CRPT ETF Explained: Returns, Expense Ratio, Holdings, and Alternative ETFs — A Complete Guide
The First Trust SkyBridge Crypto ETF (CRPT) is an actively managed fund that invests in cryptocurrency-industry equities such as Coinbase alongside spot Bitcoin ETFs. As a digital-asset thematic ETF, its core selection criteria center on the composition of its underlying holdings, elevated volatility, and the outlook for the theme.
SubscribeWhat Is the First Trust SkyBridge Crypto ETF?
It is an actively managed ETF that invests in companies involved in the cryptocurrency industry and the digital economy, as well as in Bitcoin-related products. Rather than passively tracking an index, the portfolio managers select individual holdings.
It is well suited for investors seeking diversified exposure across the cryptocurrency ecosystem who can tolerate elevated volatility.
The fund is an actively managed product issued by First Trust.
How Does the First Trust SkyBridge Crypto ETF Invest?| Item | Details |
|---|---|
| Benchmark Index | Non-index-tracking (Active management) |
| Management Style | Active (security selection) |
| Rebalancing Frequency | At manager discretion |
| Dividend Schedule | Annual distribution |
| Fund Sponsor | First Trust |
| Total Expense Ratio | 0.85% |
The portfolio managers select and include publicly listed companies tied to the digital-asset economy — such as cryptocurrency exchanges, miners, payment providers, and infrastructure firms — while also holding related products such as spot Bitcoin ETFs. Because of its active structure, the constituent holdings and their weightings can be adjusted in response to market conditions.
- Holds a mix of related equities and spot Bitcoin products
- Active, non-index-tracking structure
First Trust SkyBridge Crypto ETF Size and Cost (AUM and Expense Ratio)
Assets under management (AUM) stand at $93.9M, and the total expense ratio is 0.85% annually.
Compared with peer products that focus primarily on blockchain-related equities, a key differentiator in its construction is the additional spot Bitcoin exposure.
First Trust SkyBridge Crypto ETF Performance and Fund Flows
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe fund has tended to move closely in line with the cryptocurrency price cycle, exhibiting wide swings during both upturns and downturns. Bitcoin's price direction and the earnings performance of related holdings are the primary drivers of returns.
Fund flows have been highly variable, shifting with changes in investor interest in the digital-asset market. The regulatory environment and the ongoing expansion of the spot Bitcoin ETF market influence money flows across the theme.
First Trust SkyBridge Crypto ETF: Strengths and Weaknesses
Broad diversification across the cryptocurrency ecosystem is a strength, while elevated volatility and thematic concentration are notable weaknesses.
💪 Key Strengths
⚠️ Points to Watch
First Trust SkyBridge Crypto ETF: Alternative ETFs and Related Products
BLOK, BITQ, and BKCH shown in the table are similar-category products that invest in blockchain and cryptocurrency industry equities, while WGMI, which focuses on mining companies, and ARKF, which invests broadly across fintech and blockchain innovation, also fall within the same category. Additional comparators beyond the table include DAPP and LEGR, which center on blockchain-related equities; FDIG, another First Trust crypto-industry product; and BITO, which provides exposure to Bitcoin futures.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 BLOK | Amplify Blockchain Technology ETF | $50.15 | -2.1% | $872.8M | 0.70% | 0.97% | -27.6% |
 ARKF | ARK Blockchain & Fintech Innovation ETF | $42.13 | -0.2% | $727.0M | 0.75% | 0.1% | -25.6% |
 BITQ | Bitwise Crypto Industry Innovators ETF | $18.89 | -3.6% | $348.8M | 0.85% | - | -33.0% |
 FDIG | Fidelity Crypto Industry and Digital Payments ETF | $32.34 | -2.9% | $195.3M | 0.39% | 1.94% | -39.0% |
 BKCH | Global X Blockchain ETF | $47.34 | -4.9% | $180.2M | 0.50% | 2.57% | -55.0% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| HOOD | Robinhood Markets Inc | 0.22% | $83.84 | -1.4% | $75.6B | 38.7 | - |
 IBIT | iShares Bitcoin Trust ETF | 0.15% | $43.35 | -0.0% | $0.0M | - | - |
| COIN | Coinbase Global Inc | 0.05% | $137.83 | -4.0% | $36.5B | - | - |
 ASST | Strive Inc | 0.05% | $20.80 | -6.3% | $2.6B | - | - |
 FBTC | Fidelity Wise Origin Bitcoin Fund | 0.05% | $66.60 | -0.2% | $0.0M | - | - |
| MSTR | Strategy Inc | 0.05% | $130.76 | +0.2% | $55.2B | - | - |
First Trust SkyBridge Crypto ETF: Investor Checklist
Points to review before investing in CRPT. Given its thematic concentration and elevated volatility, investors should confirm their risk tolerance and the fund's weight within the portfolio in advance, while also reviewing the fee burden and the nature of the underlying holdings.
| Checklist Item | What to Confirm | Current Status |
|---|---|---|
| Expense Ratio | Fee burden from active management | Comparison vs. category average needed |
| 📊 Holdings | Weighting of related equities and Bitcoin products | Thematic concentration |
| 🌪 Volatility | Magnitude of swings linked to the crypto cycle | Elevated |
| 💱 Currency | Impact on KRW-converted returns | No currency hedging applied |
Sharp cryptocurrency price moves and regulatory uncertainty are the primary drivers of short-term losses. Because of its thematic concentration, drawdowns during market downturns may be larger than those of broadly diversified products.
It is an actively managed thematic product that can be utilized by investors seeking diversified exposure to the cryptocurrency ecosystem. However, given its elevated volatility, it is advisable to size the position within the portfolio with care.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of July 2, 2026.
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