which bitcoin etf has the lowest expense ratio

The OKX Bitcoin ETF (OKB) boasts the lowest expense ratio among Bitcoin ETFs at a mere 0.10%, offering investors cost-effective exposure to the cryptocurrency's price movements.

Oct 23, 2024 at 05:17 am

Which Bitcoin ETF Has the Lowest Expense Ratio?

Exchange-traded funds (ETFs) provide a convenient and cost-effective way to gain exposure to various asset classes, including cryptocurrency. Bitcoin ETFs, specifically, allow investors to invest in the price of Bitcoin without having to purchase the underlying asset directly.

One important consideration when investing in Bitcoin ETFs is the expense ratio. The expense ratio is an annual fee charged by the ETF to cover operating costs, such as management fees and administrative expenses. A lower expense ratio means that a larger portion of your investment will go towards Bitcoin exposure and less towards fees.

Here is a list of Bitcoin ETFs with the lowest expense ratios available in the market:

1. OKX Bitcoin ETF (OKB) - 0.10%
2. Grayscale Bitcoin Trust (GBTC) - 2.00%
3. Purpose Bitcoin ETF (BTCC) - 1.00%
4. VanEck Bitcoin Strategy ETF (XBTF) - 0.65%
5. Global X Bitcoin ETF (BITO) - 0.95%

OKB currently offers the lowest expense ratio among Bitcoin ETFs, at just 0.10%. This means that for every $10,000 invested in OKB, only $10 will go towards the annual fee. In contrast, GBTC, one of the oldest and largest Bitcoin ETFs, has an expense ratio of 2.00%, which is significantly higher.

It's important to note that expense ratios can change over time. Therefore, it's always advisable to check the latest expense ratios before making an investment decision. Additionally, consider other factors such as the underlying Bitcoin exposure, tracking error, liquidity, and investment objectives when selecting a Bitcoin ETF.