A coin held in a brokerage account rarely returns exactly what the coin itself returned, and the gap between the two is the subject here. Of the 43 spot crypto ETFs ETFIQ can measure on Oct 6, 2026, 38 finished within a point of the coin they hold. The typical difference, across all of them, is 0.60%. That number is the fee, the custody arrangement, and the friction of creating and redeeming shares in blocks, all bundled into one number, and it is the one number on this desk that no sponsor publishes itself.
Nine coins are spread across 48 exchange traded funds, and the coins with several funds attached are where the difference is worth reading closely. Solana has eight funds, with a median difference of +0.3% and all eight within a point of the coin, ranging from Bitwise Solana Staking ETF at +0.9% down to Invesco Galaxy Solana ETF and VanEck Solana ETF, both at −0.1%. Bitcoin carries the most funds, 13, with a median difference of −0.5% and 11 of 12 within a point; most of its funds cluster tightly between −0.4% and −0.6%, though Morgan Stanley Bitcoin Trust sits at −1.0% and Grayscale Bitcoin Trust ETF at −1.4%. Ether's 11 funds post a median of −0.7%, with nine of 11 within a point, Grayscale Ethereum Staking Mini ETF the closest at +0.2% and Grayscale Ethereum Staking ETF further out at −1.2%. XRP's six funds all sit within a point of the coin, with a median difference of −0.7%. Dogecoin's three funds show a median of −0.7%, with two of three within a point; Grayscale Dogecoin Trust ETF falls outside that band at −1.1%. Litecoin, Chainlink and Polkadot each carry one or two funds: 21shares Polkadot Staking ETF matches its coin at +0.0%, Canary Litecoin ETF sits at −0.2%, and Bitwise Chainlink ETF, the only fund on that coin, is furthest from its underlying asset in this table at −2.2%.
Two trusts are quoted too thinly to compare in this way, closing unchanged on more than one trading day in twenty. Their difference against the coin reflects the days somebody happened to trade rather than what the fund itself did over the period, so they are shown here without being set alongside the rest.
Separately, 43 fund-windows cannot have their gap stated by simple subtraction at all. Once a return has compounded over enough time, subtracting one total return from another stops describing the gap and starts describing the arithmetic of compounding itself. ETHE since January 2020 returned +627.8% against Ether's own +1,854.4%; subtracting those numbers gives −1,227 points, a number that means nothing. The compounded gap, which does mean something, is −62.8%, and that is the number the site prints for those longer windows.
A reader working from the live desk can look up, for the fund and coin they hold, which of these two numbers applies to the window they care about, and whether their fund sits inside or outside the one-point band the rest of its coin's funds occupy.