The iShares Bitcoin ETF (IBIT) from BlackRock is the largest spot Bitcoin ETF in the U.S. with $97.1 billion in assets. As more ETFs from Fidelity, ARK, and Grayscale compete, the best choice for investors is crucial. IBIT offers simplicity, security, and liquidity, making it a top contender. Fees and expenses are key factors in determining the best Bitcoin ETF.
Fidelity’s Bitcoin ETF is IBIT’s main competitor, with $25 billion in assets. Grayscale’s GBTC, the first bitcoin fund, has $20 billion in assets. ARK’s ARKB is a tech-savvy competitor to IBIT. Fee comparison shows Grayscale’s BTC as the cheapest and best-performing Bitcoin ETF due to low expenses.
The composition of spot Bitcoin ETFs is similar, with fees being the main differentiator. BTC has the lowest fees and best performance, while GBTC lags due to high fees. With 12 spot Bitcoin ETFs available, IBIT competes with Fidelity, Grayscale, and ARK. Choosing the best Bitcoin ETF comes down to fees and expenses, with lower costs typically leading to better returns.
Read more at Yahoo Finance: Fidelity and Grayscale Challenge IBIT