2 Bitcoin ETFs to Avoid—and 1 to Watch in 2026

Bitcoin coin next to a tablet showing a red downward-trending market chart. Key Points Last year, Bitcoin spot exchange-traded products saw $9.9 billion in inflows despite Bitcoin’s lackluster performance.   Given those losses, the ProShares Bitcoin ETF and Grayscale Bitcoin Trust are not justifying their elevated expense ratios.  Meanwhile, the iShares Bitcoin Trust ETF—which has produced similar losses over the past year—offers a superior option with an expense ratio of just 0.25%. Interested in iSh ...