Best Crypto ETFs in 2025 and PEA Eligibility

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The world of digital finance continues to evolve rapidly, and crypto exchange-traded funds (ETFs) are emerging as one of the most accessible ways for investors to gain exposure to the booming cryptocurrency market. As major financial institutions like BlackRock and Fidelity launch innovative products, investors in France face unique regulatory constraints—especially when it comes to using a Plan d’Épargne en Actions (PEA). This guide explores the top-performing crypto ETFs of 2025, highlights PEA-compatible alternatives, and provides key insights for making informed investment decisions.

Top Crypto ETFs for PEA Investors

While direct investment in Bitcoin or Ethereum through a PEA is currently not allowed under French regulations, there are still smart, compliant ways to gain indirect exposure to the crypto ecosystem. The PEA requires that at least 75% of a fund’s holdings consist of equities from companies headquartered in the European Economic Area (EEA). This rule effectively excludes pure crypto-backed ETFs but opens the door to funds focused on blockchain technology and digital innovation.

Here are two of the best PEA-eligible ETFs offering exposure to the crypto space:

Lyxor MSCI Disruptive Technology ESG Filtered UCITS ETF

This ETF tracks the MSCI ACWI IMI Disruptive Technology ESG Filtered Index, which includes companies driving innovation across artificial intelligence, robotics, and blockchain. While not exclusively focused on crypto, it offers diversified exposure to tech pioneers—many of which are building infrastructure for decentralized finance and digital assets.

👉 Discover how to invest in next-gen tech with ease and confidence.

Amundi Smart Factory UCITS ETF

Focused on the fourth industrial revolution, this ETF includes major European players like Siemens AG, SAP SE, and Dassault Systèmes—all of which are integrating blockchain into supply chains, data management, and enterprise solutions. It’s an excellent choice for investors seeking long-term growth in tech-driven sectors with PEA tax advantages.

Leading Non-PEA Crypto ETFs in 2025

For investors outside the PEA framework—or those willing to use a standard brokerage account—direct crypto ETFs offer more targeted exposure. These funds have seen explosive growth since their U.S. regulatory approvals in early 2024.

iShares Bitcoin Trust ETF (IBIT)

Launched by BlackRock, the world’s largest asset manager, IBIT quickly became the market leader in spot Bitcoin ETFs. With low fees and strong institutional backing, it offers transparent, secure exposure to Bitcoin without requiring self-custody of digital assets.

Fidelity Wise Origin Bitcoin Fund (FBTC)

Fidelity’s entry into the spot Bitcoin ETF space has been highly successful. Known for its robust trading platform and customer trust, Fidelity delivers a reliable product with competitive pricing and strong liquidity—making FBTC a top choice for retail and institutional investors alike.

Grayscale Bitcoin Trust ETF (GBTC)

Once the only way to invest in Bitcoin via a regulated fund, GBTC transitioned into a spot ETF in 2024 after years of regulatory hurdles. While its fees are higher than newer entrants, its legacy and brand recognition keep it relevant. In mid-2024, Grayscale also launched the Bitcoin Mini Trust with a reduced 0.15% fee to remain competitive.

21Shares Crypto Basket 10 ETP (HODL)

Unlike single-asset ETFs, HODL offers diversified exposure to major cryptocurrencies including Bitcoin, Ethereum, Solana, and Cardano. Fully backed by physical assets, it provides transparency and security. After slashing fees from 2.5% to just 0.49% in late 2024, it has become one of Europe’s most attractive crypto basket products.

Note: An ETP is structurally different from an ETF—it’s typically fully collateralized by the underlying asset, offering direct exposure with fewer intermediaries.

ProShares Bitcoin Strategy ETF (BITO)

BITO was the first Bitcoin-linked ETF approved in the U.S., but it uses futures rather than holding actual Bitcoin. This introduces complexities like contango (when future prices exceed spot prices), which can erode returns over time. While useful for short-term trading, it’s less ideal for long-term holders.

How to Choose the Right Crypto ETF

Selecting the best crypto ETF depends on your investment goals, risk tolerance, and regulatory environment. Consider these key factors:

  1. Investment Objective – Are you seeking long-term growth, diversification, or short-term speculation? Choose accordingly.
  2. Risk Tolerance – Crypto markets are highly volatile; ensure your portfolio can withstand sharp price swings.
  3. Management Fees – Lower fees mean higher net returns. Compare options carefully.
  4. Liquidity – High trading volume ensures tighter spreads and easier entry/exit.
  5. Regulatory Compliance – Confirm the ETF is available and legal in your jurisdiction.
  6. Fund Composition – Decide whether you want exposure to Bitcoin only or a broader basket of digital assets.
  7. Issuer Reputation – Stick with trusted names like BlackRock, Fidelity, or Amundi for greater transparency.

👉 See how top investors are navigating the crypto market in 2025.

Risks of Investing in Crypto ETFs

While convenient, crypto ETFs come with notable risks:

Always conduct thorough research before investing.

Frequently Asked Questions (FAQ)

Can I invest in crypto-backed ETFs through a PEA?
No. Direct crypto ETFs like IBIT or GBTC are not PEA-eligible because they don’t meet the 75% EEA equity requirement.

What are the best alternatives for crypto exposure within a PEA?
Opt for tech-focused ETFs like Lyxor MSCI Disruptive Technology or Amundi Smart Factory, which invest in blockchain-enabled European companies.

What’s the difference between an ETF and an ETP?
An ETF is a regulated fund that may hold derivatives or equities; an ETP is often fully backed by physical assets and commonly used for commodities or cryptos.

Are high management fees justified for crypto ETFs?
Fees reflect custody costs and regulatory complexity. However, increased competition has driven fees down—some now as low as 0.15%.

Which is better: spot Bitcoin ETFs or futures-based ones?
Spot ETFs (like IBIT) hold actual Bitcoin and are generally preferred for long-term investment. Futures-based ETFs (like BITO) carry roll costs and are better suited for short-term strategies.

Is now a good time to invest in crypto ETFs?
Market timing is uncertain, but growing institutional adoption and regulatory clarity in 2025 suggest increasing maturity and opportunity.

👉 Start your journey into regulated crypto investing today.