Top 20 Bitcoin ETFs: Fees, Promotions & Holdings

Navigating the world of Bitcoin ETFs? This guide simplifies your choices, comparing fees, promotions, and holdings to help Singaporean investors make informed decisions.

SingSaver Team

written_by SingSaver Team

updated: Apr 11, 2025

The information on this page is for educational and informational purposes only and should not be considered financial or investment advice. While we review and compare financial products to help you find the best options, we do not provide personalised recommendations or investment advisory services. Always do your own research or consult a licensed financial professional before making any financial decisions.

The introduction of spot Bitcoin ETFs marks a significant development in the investment landscape. To understand the implications for Singaporean investors, this guide provides a breakdown of what a spot Bitcoin ETF is and why it matters.

» Read more: Is Bitcoin a good long-term investment?

Spot Bitcoin ETF: What is it?

A spot Bitcoin ETF is an exchange-traded fund, a type of investment fund that trades on stock exchanges like a stock. Its value directly reflects the price of Bitcoin, primarily by holding a significant amount of the cryptocurrency itself.   

While various crypto-related ETFs and trusts have existed, spot Bitcoin ETFs are distinct. Unlike indirect investment vehicles, these ETFs offer direct exposure to Bitcoin's price movements, similar to how spot gold ETFs track the price of gold bullion.   

Spot Bitcoin ETFs gained significant traction following their approval in the United States, with trading commencing on January 11, 2024.

 This development has increased accessibility to Bitcoin investing, prompting a need for Singaporean investors to understand their potential benefits and long-term suitability.

» Read more: Beginner’s guide to ETFs

Top 20 spot Bitcoin ETFs by fee

ETF 

Ticker

ETF Name

Fee 

(Expense Ratio)

Fee Waiver Details

IBIT

iShares Bitcoin Trust

0.12%1

0.12% fee for 12 months or until $5 billion in assets

FBTC

Fidelity Wise Origin Bitcoin

0.25%

NA

GBTC

Grayscale Bitcoin Trust

1.50%

NA

ARKB

ARK 21Shares Bitcoin ETF

0.21%

0% fees for first 6 months or $1 billion in assets2

BTC

Grayscale Bitcoin Mini Trust ETF

0.15%

NA

BITB

Bitrwise Bitcoin ETF

0.20%

NA

BITO

ProShares Bitcoin ETF

0.95%

NA

HODL

VanEcxk Bitcoin Trust

0.20%

Fee waived until 10 January 2026

EZBC

Franklin Bitcoin ETF

0.19%

NA

BTCW

WisdomTree Bitcoin Fund

0.25%

0.15% until 31 December 20253

BITX

2x Bitcoin Strategy ETF

1.90%

NA

BITU

ProShares Ultra Bitcoin ETF

0.95%

NA

BTCO

Invesco Galaxy Bitcoin ETF

0.25%

NA

BITQ

Bitwise Crypto Industry Innovators ETF

0.85%

NA

BTCW

WisdomTree Bitcoin Fund

0.25%

NA

BTCI

NEOS Bitcoin High Income ETF

0.98%

NA

SPBC

Simplify US Equity PLUS Bitcoin Strategy ETF

0.76%

NA

BITS

Global X Blockchain & Bitcoin Strategy ETF

0.65%

NA

STCE

Schwab Crypto Thematic ETF

0.30%

NA

DEFI

Hashdex Bitcoin ETF

0.50%

0.25% until 31 December, 20254

Source: Various fund sites. Updated to 4 April, 2025. The data presented here is intended for informational purposes and not for trading purposes.
 

It's important to remember that while spot Bitcoin ETFs aim to closely mirror Bitcoin's price by holding the cryptocurrency, their returns may not precisely match Bitcoin's performance.

» Read more: The best brokerage accounts for ETF trading

Top brokerage accounts in Singapore

Min. Trading Fee
0%*
Min. Commission Fee (US Stocks)
US$ 0 *
Min. Deposit
S$ 0
Min. Commission Fee (SG Stocks)
S$ 0 *
eligible_rewards (4)
Min. Trading Fee
0%
Min. Commission Fee (US Stocks)
n_a
Min. Deposit
S$ 0
Min. Commission Fee (SG Stocks)
S$ 0
Min. Trading Fee
0.03%
Min. Commission Fee (US Stocks)
US$ 1
Min. Deposit
S$ 0
Min. Commission Fee (SG Stocks)
S$ 3
eligible_rewards (2)

What is MAS's stance on Bitcoin ETFs?

The Monetary Authority of Singapore (MAS) has adopted a cautious approach towards Bitcoin ETFs, with current regulations generally precluding their availability to retail investors. MAS emphasises the speculative nature and inherent risks associated with cryptocurrencies, leading to restrictions on widespread retail access to such investment products.

This means that if you're a retail investor in Singapore5, your options for directly investing in Bitcoin ETFs are currently limited. 

While you might encounter information about these products in other markets, accessing them locally can be challenging due to MAS regulations.

However, it's worth noting that Monochrome Bitcoin (IBTC)6 is among the few regulated Bitcoin ETFs that may be accessible to certain investors in Singapore, subject to specific eligibility criteria and regulatory requirements. This fund offers a regulated avenue for those seeking Bitcoin exposure.

» Read more: Best investment apps for beginners (2025)

Who are the custodians for Bitcoin ETFs?

An ETF custodian is a financial institution that holds the assets of an exchange-traded fund (ETF) to ensure their safety. Their role is to safeguard the underlying assets, whether they be stocks, bonds, or in this case, Bitcoin, and to facilitate the smooth transfer of assets during transactions. 

This provides a layer of security and oversight for ETF investors.

For Bitcoin ETFs, custodianship functions similarly, with a custodian holding the Bitcoin on behalf of the ETF and its investors. However, unlike traditional ETFs that hold securities, Bitcoin ETFs hold a digital asset, which introduces unique security considerations. 

While the custodian's role remains asset protection, the digital nature of Bitcoin necessitates robust cybersecurity measures and secure storage solutions.

With any investment, it's important to acknowledge the inherent risks associated with Bitcoin ETFs. 

Like any investment, their value can fluctuate significantly. Furthermore, the nascent nature of the cryptocurrency market and evolving regulations add an extra layer of complexity. 

Investors should carefully weigh these factors before considering investing in Bitcoin ETFs.

» Read more: Best ETFs to invest in right now

Making informed decisions in the Bitcoin ETF market

A thorough understanding of the diverse spot Bitcoin ETFs available is crucial for Singaporean investors. Factors like fees, holdings, and risk profiles vary significantly between funds.

Carefully evaluate your investment goals, risk tolerance, and the specific features of each ETF before making any investment decisions in this dynamic market.

Sources

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SingSaver Team

SingSaver Team

At SingSaver, we make personal finance accessible with easy to understand personal finance reads, tools and money hacks that simplify all of life’s financial decisions for you.