Global X Blockchain & Bitcoin Strategy ETF (BITS) Performance
BITS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.9% since Dec 31, 2025
- 1 year
- −32.5% total return
- 3 years
- +41.9% a year
- Since first price
- −1.3% a year since 2021
BITS trailing returns vs SPY, QQQ, AGG
| Period | BITS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −17.4% | −17.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.0% | −1.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −10.5% | −10.8% | +7.8% | +8.4% | −1.5% |
| YTD | −6.9% | −7.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −32.5% | −44.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +186.0%+41.9%/yr | +62.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 16, 2021 | −6.2%−1.3%/yr | −48.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BITS vs SPY
From Nov 16, 2021: BITS grew to $9,377, SPY to $17,315.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BITS returns by calendar year
3 of 4 full years positive. Best 2023 (+212.2%), worst 2022 (−75.5%). 2026 is year to date.
BITS annual returns table
| Year | BITS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.9% | −34.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.9% | −41.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +61.8% | −31.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +212.2% | −35.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −75.5% | −76.2% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BITS largest drawdowns
Now 38.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 16, 2021 | −83.1% | Dec 28, 2022 | Nov 22, 2024 | 1.1 years | 3.0 years |
| Oct 15, 2025 | −48.4% | Mar 30, 2026 | not yet | 5 months | 1.0 years so far |
| Dec 17, 2024 | −44.0% | Apr 8, 2025 | Jul 14, 2025 | 4 months | 7 months |
| Jul 22, 2025 | −11.5% | Aug 1, 2025 | Sep 10, 2025 | 10 days | 50 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BITS risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +52.6% | +2.9% |
| Volatility (annualized) | 56.7% | 64.0% |
| Sharpe ratio | 0.95 | 0.30 |
| Sortino ratio | 1.75 | 0.47 |
| Best month | +42.0% | +50.6% |
| Worst month | −20.4% | −40.6% |
| Best 12 months | +145.9% | +212.2% |
| Worst 12 months | −16.0% | −79.2% |
| Positive months | 67% | 59% |
| Beta vs S&P 500 | 3.08 | — |
| Correlation with S&P 500 | 0.67 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BITS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −79.2% | +33.8% | +212.2% | 73% |
| 3-year (a year) | 24 | +1.5% | +48.3% | +79.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BITS performance overview
Global X Blockchain & Bitcoin Strategy ETF (BITS) returned −32.5% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned −1.3% a year, turning $10,000 into about $9,377. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −83.1%, from Nov 16, 2021 to Dec 28, 2022, and it took 1.9 years to get back to the old high. BITS finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+212.2%) and the worst 2022 (−75.5%). Volatility has been 64.0% a year.
Related: BITS chart, BITS dividends. See the BITS overview for the latest quote and fund facts.
BITS performance FAQ
What is the BITS return over the past year?
BITS returned −32.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 44.9%.
How much would $10,000 invested in BITS be worth?
$10,000 invested in BITS at its first recorded close on November 16, 2021 would be worth about $9,377 on October 23, 2026 with distributions reinvested.
What was the worst year for BITS?
The worst calendar year was 2022, with a total return of −75.5%. The best was 2023 at +212.2%.
What is the biggest drawdown of BITS?
The largest peak-to-trough decline was −83.1% between November 16, 2021 and December 28, 2022. It recovered to the old high on November 22, 2024, 1.9 years after the bottom.
How volatile is BITS?
Over the past 3 years BITS had an annualized volatility of 56.7% and a Sharpe ratio of 0.95 (excess return over 1–3 month T-bills per unit of risk).