Board/Crypto conviction/Category

Crypto company ETFs

Crypto company ETFs are one of seven categories inside crypto conviction, one of 22 market stories StoryVector measures. 13 US ETFs sit in it, with $3.1 billion between them, 2.2% of the narrative’s capital. The largest, BLOK, holds 36.0% of the category.

Part ofCrypto convictionWARM level 57.0, 4 of 22Open the narrative →
13ETFs in this category
$3.1 bncapital
2.2%of the narrative’s capital
BLOKlargest ETF, 36.0% of the category
What decides it

Crypto prices and trading volumes, and for miners, the cost of power

The outside variable that changes how this category compares with its alternative. A mechanism, never a direction.

Where it sits in the narrative

Crypto conviction divides into seven categories by written rules. This one holds 2.2% of its capital.

Bitcoin77.6%24 ETFs
Ether12.6%13 ETFs
Levered and inverse wrappers4.0%46 ETFs
Other coins and baskets3.1%15 ETFs
Crypto company ETFs2.2%13 ETFs
Buffered and defined-outcome0.3%22 ETFs
Everything else0.2%9 ETFs

The six largest crypto company ETFs

Each ETF’s share of this category’s capital, and its size.

BLOK36.0%$1.1 bn
BITQ14.4%$0.4 bn
DAPP14.0%$0.4 bn
BKCH9.5%$0.3 bn
WGMI8.9%$0.3 bn
FDIG8.2%$0.3 bn

Companies shared, in the ten largest positions

How many of the same companies two ETFs hold among their ten largest positions. Same category, very different portfolios.

BLOKBITQDAPPBKCHWGMI
BITQ4
DAPP27
BKCH485
WGMI3324
FDIG00000

Ten largest positions only. The two biggest, BLOK and BITQ, share four companies there. BITQ and BKCH share eight, the most of any pair. The category is the same either way.

Published as

Posted on LinkedIn on September 29, 2026. See the post ↗

First slide: You bought a crypto ETF. Check that it owns cryptoCarousel · slides, PDFYou bought a crypto ETF. Check that it owns cryptoOne label, ten different portfolios.Open the slides →

Common questions

Which are the largest crypto company ETFs?

By share of the category’s capital: BLOK (36.0%), BITQ (14.4%) and DAPP (14.0%).

How much is invested in crypto company ETFs?

$3.1 billion across 13 US ETFs, 2.2% of the capital in crypto conviction.

What decides how crypto company ETFs compare with the alternative?

Crypto prices and trading volumes, and for miners, the cost of power. That is the outside variable that changes how the category compares with its alternative: a mechanism, not a forecast.

Do the largest crypto company ETFs hold the same companies?

Ten largest positions only. The two biggest, BLOK and BITQ, share four companies there. BITQ and BKCH share eight, the most of any pair. The category is the same either way.

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Every figure on this page is this week’s, from holdings fetched Oct 1. Capital here is each ETF’s full assets, counted in the one narrative it carries as its main one; ownership on the narrative page is exposure weighted, so the two are never added. The level belongs to the narrative, because attention is scored per narrative and not per category. ETFs are listed by measured share; placement cannot be bought. Nothing here is investment advice. How the measurement works →