Data as of Oct 28, 2026.

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Across categories

BITO vs VTEB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BITO returned −30.5% to VTEB's −0.4%, and VTEB charges 0.03% to BITO's 0.95%.

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Net assets: $1.6bn on Oct 28, 2026 for ProShares Bitcoin ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

At a glance
−30.5%
BITO total return, 1 year
−0.4%
VTEB total return, 1 year
0.95%
BITO expense ratio
0.03%
VTEB expense ratio

Pair scorecard

VTEB costs 0.92 points a year less; their one-year returns differ by 30.1 points; VTEB is far larger, $49.6bn against $1.7bn.

BITO vs VTEB: Differences, Returns & Fees
MeasureBITOVTEB
Return
Total return, 1 year−30.5%−0.4%
Benchmark
What it tracksBitcoin futures and swaps on BitcoinS&P National AMT-Free Municipal Bond Index
Cost and size
Expense ratio0.95%0.03%
Net assets, as of Sep 30, 2026$1.7bn$49.6bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, BITO and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BITO VTEB
Only in one fund ↓
Only in BITO
CME BITCOIN FUT DIGITAL ASSETS 27/NOV/2026 BTCX6 CURNCY 45.87%
CME BITCOIN FUT DIGITAL ASSETS 30/OCT/2026 BTCV6 CURNCY 34.05%
COINBASE BIT FUT DIGITAL ASSETS 30/OCT/2026 BTIV6 CURNCY 15.54%
S&P CME BITCOIN FUTURES DAILY ROLL INDEX SWAP SOCIETE GENERALE 4.59%
Only in VTEB
Vanguard Municipal Low Duration Fund 0.69%
State of California 0.15%
State of California 0.14%
New York State Dormitory Authority 0.13%
State of Illinois 0.12%
Ohio State University 0.12%
City of New York NY 0.10%
State of Wisconsin 0.10%
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Side by side

BITO ProShares Bitcoin ETF VTEB Vanguard Tax-Exempt Bond ETF
Where it sits Crypto futures ETF Bond ETF
What it is Holds Bitcoin futures and swaps on Bitcoin Tracks an index of Tax-Exempt Bond
Total return, 1 year −30.5% −0.4%
Expense ratio 0.95% 0.03%
Holdings not read by ETFIQ 11155
Net assets, BITO as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $1.6bn $49.6bn

BITO and VTEB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BITO

BITO is a registered fund that reaches Bitcoin through what its N-PORT for Aug 31, 2026 lists: Bitcoin futures and swaps on Bitcoin. Over the year to Oct 28, 2026, Bitcoin moved −28.3% and BITO returned −30.5%. That leaves it 2.2 percentage points behind. BITO is a registered investment company: it files a monthly N-PORT rather than a 10-K. Its N-PORT for Aug 31, 2026 puts 67.9% of its net assets in ProShares GENIUS Money Market ETF.

A holder gets exposure to Bitcoin without the fund holding the coin itself. That difference is the fee, the cost of rolling the futures from one month to the next, what the futures traded at against Bitcoin, and what the market paid for the shares, all of it together. It is the only number on this page the sponsor does not publish itself.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Are BITO and VTEB in the same category?
BITO is a crypto futures ETF and VTEB is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, BITO or VTEB?
In the year to Oct 28, 2026, with distributions reinvested, BITO returned −30.5% and VTEB −0.4%.
Which is cheaper, BITO or VTEB?
VTEB is cheaper, by 0.92 percentage points a year. That is about $92 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BITO against VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bito-vs-vteb

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