How does vanguard offer exposure to cryptocurrencies through hydrogen ETFs?
Ahmed MohamedNov 24, 2021 · 3 years ago3 answers
Can you explain how Vanguard provides exposure to cryptocurrencies through hydrogen ETFs? What is the mechanism behind it?
3 answers
- Nov 24, 2021 · 3 years agoVanguard offers exposure to cryptocurrencies through hydrogen ETFs by investing in companies that are involved in the development and adoption of hydrogen technology. These companies may include those that mine cryptocurrencies, develop blockchain technology, or provide services related to cryptocurrencies. By investing in these companies, the hydrogen ETFs indirectly provide exposure to the cryptocurrency market.
- Nov 24, 2021 · 3 years agoVanguard's hydrogen ETFs invest in companies that are part of the cryptocurrency ecosystem. This can include companies that mine cryptocurrencies, manufacture mining equipment, or provide services to the cryptocurrency industry. By investing in these companies, the ETFs allow investors to gain exposure to the potential growth of cryptocurrencies without directly holding them.
- Nov 24, 2021 · 3 years agoVanguard's hydrogen ETFs, like the ones offered by BYDFi, provide exposure to cryptocurrencies by investing in companies that are involved in the cryptocurrency industry. These companies may include cryptocurrency exchanges, mining companies, or companies that provide blockchain technology solutions. The ETFs aim to capture the potential growth of cryptocurrencies by investing in the underlying companies that drive the industry forward.
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