Particle.news
Download on the App Store

IBIT vs. ETHA: Scale, Liquidity and Returns Separate iShares’ Spot Crypto ETFs

With fees and structure matched, the decision hinges on whether investors prefer bitcoin’s store‑of‑value case or ether’s network‑utility case.

Overview

  • IBIT remains far larger and more actively traded, with roughly $67.8 billion in assets versus about $10.3 billion for ETHA as of the latest snapshot.
  • Both funds charge a 0.25% expense ratio, hold 100% of their respective cryptocurrencies, track CME CF reference rates, and currently pay no dividend.
  • Over the past year to Oct. 31, IBIT posted a ~55.4% total return compared with ~53.3% for ETHA.
  • Historical risk profiles differ, with IBIT showing a much smaller maximum drawdown (~28%) than ETHA (~64%).
  • Recent performance gaps have narrowed, but IBIT’s scale and liquidity advantage persists, reinforcing that long‑term selection turns on bitcoin versus ether fundamentals.