Investors are faced with a choice between the Van Eck Bitcoin ETF and the Hashdex Nasdaq Crypto Index US ETF. You might weigh the lower costs of directly investing in Bitcoin against a broader exposure to multiple cryptocurrencies.
These ETFs give regulated access to the volatile world of digital assets, which can be complicated, especially when it comes to managing private keys or digital wallets. The VanEck fund offers a focused investment directly tied to Bitcoin price changes, while the Hashdex fund follows a market-cap-weighted index that includes both Bitcoin and Ether.
Snapshots (cost and size)
| metric | N.C.I.Q. | Hodor |
|---|---|---|
| Publisher | Hashdex | Van Eck |
| Expense Ratio | 0.25% | 0.25% |
| 1 Year Return (as of June 3, 2026) | (40.00%) | (38.60%) |
| Dividend Yield | None | None |
| Beta | 0.98 | 2.02 |
| Assets Under Management | $96.1 million | $1.1 billion |
Beta indicates how much the price fluctuates compared to the S&P 500, based on five years of monthly returns. One year’s return reflects total returns over the next 12 months.
Comparing Performance and Risk
| metric | N.C.I.Q. | Hodor |
|---|---|---|
| Maximum Drawdown (1 Year) | (52.90%) | (49.30%) |
| $1,000 Growth in 1 Year (Total Return) | $600.00 | $614.00 |
Hashdex Nasdaq Crypto Index US ETF
Today’s Changes
(-6.09%) $-0.96
Current Price
$14.89
Key Data Points
Daily Range
$14.57 – $15.58
52 Week Range
$14.57 – $34.26
Volume
272.3K
Average Volume
54.3K
What’s Inside
The Van Eck Bitcoin ETF is a straightforward investment vehicle that solely reflects Bitcoin’s performance, with 100% of its holdings in Bitcoin itself. Launched in 2024, it does not involve leverage or derivatives and strictly focuses on real-time price movements. This fund does not specify sector distributions and hasn’t paid dividends in the last year.
The Hashdex Nasdaq Crypto Index US ETF follows the Nasdaq Crypto Index US, granting exposure to both Bitcoin and Ether. This diversified approach allocates investments based on the index and rebalances quarterly. Established in 2025, it avoids crypto securities, tokenized assets, and stablecoins. Like its counterpart, it hasn’t paid any dividends in the past year.
For more insights into ETF investing, there’s a comprehensive guide available.

Today’s Changes
(-5.12%) $-0.92
Current Price
$May 17th
Key Data Points
Daily Range
$16.71 – $17.61
52 Week Range
$16.71 – $35.76
Volume
4.7M
Average Volume
1.5M
What This Means for Investors
Grasping these fund options starts with understanding Bitcoin’s essence. It primarily acts as digital gold, appealing to institutions as a hedge against inflation and as a finite store of value. U.S. Spot Bitcoin ETFs have garnered over $56 billion in net inflows, showing a solid commitment from institutional investors.
Conversely, Ethereum and other digital assets are driven by utility rather than scarcity. Ethereum supports decentralized finance and programmable applications, areas where Bitcoin lacks capabilities. While Ethereum’s practical uses are appealing, they can be more challenging to assess and compete with emerging blockchains that Bitcoin does not encounter.
HODL views Bitcoin’s straightforwardness and institutional dependability as critical components of crypto investment strategies. On the other hand, NCIQ believes that solely investing in Bitcoin might overlook the broader digital asset landscape as it evolves. Many seasoned crypto investors choose to maintain a mix of both, leveraging Bitcoin’s scarcity and Ethereum’s growth potential. NCIQ facilitates this balanced approach in a single fund.





