Core Insights - The Fidelity Wise Origin Bitcoin Fund (FBTC) and the iShares Ethereum Trust ETF (ETHA) provide investors with access to Bitcoin and Ether, respectively, through traditional brokerage accounts, catering to high-risk tolerance investors [2][3] Fund Overview - Both FBTC and ETHA have an expense ratio of 0.25% and do not distribute dividends, making cost and yield non-factors in differentiating the two ETFs [4][5] - FBTC has $18.2 billion in assets under management (AUM), while ETHA has $10.0 billion [4] Performance Metrics - Over the past year, FBTC has returned -16.1%, while ETHA has returned -24.9% [4] - FBTC has a maximum drawdown of -32.64% over five years, compared to ETHA's -64.02% [6] - A $1,000 investment in FBTC would have grown to $1,804 over five years, while the same investment in ETHA would have decreased to $800 [6] Asset Composition - ETHA is fully invested in Ether, with 100% of its portfolio in Ether and negligible cash [7] - FBTC primarily holds Bitcoin, with 99.98% of its assets in Bitcoin [8] Investment Implications - ETHA has experienced greater losses and higher drawdowns compared to FBTC over the past year [10] - Both ETFs offer a way for investors to gain exposure to specific cryptocurrencies without the risks associated with cryptocurrency exchanges [11]

Crypto-keen Russians are spending millions of dollars on domestic financial products based on BlackRock Bitcoin and Ethereum exchange-traded funds. That’s according to the country’s central bank, which, according to the Russian outlet RBC, says that the worth of individual investments in cryptocurrency futures contract funds on the Moscow Exchange, the MOEX, currently totals over $27 million. The majority of investors are “building small portfolios” of shares in the funds worth up to $6,430, the bank sai ...

Cryptocurrency Market Overview - Bitcoin has entered a bear market, down over 20% from its all-time high of $126,272 reached in October, and has fallen below $100,000 [1] - Major Bitcoin ETFs, including iShares Bitcoin Trust ETF, Fidelity Wise Origin Bitcoin Fund, and Grayscale Bitcoin Trust ETF, have each dropped more than 8% this week [2] - Ethereum has decreased by 35.82% from its all-time intraday high of $4,955.23 in August 2025, with related ETFs dropping nearly 10% this week [4] ETF Performance - iShares Bitcoin Trust ETF (IBIT) last traded at $53.48, down 3.80% [3] - Fidelity Wise Origin Bitcoin Fund (FBTC) last traded at $82.18, down 3.80% [3] - Grayscale Bitcoin Trust ETF (GBTC) last traded at $73.78, down 3.78% [3] - iShares Ethereum Trust (ETHA) last traded at $23.69, down 1.04% [5] - Grayscale Ethereum Mini Trust (ETHE) last traded at $25.75, down 0.92% [5] - Fidelity Ethereum Fund (FETH) last traded at $31.30, down 0.95% [5] Market Sentiment - Negative sentiment towards cryptocurrencies has persisted, with significant outflows from Bitcoin and Ethereum ETFs, totaling $932 million and $438 million respectively [3] - The probability of a Federal Reserve rate cut next month has decreased to 45%, with 54% of market watchers expecting no change [5]

Core Insights - The future of Ethereum and its associated ETF, iShares Ethereum Trust ETF, remains uncertain but shows potential for growth and development in the coming years [2][3] Ethereum Developments - Vitalik Buterin, the founder of Ethereum, outlined plans for the cryptocurrency by 2030, focusing on lower usage fees and faster execution of smart contracts [4] - The Ethereum network aims to enhance scalability to handle significant workloads efficiently [4] - The scaling efforts include improvements not only to Ethereum itself but also to Layer-2 (L2) blockchains that enhance the network's performance [5] User Experience Enhancements - The integration of L2 platforms is expected to improve user experience by making it easier to move data and app links between different systems [5] - The goal is to make Ethereum-based applications as ubiquitous and user-friendly as popular programming languages like Java, Python, and C [6] ETF Insights - The iShares Ethereum Trust ETF provides a way for investors to gain exposure to Ethereum within tax-advantaged retirement accounts, such as IRAs [7] - The ETF structure also makes Ethereum accessible to institutional investors who may be hesitant to hold cryptocurrencies directly [7]

Group 1 - The article discusses the iShares Ethereum Trust ETF (NASDAQ: ETHA), which is designed to track the performance of Ethereum [1] - The focus is on identifying high-quality companies with strong balance sheets and shareholder-friendly policies [1] - The investment approach is long-only with a long-term focus, utilizing both quantitative and qualitative measures [1]

Core Insights - The article discusses how first-time crypto investors can create a diversified portfolio with just $500, focusing on Bitcoin and Ethereum as primary assets [1][2]. Group 1: Investment Options - Spot crypto exchange-traded funds (ETFs) are highlighted as a viable option for gaining exposure to Bitcoin and Ethereum without needing to purchase the cryptocurrencies directly [4][5]. - The iShares Bitcoin Trust ETF and iShares Ethereum Trust ETF from BlackRock are mentioned as popular choices for investors [4][6]. Group 2: Market Capitalization and Portfolio Allocation - Bitcoin has a market cap of approximately $2.4 trillion, representing nearly 60% of the total crypto market cap, while Ethereum's market cap is around $530 billion, accounting for roughly 13% [9][10]. - A suggested diversified portfolio could consist of 60% Bitcoin, 13% Ethereum, 5% XRP, and 2.5% Solana, with alternative allocations also proposed [10][11]. Group 3: Practical Implementation - With a $500 investment, a practical allocation could involve $350 for five shares of the iShares Bitcoin Trust and $140 for four shares of the iShares Ethereum Trust, leaving $10 for additional investments [11]. - The article emphasizes the simplicity of this strategy, which mirrors the approach of diversified crypto ETFs currently available in the market [12]. Group 4: Long-term Strategy - The article advocates for a buy-and-hold strategy for Bitcoin and Ethereum, suggesting that this approach is more sustainable compared to investing in riskier cryptocurrencies [13][14]. - For first-time investors, focusing on Bitcoin and Ethereum through low-cost ETFs is recommended as a sound investment strategy [14].

Cryptocurrency Market Overview - Bitcoin has recently surpassed its previous all-time high of approximately $112,000, reaching new highs above $123,000, and is currently up about 24% year-to-date [1] - Ethereum has increased nearly 50% over the past month, driven by treasury announcements and renewed investor interest, as it approaches key resistance levels [2] Bitcoin Investment Vehicles - The iShares Bitcoin Trust ETF (IBIT) has become a leading vehicle for Bitcoin exposure, with assets under management totaling $86.17 billion, allowing investors to track Bitcoin's price movements without direct ownership [3] - IBIT has experienced a pullback but remains above key moving averages and support at $66, indicating potential for institutional interest if Bitcoin resumes its upward trend [4] MicroStrategy's Bitcoin Strategy - MicroStrategy (MSTR) holds over 607,770 bitcoins, making it a significant equity play on Bitcoin, with shares up 43% year-to-date after a low of nearly $240 in April [6][7] - The company's strategy, led by Executive Chairman Michael Saylor, focuses on using corporate balance sheets to accumulate Bitcoin as a long-term store of value [6] Coinbase's Market Position - Coinbase Global (COIN) has solidified its role as a core infrastructure provider in the cryptocurrency ecosystem, with its stock up nearly 60% year-to-date, driven by favorable regulatory conditions and increased crypto popularity [9] - Upcoming earnings and Bitcoin's performance are expected to be major catalysts for Coinbase's short-term trajectory [10] BitMine Immersion's Ethereum Strategy - BitMine Immersion Technologies (BMNR) is focusing on building a substantial Ethereum treasury, currently holding 566,776 Ethereum valued at over $2 billion, with a goal to acquire 5% of the total Ethereum supply [12] - The stock has surged over 400% due to its aggressive strategy and backing from notable investors [13] iShares Ethereum Trust ETF - The iShares Ethereum Trust ETF (ETHA) has emerged as a key option for investors seeking exposure to Ethereum, with net assets totaling $10.5 billion as of July 24, and has surged alongside Ethereum's recent price increase [15][16] Market Sentiment and Future Outlook - The recent breakouts of Bitcoin and Ethereum have reignited interest in the crypto landscape, with investors looking for signs of leadership and momentum in crypto-linked equities and ETFs [17] - More stable investment vehicles like IBIT, COIN, and ETHA may provide a balanced approach for investors participating in the next phase of the crypto cycle [18]