{"@context":"https://schema.org","@type":"Dataset","name":"Spot bitcoin ETFs matrix","description":"Which custodian holds each ETF's bitcoin, and how concentrated is the custody layer? Shares in a brokerage, bitcoin at a custodian. Most funds share one custodian; see the concentration data.","url":"https://proofofcustody.io/data/matrix.json?category=etf","creator":{"@type":"Organization","name":"Proof of Custody","url":"https://proofofcustody.io"},"publisher":{"@type":"Organization","name":"Proof of Custody","url":"https://proofofcustody.io"},"license":"https://creativecommons.org/licenses/by/4.0/","isAccessibleForFree":true,"inLanguage":"en","dateModified":"2026-02-18","asOf":"2026-02-18","status":"fresh","cadence":"Records monthly; corrections as verified","upstream":null,"method":null,"citation":"Proof of Custody, \"Spot bitcoin ETFs matrix\", https://proofofcustody.io/data/matrix.json?category=etf, as of 2026-02-18","publisherDisclosure":"Proof of Custody is published by Onramp Bitcoin, which is scored by the same methodology as every other platform and does not control rankings or coverage.","readMe":{"staleness":"Check `status` and `asOf`. A `stale` status means the last pull failed and this is the previous snapshot. The change feed at /data/changes.json lists corrections and methodology changes.","coverage":"Coverage is selected, not exhaustive. Absence from a dataset is not evidence about the thing absent.","upstream":"Where `upstream` names another publisher, the numbers are theirs, credited; Proof of Custody adds the envelope, the as-of discipline and the daily check.","columns":"score (editorial), custodyModel, spof (single point of failure), independence (pillars met of 4), insurance and insuranceBasis (provider statement), regulatory, qualifiedCustodian (per provider), fees, minimum, incidents (registry count), asOf (record date)."},"category":"etf","page":"https://proofofcustody.io/compare/matrix/etf","count":12,"rows":[{"slug":"ishares-ibit","name":"iShares Bitcoin Trust (IBIT)","score":77,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.25% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/ishares-ibit"},{"slug":"fidelity-fbtc","name":"Fidelity Wise Origin (FBTC)","score":76,"custodyModel":"ETF — Fidelity Self-Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.25% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/fidelity-fbtc"},{"slug":"bitwise-bitb","name":"Bitwise Bitcoin ETF (BITB)","score":74,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.20% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/bitwise-bitb"},{"slug":"ark-21shares-arkb","name":"ARK 21Shares (ARKB)","score":70,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.21% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/ark-21shares-arkb"},{"slug":"franklin-ezbc","name":"Franklin Bitcoin ETF (EZBC)","score":70,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.19% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/franklin-ezbc"},{"slug":"grayscale-btc-mini","name":"Grayscale Bitcoin Mini (BTC)","score":69,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.15% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/grayscale-btc-mini"},{"slug":"vaneck-hodl","name":"VanEck Bitcoin ETF (HODL)","score":69,"custodyModel":"ETF — Gemini Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.20% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/vaneck-hodl"},{"slug":"invesco-btco","name":"Invesco Galaxy (BTCO)","score":62,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.25% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/invesco-btco"},{"slug":"valkyrie-brrr","name":"Valkyrie Bitcoin (BRRR)","score":61,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.25% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/valkyrie-brrr"},{"slug":"hashdex-defi","name":"Hashdex Bitcoin ETF (DEFI)","score":60,"custodyModel":"ETF — BitGo Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.90% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/hashdex-defi"},{"slug":"wisdomtree-btcw","name":"WisdomTree Bitcoin (BTCW)","score":60,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.25% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/wisdomtree-btcw"},{"slug":"grayscale-gbtc","name":"Grayscale Bitcoin Trust (GBTC)","score":54,"custodyModel":"ETF — Coinbase Custody","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"1.50% expense ratio","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/grayscale-gbtc"}]}