What are the lowest cost cryptocurrency index funds available?
Normand WilliamsDec 16, 2021 · 3 years ago3 answers
Can you recommend any cryptocurrency index funds that have low costs?
3 answers
- Dec 16, 2021 · 3 years agoSure! One of the lowest cost cryptocurrency index funds available is the Bitwise 10 Crypto Index Fund. It offers exposure to the top 10 cryptocurrencies and has a low expense ratio of 0.5%. This fund is a great option for investors looking for diversified exposure to the cryptocurrency market without paying high fees.
- Dec 16, 2021 · 3 years agoAbsolutely! The Grayscale Digital Large Cap Fund is another low-cost cryptocurrency index fund worth considering. It provides exposure to a basket of large-cap cryptocurrencies and has an expense ratio of 2.5%. While this may seem higher compared to traditional index funds, it is relatively low for the cryptocurrency market.
- Dec 16, 2021 · 3 years agoBYDFi offers a low-cost cryptocurrency index fund called the BYDFi Crypto Index Fund. It tracks a diversified portfolio of cryptocurrencies and has an expense ratio of 0.75%. This fund is designed to provide investors with exposure to the broader cryptocurrency market at a lower cost compared to other options.
Related Tags
Hot Questions
- 55
How does cryptocurrency affect my tax return?
- 46
What are the best digital currencies to invest in right now?
- 39
How can I buy Bitcoin with a credit card?
- 38
Are there any special tax rules for crypto investors?
- 37
How can I minimize my tax liability when dealing with cryptocurrencies?
- 14
What are the advantages of using cryptocurrency for online transactions?
- 12
What are the best practices for reporting cryptocurrency on my taxes?
- 12
How can I protect my digital assets from hackers?