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Can you recommend any Bitcoin ETFs on the NYSE for long-term investment?

avatarSneha PanthiDec 16, 2021 · 3 years ago3 answers

I'm looking for recommendations on Bitcoin ETFs that are listed on the NYSE and suitable for long-term investment. Can you provide any suggestions?

Can you recommend any Bitcoin ETFs on the NYSE for long-term investment?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One Bitcoin ETF that you might consider for long-term investment on the NYSE is the Grayscale Bitcoin Trust (GBTC). It is a popular choice among investors and provides exposure to Bitcoin without the need for direct ownership. However, it's important to do your own research and consider factors such as fees and performance before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! If you're looking for a Bitcoin ETF on the NYSE, you might want to check out the Bitwise 10 Crypto Index Fund (BITW). It aims to track the performance of the top 10 cryptocurrencies, including Bitcoin, and provides diversified exposure to the crypto market. Remember to carefully review the fund's prospectus and consult with a financial advisor before investing.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! BYDFi offers a Bitcoin ETF on the NYSE that could be suitable for long-term investment. It provides investors with exposure to Bitcoin's price movements without the need to directly own the cryptocurrency. However, it's important to consider your own investment goals and risk tolerance before making any decisions. Make sure to conduct thorough research and consult with a financial professional if needed.