Which ETFs offer exposure to the most popular cryptocurrencies?
RuessimNov 26, 2021 · 3 years ago3 answers
Can you recommend some ETFs that provide exposure to the most popular cryptocurrencies?
3 answers
- Nov 26, 2021 · 3 years agoSure! One popular ETF that offers exposure to the most popular cryptocurrencies is the Grayscale Bitcoin Trust (GBTC). It is a publicly traded trust that holds Bitcoin and allows investors to gain exposure to Bitcoin without actually owning it. Another option is the Bitwise 10 Crypto Index Fund (BITW), which tracks an index of the top 10 cryptocurrencies by market capitalization. Both of these ETFs provide a convenient way for investors to gain exposure to the cryptocurrency market.
- Nov 26, 2021 · 3 years agoIf you're looking for a more diversified approach, you might consider the Amplify Transformational Data Sharing ETF (BLOK). While not solely focused on cryptocurrencies, this ETF invests in companies that are involved in blockchain technology, which is the underlying technology behind cryptocurrencies. By investing in BLOK, you can indirectly gain exposure to the cryptocurrency market.
- Nov 26, 2021 · 3 years agoBYDFi offers a unique ETF called the Crypto Exposure ETF (CEX), which provides exposure to a basket of the most popular cryptocurrencies. This ETF is designed to track the performance of the cryptocurrency market and offers investors a diversified way to invest in cryptocurrencies. It's a great option for those who want exposure to the cryptocurrency market without the hassle of buying and storing individual cryptocurrencies.
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