What it costs to hold a coin through a brokerage account
Of the 41 spot crypto ETFs ETFIQ can measure on Sep 8, 2026, 34 finished within a point of the coin they hold, and the typical difference is 0.20%. That difference is the fee, the custody, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin, all together, and it is the only figure on this desk the sponsor does not publish itself.
8 coins are represented across 43 exchange traded funds. A coin with several funds on it is where the difference is worth reading: the coin's own move is the same for all of them, so what separates the funds is what each one costs to hold.
3 trusts are quoted too thinly to compare, closing unchanged on more than one trading day in twenty. Their difference against the coin describes the days somebody traded rather than what the fund did, and they are published with that said rather than ranked.
24 fund-windows cannot state their gap by subtraction at all. Once either return has compounded, the difference of two returns is dominated by the compounding: $ETHE since January 2020 returned +627.8% against Ether's +1,854.4%, which subtracts to -1,227 points and means nothing. The compounded gap is -62.8%, and that is what the site prints for those windows.
By coin, most funds first
| Coin | Funds | Median difference | Within a point | Median coin return |
|---|---|---|---|---|
| Bitcoin | 12 | −0.2% | 10 of 11 | −30.0% |
| Ether | 11 | −0.0% | 10 of 11 | −42.3% |
| Solana | 8 | −0.3% | 7 of 8 | +59.2% |
| XRP | 4 | +0.0% | 4 of 4 | +24.7% |
| Avalanche | 3 | −0.1% | 3 of 3 | +20.6% |
| Dogecoin | 3 | −1.4% | 0 of 3 | +6.2% |
| Chainlink | 1 | +2.5% | 0 of 1 | +59.8% |
| Litecoin | 1 | · | · | · |
Every measurable fund, closest to its coin first
| Ticker | Fund | Sponsor | Holds | The fund | The coin | Difference |
|---|---|---|---|---|---|---|
| CLNK | Bitwise Chainlink ETF | Bitwise | Chainlink | +62.3% | +59.8% | +2.5% |
| BSOL | Bitwise Solana Staking ETF | Bitwise | Solana | +60.3% | +59.2% | +1.2% |
| ETH | Grayscale Ethereum Staking Mini ETF | Grayscale | Ether | −41.3% | −42.3% | +1.0% |
| TETH | 21Shares Ethereum Staking ETF | 21Shares | Ether | −42.0% | −42.3% | +0.2% |
| VAVX | VanEck Avalanche ETF | VanEck | Avalanche | +20.8% | +20.6% | +0.2% |
| XRP | Bitwise XRP ETF | Bitwise | XRP | +24.9% | +24.7% | +0.2% |
| XRPZ | Franklin XRP Trust | Franklin | XRP | +24.9% | +24.7% | +0.2% |
| FSOL | Fidelity Solana Fund | Fidelity | Solana | +59.3% | +59.2% | +0.1% |
| SOLC | Canary Marinade Solana ETF | Canary | Solana | +59.2% | +59.2% | +0.0% |
| FETH | Fidelity Ethereum Fund | Fidelity | Ether | −42.3% | −42.3% | +0.0% |
| EZET | Franklin Ethereum Trust | Franklin | Ether | −42.3% | −42.3% | −0.0% |
| ETHV | VanEck Ethereum ETF | VanEck | Ether | −42.3% | −42.3% | −0.0% |
| ETHA | iShares Ethereum Trust ETF | iShares | Ether | −42.3% | −42.3% | −0.0% |
| HODL | VanEck Bitcoin ETF | VanEck | Bitcoin | −30.1% | −30.0% | −0.1% |
| ETHW | Bitwise Ethereum ETF | Bitwise | Ether | −42.4% | −42.3% | −0.1% |
| SOEZ | Franklin Solana Trust | Franklin | Solana | +59.1% | +59.2% | −0.1% |
| QETH | Invesco Galaxy Ethereum ETF | Invesco | Ether | −42.4% | −42.3% | −0.1% |
| TOXR | 21Shares XRP ETF | 21Shares | XRP | +24.5% | +24.7% | −0.1% |
| GXRP | Grayscale XRP Trust ETF | Grayscale | XRP | +24.5% | +24.7% | −0.1% |
| BAVA | Bitwise Avalanche ETF | Bitwise | Avalanche | +20.5% | +20.6% | −0.1% |
| BTC | Grayscale Bitcoin Mini Trust ETF | Grayscale | Bitcoin | −30.1% | −30.0% | −0.1% |
| ARKB | Ark 21Shares Bitcoin ETF | Ark | Bitcoin | −30.2% | −30.0% | −0.2% |
| GAVA | Grayscale Avalanche Staking ETF | Grayscale | Avalanche | +20.4% | +20.6% | −0.2% |
| BITB | Bitwise Bitcoin ETF | Bitwise | Bitcoin | −30.2% | −30.0% | −0.2% |
| BTCO | Invesco Galaxy Bitcoin ETF | Invesco | Bitcoin | −30.2% | −30.0% | −0.2% |
| FBTC | Fidelity Wise Origin Bitcoin Fund | Fidelity | Bitcoin | −30.2% | −30.0% | −0.2% |
| BTCW | WisdomTree Bitcoin Fund | WisdomTree | Bitcoin | −30.3% | −30.0% | −0.3% |
| BRRR | CoinShares Bitcoin ETF | CoinShares | Bitcoin | −30.3% | −30.0% | −0.3% |
| IBIT | iShares Bitcoin Trust ETF | iShares | Bitcoin | −30.3% | −30.0% | −0.3% |
| QSOL | Invesco Galaxy Solana ETF | Invesco | Solana | +58.7% | +59.2% | −0.4% |
| VSOL | VanEck Solana ETF | VanEck | Solana | +58.7% | +59.2% | −0.5% |
| MSSE | Morgan Stanley Ethereum Trust | Morgan | Ether | +29.0% | +29.4% | −0.5% |
| ETHE | Grayscale Ethereum Staking ETF | Grayscale | Ether | −42.8% | −42.3% | −0.5% |
| TSOL | 21Shares Solana Staking ETF | 21Shares | Solana | +58.5% | +59.2% | −0.7% |
| MSBT | Morgan Stanley Bitcoin Trust | Morgan | Bitcoin | +26.4% | +27.2% | −0.7% |
| MSOL | Morgan Stanley Solana Trust | Morgan | Solana | +39.2% | +40.1% | −0.9% |
| GDOG | Grayscale Dogecoin Trust ETF | Grayscale | Dogecoin | +5.2% | +6.2% | −1.1% |
| GBTC | Grayscale Bitcoin Trust ETF | Grayscale | Bitcoin | −31.1% | −30.0% | −1.1% |
| ETHB | iShares Staked Ethereum Trust ETF | iShares | Ether | +50.6% | +51.7% | −1.1% |
| BWOW | Bitwise Dogecoin ETF | Bitwise | Dogecoin | +4.9% | +6.2% | −1.4% |
| TDOG | 21Shares Dogecoin ETF | 21Shares | Dogecoin | +4.7% | +6.2% | −1.6% |
Method. ETFIQ calculations from Tiingo end-of-day closes for each fund and Tiingo crypto closes for the coin it holds, read at the same two dates so that a weekend move belongs to the day it is realised on. The difference is the fund’s total return minus the coin’s. Where either return has compounded far enough that subtraction no longer states the gap, the gap between the two growth factors is published instead. Thinly quoted trusts are shown and not ranked. Medians across funds. Data file: https://etfiq.com/data/crypto.json. Rebuilt every trading night. ETFIQ is an independent publisher and makes no recommendations. Standards