Spot Bitcoin ETFs lead with $102B assets, offering simpler, direct crypto exposure over futures ETFs.

Spot Bitcoin ETFs now manage over $102 billion in assets, providing investors direct Bitcoin exposure through regular brokerage accounts without the complexity of wallets or exchanges. Unlike futures ETFs, which hold contracts and often underperform due to tracking errors and roll costs, spot ETFs hold actual Bitcoin, closely tracking its price. BlackRock's iShares Bitcoin Trust (IBIT) dominates with $67 billion AUM, followed by Fidelity and Morgan Stanley's newer entries. Investors prioritize fees, liquidity, and institutional backing, with IBIT favored for liquidity and scale, while lower-fee options like Grayscale Mini Trust and Morgan Stanley's MSBT appeal to cost-conscious holders. This ETF growth is reshaping Bitcoin trading dynamics and attracting significant institutional interest.