21shares vs Bitwise

How 21shares vs Bitwise compare on our ratings, asset manager specs, funding, pros and cons.

Feature	21shares Visit	Bitwise Visit
Ratings
Our score	4.2/5	4.0/5
User rating	No reviews yet	No reviews yet
Track record & size	4.5	4.5
Product range	5.0	4.5
Fees	3.5	3.0
Regulation & custody	4.0	4.0
Transparency	4.0	3.5
Specs
Products	Spot ETFs, ETPs / ETNs, Index funds, Staking products	Spot ETFs, ETPs / ETNs, Index funds, Private funds, Managed accounts, Staking products, Tokenized funds
Clients	Retail, Institutions, Financial advisors	Retail, Accredited investors, Institutions, Financial advisors
Assets under management	$11.3B	$9 billion as of June 2026
Flagship products	CBTC, ETHC, CSOL, ABBA, BOLD, HODLX	BITB, BITW, ETHW, NRR, BHYP
Assets covered	BTC, ETH, SOL, XRP, HYPE, SUI, DOGE, DOT	BTC, ETH, SOL, NEAR, XRP, Hyperliquid
Fees	0.10% to 1.49% p.a.	Not disclosed
Company
Founded	2018	2016
Headquarters	Switzerland	United States
Investors	Not disclosed	Electric Capital, B.lc, Blockchain Coinvestors, General Catalyst +39
Strengths and weaknesses
Pros	Over $11B in assets under management across 48 exchange-traded products Physical collateral backing avoids direct futures roll costs on spot products Competitive management fees starting at 0.10% on core Bitcoin and Ethereum ETPs Trading via standard brokerage accounts on 13 regulated stock exchanges	Manages $9 billion in client assets across more than 70 investment vehicles Nine-year track record focused entirely on crypto asset management since 2016 Serves over 5,500 wealth advisory teams, institutions, and 21 broker-dealers Offers publicly traded spot crypto ETPs
Cons	Legacy and basket ETP expense ratios reach up to 1.49% per year Exchange-traded notes carry structural counterparty risk as collateralized debt obligations Restricted to professional investors in jurisdictions like Belgium ETP structures lack the independent board protections of 1940-Act mutual funds	ETPs are not registered under the Investment Company Act of 1940 Onchain vaults carry smart-contract risk across Morpho and underlying protocols
Best for	Traditional brokerage investors avoiding self-custody, European wealth managers balancing crypto portfolios, Allocators seeking exchange-listed staking exposure	Financial advisors managing client crypto allocations, Institutions seeking spot crypto ETPs, Investors interested in tokenized carry funds

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.