Which ETFs track the performance of popular cryptocurrencies?
S0lteroDec 18, 2021 · 3 years ago3 answers
Can you recommend some ETFs that track the performance of popular cryptocurrencies?
3 answers
- Dec 18, 2021 · 3 years agoSure! One popular ETF that tracks the performance of popular cryptocurrencies is the Grayscale Bitcoin Trust (GBTC). It is designed to track the price of Bitcoin and is traded on the OTC markets. Another option is the Bitwise 10 Crypto Index Fund (BITW), which tracks the performance of a diversified portfolio of cryptocurrencies. Both of these ETFs provide exposure to the cryptocurrency market without the need to directly hold cryptocurrencies yourself.
- Dec 18, 2021 · 3 years agoThere are several ETFs that track the performance of popular cryptocurrencies. Some other options include the Amplify Transformational Data Sharing ETF (BLOK), which invests in companies involved in blockchain technology, and the Reality Shares Nasdaq NexGen Economy ETF (BLCN), which focuses on companies involved in blockchain and cryptocurrency-related activities. These ETFs offer a way to gain exposure to the cryptocurrency market through diversified portfolios of related companies.
- Dec 18, 2021 · 3 years agoBYDFi offers an ETF called the Digital Asset Index Fund (DAIF) that tracks the performance of popular cryptocurrencies. It provides investors with a convenient way to gain exposure to the cryptocurrency market through a diversified portfolio of digital assets. DAIF is designed to closely track the performance of popular cryptocurrencies and is traded on major exchanges. It is a great option for investors looking to participate in the potential growth of the cryptocurrency market.
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