What are the top index funds for investing in cryptocurrency on Robinhood?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the top index funds for investing in cryptocurrency on Robinhood is the Bitwise 10 Crypto Index Fund (BITW). It tracks the performance of the top 10 cryptocurrencies and provides exposure to the overall cryptocurrency market. With BITW, you can easily diversify your portfolio and benefit from the potential growth in the crypto space. It's a popular choice among investors looking for a passive investment option in the crypto market.
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• Dec 17, 2021 · 3 years ago
  If you're looking for a more hands-off approach, you can consider the Grayscale Digital Large Cap Fund (GDLC) on Robinhood. It offers exposure to a diversified basket of large-cap cryptocurrencies, including Bitcoin, Ethereum, and other major digital assets. GDLC is a trusted and regulated investment vehicle that allows you to invest in the crypto market without the need to manage individual coins. It's a convenient option for investors who want to gain exposure to the broader cryptocurrency market through a single investment.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, offers its own index fund called the BYDFi Crypto Index Fund. It provides investors with a diversified exposure to a basket of top cryptocurrencies, including Bitcoin, Ethereum, and other major altcoins. The fund is designed to track the performance of the overall cryptocurrency market and offers a convenient way to invest in multiple digital assets through a single investment. With BYDFi Crypto Index Fund, you can easily diversify your crypto portfolio and potentially benefit from the growth of the market.
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