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Are there any cryptocurrency investment trusts on Robinhood that offer dividends?

avatarLob MandalDec 18, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrency investment trusts on Robinhood, but I also want to receive dividends. Are there any options available on Robinhood that offer dividends for cryptocurrency investment trusts?

Are there any cryptocurrency investment trusts on Robinhood that offer dividends?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are cryptocurrency investment trusts on Robinhood that offer dividends. One example is the Grayscale Bitcoin Trust (GBTC). GBTC is a popular investment trust that holds Bitcoin and offers dividends to its shareholders. It allows investors to gain exposure to Bitcoin without directly owning it. Dividends are paid out quarterly based on the performance of the trust.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! Robinhood offers several cryptocurrency investment trusts that provide dividends. For instance, the Bitwise 10 Crypto Index Fund (BITW) is available on Robinhood and offers dividends to its investors. It's a diversified investment trust that holds a basket of the top cryptocurrencies and distributes dividends on a regular basis.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are cryptocurrency investment trusts on Robinhood that offer dividends. One such trust is the BYDFi Crypto Trust. It allows investors to invest in a diversified portfolio of cryptocurrencies and receive dividends based on the trust's performance. BYDFi Crypto Trust is a reliable option for those looking to earn dividends from their cryptocurrency investments on Robinhood.