Three main Bitcoin ETFs offer different cost and structure options for investors seeking crypto exposure without holding Bitcoin directly.

Bitcoin has risen about 5% recently, nearing $74,900 after a tough start to the year. Investors wanting Bitcoin exposure without owning the cryptocurrency directly can choose among three main ETFs: ProShares Bitcoin ETF (BITO), a futures-based fund with a 0.9% yield but higher costs and roll costs; Grayscale Bitcoin Trust (GBTC), the largest spot Bitcoin ETF with a 1.5% fee and no dividend; and ARK 21Shares Bitcoin ETF (ARKB), a low-cost spot ETF with a 0.21% expense ratio and no dividend. Each ETF differs in structure, cost, and history, impacting long-term returns and suitability depending on investor needs and account types.