Crypto ETFs have seen a lot of growth in the US market in 2026, not only in terms of spot BTC and ETH ETFs but also by including ETFs for Solana and XRP. The table below presents an updated list of funds, with information through August 20.
By number of assets under management, the iShares Bitcoin Trust ETF from BlackRock remains the largest product in the market, followed by funds from Fidelity, Grayscale, ARK 21Shares, and Bitwise.
Crypto ETFs have moved beyond Bitcoin
The crypto ETFs space in the United States has transformed since the Securities and Exchange Commission approved the first spot Bitcoin exchange-traded products in January 2024. Today’s ETF universe includes spot exposure to multiple crypto assets and diversified indices.
While some ETFs contain the underlying crypto asset, other ETFs trade using futures or derivatives. Others offer a combination of digital assets and staking.
The key distinctions include:
- Exposure to a single asset: Bitcoin, Ether, Solana, or XRP
- Diversified exposure via a basket of crypto assets
- Staking with asset exposure
Top crypto ETFs by structure
| ETF | Asset or strategy | Data highlighted |
| iShares Bitcoin Trust ETF (IBIT) | Spot Bitcoin | $54.81B net assets |
| Fidelity Wise Origin Bitcoin Fund (FBTC) | Spot Bitcoin | About $10.8B assets |
| iShares Ethereum Trust ETF (ETHA) | Spot Ether | $5.73B net assets |
| Grayscale Bitcoin Trust ETF (GBTC) | Spot Bitcoin | $56.30 close on Aug. 20 |
| ARK 21Shares Bitcoin ETF (ARKB) | Spot Bitcoin | $1.89B net assets |
| Bitwise Bitcoin ETF (BITB) | Spot Bitcoin | About $2.71B assets |
| Fidelity Ethereum Fund (FETH) | Spot Ether | Fidelity crypto lineup |
| Bitwise 10 Crypto Index ETF (BITW) | Large-cap crypto index | Tracks 10-asset index |
| Bitwise Solana Staking ETF (BSOL) | Solana plus staking | $1.13B Solana ETF flows |
| 21Shares XRP ETF (TOXR) | Spot XRP | About $133.3M assets |
IBIT remains the largest listed product
BlackRock’s iShares Bitcoin Trust ETF had approximately $54.81 billion in net assets as of August 20, 2026. The fund charges a 0.25% sponsor fee and is listed on Nasdaq. BlackRock reported more than 1.33 billion shares outstanding.
Source: BlackRock
Fidelity’s Wise Origin Bitcoin Fund has $10.8 billion in AUM and an expense ratio of 0.25%. Fidelity notes that Fidelity Digital Assets custodies the Bitcoin held by FBTC.
Moreover, the iShares Ethereum Trust ETF has $5.73 billion in net assets as of August 17, and a fee of 0.25%. BlackRock announced that the reverse stock split is set to occur after market close on October 5, and that split-adjusted trading would commence on October 6.
Grayscale Bitcoin Trust ETF is an old product that was transitioned to an ETF in January 2024. GBTC ended the day at $56.30, and 3.7 million shares were traded on August 20.
ARKB has net assets of $1.89 billion as at June 30 and levies a management fee of 0.21%. Bitwise Bitcoin ETF has assets worth approximately $2.71 billion as at August 20 and an expense ratio of 0.20%.
Expanding on new products
Fidelity Ethereum Fund adds yet another spot Ether access fund, while Bitwise 10 Crypto Index ETF indexes a portfolio of large crypto assets. The Bitwise Solana Staking ETF offers Solana holdings and staking.
According to Farside data, the Solana ETFs have accumulated net flows of about $1.13 billion up to August 18, with BSOL leading in total cumulative flow.
The 21Shares XRP ETF, designated as TOXR, has approximately $133.3 million in assets and a fee of 0.50% as of August 2026.
In addition, Farside witnessed net flows of $297.5 million into Bitcoin ETFs domiciled in the US as of August 17, while the figures were -$131.1 million and -$56.2 million on August 13 and 14, respectively.
BlackRock showed the year-to-date NAV total return of IBIT to be -17.02% as of August 19. The year-to-date NAV total return of ETHA was -21.71% as of August 20.
Regulation can influence future products
The SEC made a request for comments on innovative ETFs as of June 30. Comments from the public are due by August 31.
The Commission is evaluating how to regulate ETFs that involve investments in innovative assets and innovative strategies within its ETF regulatory structure.
In July and August, T. Rowe Price submitted free-writing prospectus information of Active Crypto ETFs.
FAQs
What is the largest crypto ETF according to the passage given?
The largest crypto ETF in the market is the iShares Bitcoin Trust ETF from BlackRock with a total net asset value of $54.81 billion
What is the date of the reverse stock split of ETHA?
The reverse stock split will occur after the market close on October 5, and trading with adjustment for the split will commence on October 6.
What is the other deadline given by the SEC?
The deadline for comments on the proposed innovative ETF will expire on August 31, 2026.
