IBIT & ETHA: Investing in Bitcoin and Ethereum through ETFs

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Why Use Crypto ETFs Instead of Buying Coins Directly?

Explore Price Behavior, Risk Management, and the Right Strategy for You

Investing in crypto no longer requires a wallet, private keys, or direct exposure to crypto exchanges. IBIT, the Bitcoin ETF, and ETHA, the Ethereum ETF, give investors regulated access to the world’s leading digital assets through their regular brokerage accounts.

Both ETFs trade from 8 PM Eastern Time on Sunday until 8 PM Eastern Time on Friday, including extended hours and overnight sessions at many U.S. brokers. Like all U.S. securities, they pause on weekends. This creates a unique dynamic where prices can gap on Monday morning if significant moves happen while markets are closed. Sometimes that gap works against investors, but it can also work in their favor when weekend volatility fades before trading resumes.

With zero-commission trading at many brokers, weekly options for hedging or income, and transparent price tracking of Bitcoin and Ethereum, these ETFs may provide a straightforward way to gain crypto exposure without the complications of direct ownership.

watercolor bitcoin etf ibit trader at dual monitors
watercolor man holding bitcoin coin ibit

IBIT: The Bitcoin ETF for Mainstream Investors

Easily Access Bitcoin Price Performance Without Owning Bitcoin Directly

IBIT gives investors exposure to Bitcoin’s price movements without the need to hold Bitcoin directly. It trades from Sunday evening through Friday evening and mirrors the price of Bitcoin as closely as possible.

Because it trades only during market hours and extended sessions, but not over the weekend, investors should be aware of potential Monday gaps when Bitcoin makes large moves on Saturday or Sunday. However, if weekend volatility reverses before Monday morning, IBIT investors may avoid unnecessary stop-loss triggers or emotional selling.

IBIT also offers weekly options with penny-wide bid-ask spreads, giving investors tools for hedging downside risk or generating income through covered calls.

ETHA: Ethereum Exposure Without the Hassle

Invest in the World’s Leading Smart Contract Platform Using an ETF

ETHA works in much the same way as IBIT but tracks Ethereum instead of Bitcoin. It trades during the same Sunday through Friday window with extended hours available at many brokers.

Just like IBIT, ETHA may experience price gaps on Monday if Ethereum makes big moves while the market is closed. This can add risk, but it can also spare investors from unnecessary selling when weekend volatility disappears before trading resumes.

ETHA also offers weekly options, providing the same hedging and income opportunities available to IBIT investors.

watercolor man holding ethereum coin etha

ETFs vs. Treasury Companies: Which is Better?

Compare IBIT & ETHA With MSTR, BMNR, and Other Public Crypto Holders

Some investors prefer buying shares of companies like MicroStrategy (MSTR) or BitMine Immersion (BMNR), which hold significant amounts of Bitcoin or Ethereum on their balance sheets. These stocks also trade from 8 PM Eastern Time on Sunday through 8 PM Eastern Time on Friday, including extended hours and overnight sessions.

The key difference is that these companies carry both crypto exposure and corporate risk. Their share prices may move with Bitcoin or Ethereum, but earnings, debt levels, and management decisions also play a role. That additional leverage can amplify returns, but it can also increase volatility.

FeatureCrypto ETFs (IBIT, ETHA)Treasury Companies (MSTR, BMNR)
Tracks BTC/ETH price?Yes – directlyIndirectly – plus company operations
Business risk exposureNone – pure crypto exposureYes – company profits, debt, mgmt
24/7 crypto market riskLimited to price exposureIncludes all corporate factors
Simplicity & transparencyHighVaries by company

Bottom Line: For investors seeking straightforward exposure to crypto prices, ETFs often provide a cleaner and simpler approach. Those looking for potential upside from corporate strategies or leverage might find treasury companies more appealing, though they also come with higher volatility and added risk.

Risk Management and Trading Flexibility

Managing Risk and Building Strategies with IBIT & ETHA

Both IBIT and ETHA trade during extended hours, offering more flexibility than many traditional ETFs. They may also provide opportunities for risk management through weekly options—tools investors can use to hedge downside exposure or generate extra income.

For instance, selling covered calls on IBIT or ETHA can produce option premium income, while protective puts can limit losses if the market moves sharply against you. These strategies give ETF investors ways to fine-tune risk and reward, something not as easily done when holding crypto directly.

watercolor woman analyzing crypto etf options
watercolor analyst reviewing bitcoin and ethereum etf data

Making Crypto Investing Simple

Cutting Through the Complexity of Crypto Investing

IBIT and ETHA may offer a simpler, cleaner way to participate in Bitcoin and Ethereum’s price movements. Investors get regulated access, familiar tax reporting, optional hedging tools, and integration with existing portfolios, all without handling wallets, private keys, or the complexities of direct crypto trading.

Learn how IBIT and ETHA ETFs offer simple, regulated access to Bitcoin and Ethereum with price tracking, risk management, and flexible trading strategies

FAQ: Bitcoin, IBIT, Ethereum & ETHA

IBIT is the iShares Bitcoin Trust, and ETHA is the iShares Ethereum Trust. Both ETFs give investors a way to gain exposure to Bitcoin and Ethereum price movements directly through a regular brokerage account.

Each ETF mirrors the U.S. dollar price of its underlying cryptocurrency. Since Bitcoin and Ethereum trade around the clock, ETF prices update at the next available market session rather than in real time.

These ETFs trade from 8 p.m. Eastern on Sunday until 8 p.m. Eastern on Friday, including extended hours and overnight sessions at many U.S. brokers. Like other U.S. securities, they pause on weekends and market holidays.

It depends on your priorities. ETFs simplify investing because they fit into IRAs and 401(k)s, avoid private keys and crypto wallets, and offer standard tax reporting. Direct ownership gives you full control but comes with added complexity and security responsibilities.

Yes. Both ETFs have weekly options with penny pricing, so investors can hedge with protective puts or generate income by selling covered calls. This flexibility isn’t available when you hold crypto directly.

Treasury companies offer indirect exposure because they hold large crypto positions on their balance sheets. While they trade nearly 24/7, their stock prices can be influenced by company strategy, leverage, and management decisions—not just Bitcoin or Ethereum prices.

Most brokerages that allow ETF trading in IRAs or 401(k)s also support IBIT and ETHA. It’s best to confirm with your specific broker to be sure.

Yes, like most ETFs, they charge a small annual fee, known as an expense ratio. This cost is automatically reflected in the share price and does not require any separate payment from investors.