IBIT vs BITB: the trading giant vs the lowest-fee spot bitcoin ETF
IBIT is the ETF everyone trades — the deepest options market and tightest spreads. BITB charges the lowest ongoing fee of any major spot bitcoin ETF. Your holding period decides which one actually costs less.
IBIT9.2
TRADING SIZE OR OPTIONS
0.25% expense ratio, BlackRock, NASDAQ-listed, the deepest options market of any spot bitcoin ETF.
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BITB8.7
LOWEST ONGOING FEE
0.20% expense ratio, Bitwise, NYSE Arca-listed — the cheapest of the major issuers to hold long-term.
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Side by side
Verified JUL 2026. BTC {{ price }}
OUR VERDICT
Pick IBIT if you trade actively or use options — nothing else has the depth. Pick BITB if you're buying and holding for years, since a 0.05-point fee gap compounds meaningfully over a long horizon.
Common questions
Does a 0.05% fee gap really matter?
On $50,000 held for 10 years, it's roughly $250 in annual fee savings at today's price — modest, but it compounds and adds up for larger, longer-held positions.
Do both funds actually hold bitcoin?
Yes — both are physically backed spot bitcoin ETFs, not futures-based products.