WisdomTree Cuts Fees to Outflank Franklin Bitcoin ETF

The cryptocurrency market has seen a significant development in the low-cost fund space as WisdomTree's Bitcoin Fund (BTCW) reduces its management fee to undercut Franklin Bitcoin ETF (EZBC). BTCW now charges a 0.15% expense ratio, while EZBC maintains a 0.19% expense ratio, resulting in a 0.04% difference in favor of BTCW.

This cost advantage is particularly compelling for investors seeking to maximize their returns from the massive price surge in cryptocurrency prices. In 2024, BTCW delivered a return of 92.79%, surpassing EZBC's return of 87.83%. The performance gap between the two products remains wide, with BTCW outperforming EZBC in both 2024 and 2025.

Despite its lower expense ratio, BTCW trails EZBC in terms of liquidity, with a 30-day average volume of $1.59 million compared to EZBC's $7.21 million. However, the liquidity gap may widen as more investors move towards lower-fee options.