ETF Evaluator:
Global X Blockchain & Bitcoin Str ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Equity Digital Assets Over the Last Year
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| 85.8% | State Street® Galaxy HdgDgtlAstEcosysETF (HECO) |
| 29.1% | Grayscale Bitcoin Miners ETF (MNRS) |
| 20.3% | VanEck Onchain Economy ETF (NODE) |
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ETF Details
Global X Blockchain & Bitcoin Str ETF Overview
Global X Blockchain & Bitcoin Str ETF (BITS) is an actively managed Sector Equity Equity Digital Assets exchange-traded fund (ETF). Global X Funds launched the ETF in 2021.
The investment seeks long-term capital appreciation.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing directly or indirectly in equity securities of U.S. and non-U.S. “Blockchain Companies” and in long positions in U.S. listed bitcoin futures contracts. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Blockchain Companies and in long positions on U.S. listed Bitcoin Futures contracts. It is non-diversified.
About Global X Blockchain & Bitcoin Str ETF (BITS)
There are 2 members of the management team with an average tenure of 2.42 years: Nam To (2024) and Sandy Lu (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and CMBIBTC index with a weighting of 100%. Global X Blockchain & Bitcoin Str ETF has 4 securities in its portfolio. The top 10 holdings constitute 79.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Global X Blockchain & Bitcoin Str ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X Blockchain & Bitcoin Str ETF has 8.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 38.2% There is 8.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X Blockchain & Bitcoin Str ETF has 34.4% of the portfolio in cash.
Assets Under Management
The fund has $23 million in total assets, which is below the $181 million average for the Equity Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BITS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Blockchain & Bitcoin Str ETF expense ratio is above average compared to funds in the Equity Digital Assets category. Global X Blockchain & Bitcoin Str ETF has an expense ratio of 0.65%, which is 2% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Blockchain & Bitcoin Str ETF has a portfolio turnover rate of 18%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 91% for the Equity Digital Assets category.
Recently, in the month of July 2026, Global X Blockchain & Bitcoin Str ETF returned -2.1%, which earned it a grade of A, as the Equity Digital Assets category had an average return of -8.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Global X Blockchain & Bitcoin Str ETF has a trailing yield of 25.64%, which is above the 5.75% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Global X Blockchain & Bitcoin Str ETF Grades
Year to date, the ETF has returned -11.3%, 20.7 percentage points worse than the category, which translates into a grade of F. The fund has returned -14.6% over the past year (grade of F) and 31.3% over the past three years (grade of C).
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BITS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BITS Return (NAV) | -2.1% | -12.2% | -14.6% | 31.3% | na | na |
| BITS Return (Price) | -2.1% | -12.0% | -14.4% | 31.4% | na | na |
| NAV +/- Price Return | -0.029% | -0.226% | -0.233% | -0.118% | na | na |
| Equity Digital Assets Avg | -8.3% | -2.1% | 14.8% | 28.7% | 0.9% | na |
| BITS Grade (NAV) | A | F | F | C | na | na |
| +/- Category (NAV) | 6.2% | -10.1% | -29.4% | 2.6% | na | na |
| BITS Tax-Cost Ratio | na | na | 7.5% | 7.1% | na | na |
BITS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BITS Return (NAV) | -11.3% | 15.2% | 62.4% | 214.0% | -75.3% | na | na | na | na | na | na |
| BITS Return (Price) | -11.2% | 15.2% | 62.5% | 214.0% | -75.5% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.010% | 0.004% | 0.001% | -0.000% | 0.002% | na | na | na | na | na | na |
| Equity Digital Assets Avg | 9.3% | 25.2% | 41.5% | 213.3% | -78.9% | 31.6% | 88.2% | 29.2% | na | na | na |
| BITS Grade (NAV) | F | D | A | C | A | na | na | na | na | na | na |
| +/- Category | -20.7% | -10.1% | 20.9% | 0.7% | 3.6% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 2.81 |
| R-Squared: | 37% |
| Standard Deviation: | 58.3% |
| Category Risk Index: | 0.90 |
| Category Risk Rating: | Low |
| Total Risk Index: | 4.75 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 25.6% |
| Total Assets: | $ 23 Mil |
| Share Class Assets: | $ 23 Mil |
| Turnover: | 18.0% |
| Expense Ratio: | 0.65% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.4 years | |||
| Average Tenure: 2.4 years | |||
| Managers (Year): To Nam (2024), Lu Sandy (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 4 |
| % in Top 10 Holdings: | 79.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 8.6% |
Portfolio Allocation |
|
| Domestic Stock: | 38.2% |
| Foreign Stock: | 8.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 18.9% |
| Cash: | 34.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Global X Funds |
| Phone Number: | 888-493-8631 |
| Website: | www.globalxfunds.com |
| Inception Date: | November 15, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.67% |
