Ranked: The Largest Bitcoin ETFs in the U.S.

This post is by Marcus Lu from Visual Capitalist

See this visualization first on the Voronoi app.

Graphic illustrating the eight largest Bitcoin ETFs in the U.S.

Ranking the Largest Bitcoin ETFs in the U.S.

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In early January 2024, the U.S. Securities and Exchange Commission (U.S. SEC) gave its approval on exchange-traded funds (ETFs) to track Bitcoin, giving investors an alternative pathway to accessing the world’s biggest cryptocurrency. In this graphic, we’ve shown the eight largest Bitcoin ETFs in the U.S. by assets under management (AUM), as of Feb. 27, 2024. To elaborate, these are ETFs that buy and hold actual Bitcoin, meaning their performance will generally follow that of Bitcoin itself. The data used to create this graphic was sourced from VettaFi.
ETF NameTickerAUM
Grayscale Bitcoin TrustGBTC$22.7B
iShares Bitcoin Trust RegisteredIBIT$6.6B
Fidelity Wise Origin Bitcoin FundFBTC$4.7B
ARK 21Shares Bitcoin ETFARKB$1.6B
Bitwise Bitcoin ETF TrustBITB$1.2B
Invesco Galaxy Bitcoin ETFBTCO$314M
VanEck Bitcoin TrustHODL$205M
Valkyrie Bitcoin FundBRRR$159M
From these numbers we can see that Grayscale’s Bitcoin Trust (GBTC) is the largest by a wide margin. As its name implies, GBTC was originally structured as a trust, but was converted to an ETF on Jan. 11, 2024.

Why Buy a Bitcoin ETF?

Bitcoin ETFs simplify the process of buying and storing Bitcoin. This is because they can be purchased within a traditional brokerage account, (Read more…)