Generated October 3, 2026.
Figures quoted in this analysis are from its generation date and may lag the live snapshot table above, which always shows the latest data.
Overview
BITQ and BLOK are both equity ETFs focused on blockchain and cryptocurrency technology, but they differ fundamentally in structure and management approach. BITQ is a passive fund tracking companies across the broader crypto ecosystem, while BLOK is actively managed and explicitly concentrates at least 80% of assets in companies directly developing or using blockchain technology—miners, exchanges, and infrastructure providers. BLOK has operated since 2018 (originally under a different mandate); BITQ launched in 2021.
How they differ
The biggest difference is active versus passive management. BLOK's portfolio manager selects and weights holdings, whereas BITQ follows a defined index methodology.
Second, their beta profiles diverge notably. BITQ carries a 3.36 beta versus BLOK's 2.47, meaning BITQ amplifies market swings more aggressively. That higher volatility may reflect a more concentrated or leveraged approach to crypto-adjacent holdings.
Who each is best for
BITQ: Fits investors seeking passive, rules-based exposure to crypto-adjacent companies without active management decisions, and who can tolerate higher volatility in exchange for lower fees.
BLOK: Fits investors who prefer active stock selection within the blockchain space and are willing to pay for manager discretion, or who value a modest annual distribution as part of their strategy.
Key risks to know
- Concentrated sector risk. Both funds are entirely dependent on the crypto and blockchain ecosystem's regulatory and adoption trajectory. A sustained downturn in crypto sentiment or adverse regulation could impact both meaningfully, despite their structural differences.
- High beta volatility. BITQ's 3.36 beta means it can swing sharply in both directions. Even BLOK's 2.47 beta remains well above the broad market, exposing holders to amplified drawdowns during tech sell-offs.
- Active management opacity for BLOK. Investors in actively managed BLOK depend on the manager's stock-picking decisions and rebalancing choices, which may or may not add value relative to a passive approach; there is no guarantee that active selection will outperform the underlying index or BITQ's methodology.
- Limited track record for BITQ. With only a few years of history, BITQ lacks a full market cycle of data. Its passive methodology may behave unpredictably during stress periods not yet observed. Both carry significant crypto-sector concentration risk; past performance in a rising crypto market does not predict future results.
AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.