Ranked by how far the fund’s return landed from the coin’s, in either direction, the longest window each has, as of . Rebuilt every trading night.
The crypto ETFs closest to their coin
Tracking is a distance and not a direction, and zero is not the middle of this set: 31 of the 41 funds measured finished ahead of their coin rather than behind it, the middle one by 0.52 points. A coin trades around the clock and a fund prices at four, which lifts the whole set, so a fund at the top of this list can be one that finished behind its coin while every fund under it finished ahead. Read the Difference column beside the gap for which way each one missed. Over a year the fee alone is a floor under how close any of them can get: a quarter of a percent charged is a quarter of a point of gap before anything else happens.
| # | Ticker | Fund | Sponsor | Holds | Fee | The fund | The coin | Difference | Gap |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TDOG | 21Shares Dogecoin ETF | 21Shares | Dogecoin | 0.50% | −32.2% | −32.2% | 0.0 pts | 0.0 pts |
| 2 | XRP | Bitwise XRP ETF | Bitwise | XRP | 0.34% waived | −32.2% | −32.1% | −0.1 pts | 0.1 pts |
| 3 | BWOW | Bitwise Dogecoin ETF | Bitwise | Dogecoin | 0.34% waived | −45.8% | −45.5% | −0.2 pts | 0.2 pts |
| 4 | ETHE | Grayscale Ethereum Staking ETF | Grayscale | Ether | 2.50% | −43.3% | −43.6% | +0.3 pts | 0.3 pts |
| 5 | MSBT | Morgan Stanley Bitcoin Trust | Morgan Stanley | Bitcoin | 0.14% | +8.3% | +8.6% | −0.3 pts | 0.3 pts |
| 6 | GBTC | Grayscale Bitcoin Trust ETF | Grayscale | Bitcoin | 1.50% | −33.5% | −33.2% | −0.4 pts | 0.4 pts |
| 7 | BTCW | WisdomTree Bitcoin Fund | WisdomTree | Bitcoin | 0.25% waived | −32.8% | −33.2% | +0.4 pts | 0.4 pts |
| 8 | BTCO | Invesco Galaxy Bitcoin ETF | Invesco | Bitcoin | 0.25% waived | −32.7% | −33.2% | +0.5 pts | 0.5 pts |
| 9 | XRPC | Canary XRP ETF | Canary | XRP | not read | −41.1% | −41.6% | +0.5 pts | 0.5 pts |
| 10 | BTC | Grayscale Bitcoin Mini Trust ETF | Grayscale | Bitcoin | 0.15% | −32.7% | −33.2% | +0.5 pts | 0.5 pts |
| 11 | FBTC | Fidelity Wise Origin Bitcoin Fund | Fidelity | Bitcoin | 0.25% | −32.7% | −33.2% | +0.5 pts | 0.5 pts |
| 12 | IBIT | iShares Bitcoin Trust ETF | iShares | Bitcoin | 0.25% waived | −32.7% | −33.2% | +0.5 pts | 0.5 pts |
| 13 | BITB | Bitwise Bitcoin ETF | Bitwise | Bitcoin | 0.20% waived | −32.7% | −33.2% | +0.5 pts | 0.5 pts |
| 14 | ARKB | Ark 21Shares Bitcoin ETF | Ark | Bitcoin | 0.21% waived | −32.7% | −33.2% | +0.5 pts | 0.5 pts |
| 15 | BRRR | CoinShares Bitcoin ETF | CoinShares | Bitcoin | 0.25% waived | −32.6% | −33.2% | +0.5 pts | 0.5 pts |
Method
The gap carries the fee, the custody cost, the friction of creating and redeeming in blocks, and whatever the market paid for the shares rather than for the coin. Thinly quoted trusts are left out: a fund whose price sat unchanged on more than one trading day in twenty tops this list for a reason that has nothing to do with tracking. ETFIQ lists them on the desk and does not rank them here. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.
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Where these figures came from
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A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources
Cite this page. ETFIQ, The crypto ETFs closest to their coin, ranked by how far the fund’s return landed from the coin’s, in either direction, data as of Sep 11, 2026. https://etfiq.com/rankings/crypto-closest-to-the-coin Free to use with attribution; the underlying files are at Open data.