GFOF vs. BITQ ETF Comparison
Comparison of Grayscale Future of Finance ETF (GFOF) to Bitwise Crypto Industry Innovators ETF (BITQ)
GFOF
Grayscale Future of Finance ETF
GFOF Description
Grayscale Future of Finance ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Grayscale Advisors, LLC and Vident Investment Advisory, LLC. It It invests in the public equity markets across the globe. The fund seeks to invest in securities of companies operating in the enabling of buying, selling, and transacting in digital assets, the development of the infrastructure to create applications utilizing blockchain technology, the supply of infrastructure around the digital asset ecosystem, and the mining of digital assets. The fund invests in growth and value stocks of companies across all market capitalizations. The fund seeks to track the performance of the Bloomberg Grayscale Future of Finance Index, by using full replication technique. Grayscale Future of Finance ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$27.32
Average Daily Volume
2,676
14
BITQ
Bitwise Crypto Industry Innovators ETF
BITQ Description
The Bitwise Crypto Industry Innovators ETF (the Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bitwise Crypto Innovators 30 Index. The Index was designed to measure the performance of companies leading the rapidly emerging crypto economy. At least 85% of the index is focused on pure-play crypto companies, including bitcoin and crypto trading venues, crypto mining and mining equipment firms, and service providers. Examples include Coinbase (COIN), Silvergate Capital (SI), and MicroStrategy (MSTR). Up to 15% of the index is focused on supporting companies: Innovative large cap firms with diversified business interests that include at least one significant business line focused on the crypto economy. Examples include PayPal (PYPL), Nvidia (NVDA), and Square (SQ). The fund offers investors a picks and shovels approach to investing in the crypto economyGrade (RS Rating)
Last Trade
$20.65
Average Daily Volume
142,307
19
Performance
| Period | GFOF | BITQ |
|---|---|---|
| 30 Days | 30.62% | 36.90% |
| 60 Days | 50.59% | 62.79% |
| 90 Days | 44.51% | 54.66% |
| 12 Months | 137.81% | 173.95% |
10 Overlapping Holdings
| Symbol | Grade | Weight in GFOF | Weight in BITQ | Overlap | |
|---|---|---|---|---|---|
| APLD | A | 3.88% | 2.82% | 2.82% | |
| BTBT | C | 2.65% | 2.25% | 2.25% | |
| CIFR | B | 5.64% | 4.79% | 4.79% | |
| CLSK | C | 4.02% | 4.48% | 4.02% | |
| COIN | C | 10.32% | 10.9% | 10.32% | |
| IREN | C | 3.41% | 4.16% | 3.41% | |
| MARA | C | 7.43% | 8.95% | 7.43% | |
| PYPL | B | 6.22% | 1.08% | 1.08% | |
| RIOT | C | 4.55% | 4.82% | 4.55% | |
| WULF | C | 4.76% | 4.83% | 4.76% |
GFOF: Top Represented Industries & Keywords
BITQ: Top Represented Industries & Keywords
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