TTOP 1.08

BITW and TTOP in the news

All news⁠

Popular comparisons

  • BITWBvsEZPZA

    Bitwise 10 Crypto Index ETF · Franklin Crypto Index ETF

    Expense ratio
    0.75% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TTOPCvsEZPZA

    21Shares FTSE Crypto 10 Index ETF · Franklin Crypto Index ETF

    Expense ratio
    1.57% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BITWBvsNCIQA

    Bitwise 10 Crypto Index ETF · Hashdex Nasdaq Crypto Index US ETF

    Expense ratio
    0.75% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TTOPCvsNCIQA

    21Shares FTSE Crypto 10 Index ETF · Hashdex Nasdaq Crypto Index US ETF

    Expense ratio
    1.57% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BITWBvsGDLCA

    Bitwise 10 Crypto Index ETF · Grayscale CoinDesk Crypto 5 ETF

    Expense ratio
    0.75% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TTOPCvsGDLCA

    21Shares FTSE Crypto 10 Index ETF · Grayscale CoinDesk Crypto 5 ETF

    Expense ratio
    1.57% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.