In 2026, the Fidelity Crypto Industry and Digital Payments ETF (FDIG), which holds companies involved in bitcoin and crypto, has gained 18.52%, while the iShares Bitcoin Trust ETF (IBIT), holding only bitcoin itself, has dropped 6.4%. FDIG’s better performance is driven by leveraged equity proxies like Strategy and Coinbase, which can outperform bitcoin even when the coin’s price is flat or down. IBIT offers pure bitcoin exposure without management or operational risks, suitable for investors wanting direct bitcoin exposure. The performance gap may reverse if bitcoin prices fall sharply and company balance sheets become more critical.
Bitcoin ETFs experienced their strongest month of 2026 in April with about $2 billion in net inflows, driven by easing U.S.-China trade tensions, Bitcoin's price recovery near $80,000, and strong demand for BlackRock’s IBIT fund. However, in the week...
In May, BlackRock's iShares Bitcoin Trust (IBIT) increased its Bitcoin holdings by over $537 million, rising from about 810,000 to 823,000 BTC early in the month. However, the fund later reduced its holdings by 6,000 BTC, signaling a shift from accum...
BlackRock’s iShares Bitcoin Trust accelerated its Bitcoin sell-off on May 18 by depositing 2,221 BTC worth about $170.59 million to Coinbase Prime, ending a six-week buying streak that accumulated nearly $3 billion in Bitcoin. This sell-off coincided...
