Valkyrie also launched an equity-focused crypto fund on Feb. 8. Geographically speaking, this is a global fund https://bitcoinczechia.com/ that has U.S. stocks at 66% of the portfolio, but also "chunky" international exposure, with Canada (14%) and Germany (5%) on top. While the Bitwise 10 Crypto Index Fund is built differently than GBTC, it can still sell at a premium or discount to the net asset value per share. Because BITW is weighted by market capitalization, Bitcoin accounts for 61% of the portfolio. XBTF, at least so far, is on track to accumulate much more, with just less than $30 million in assets after a few short months. However, while BITO was a smash hit right out of the gate, the actively managed BTF has a mere fraction of the assets under its belt.
