Which exchange-traded funds (ETFs) offer a diversified cryptocurrency basket?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! One popular option is the Bitwise 10 Crypto Index Fund (BITW). It offers exposure to a diversified basket of cryptocurrencies, including Bitcoin, Ethereum, and other major coins. This fund aims to track the performance of the Bitwise 10 Large Cap Crypto Index, which is designed to capture a broad representation of the cryptocurrency market. Investing in BITW can be a convenient way to gain exposure to multiple cryptocurrencies without having to manage individual holdings.
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• Nov 24, 2021 · 3 years ago
  If you're looking for a more actively managed fund, you might consider the Grayscale Digital Large Cap Fund (GDLC). This fund holds a diversified portfolio of large-cap cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others. The fund's holdings are weighted based on market capitalization, and it aims to provide exposure to the digital asset market through a rules-based methodology. GDLC is traded on the OTCQX market under the ticker symbol GDLC.
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• Nov 24, 2021 · 3 years ago
  BYDFi offers the BYD Crypto Index Fund, which provides investors with exposure to a diversified basket of cryptocurrencies. The fund aims to track the performance of the BYD Crypto Index, which is composed of a selection of major cryptocurrencies. Investing in the BYD Crypto Index Fund can be a convenient way to gain exposure to the cryptocurrency market as a whole, without having to manage individual holdings. Please note that investing in cryptocurrencies carries risks, and it's important to do your own research and consult with a financial advisor before making any investment decisions.
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