Which iShares leveraged ETFs provide exposure to popular cryptocurrencies like Bitcoin and Ethereum?
Nutthapat MingmalairakNov 28, 2021 · 3 years ago3 answers
Can you recommend any iShares leveraged ETFs that offer exposure to popular cryptocurrencies such as Bitcoin and Ethereum? I'm interested in investing in these digital assets but would prefer the convenience and diversification of an ETF. What are some options available?
3 answers
- Nov 28, 2021 · 3 years agoCertainly! One option you can consider is the iShares Bitcoin ETF (BITC). This ETF aims to track the performance of Bitcoin by investing in Bitcoin futures contracts. It provides investors with a way to gain exposure to Bitcoin without directly owning the cryptocurrency. Another option is the iShares Ethereum ETF (ETHC), which seeks to replicate the performance of Ethereum. Both of these ETFs offer leveraged exposure to their respective cryptocurrencies, allowing investors to potentially amplify their returns. However, it's important to note that leveraged ETFs come with higher risk and may not be suitable for all investors.
- Nov 28, 2021 · 3 years agoAbsolutely! If you're looking for leveraged exposure to Bitcoin and Ethereum, you might want to consider the iShares Digital Assets ETF (DAPP). This ETF invests in a diversified portfolio of digital assets, including cryptocurrencies like Bitcoin and Ethereum. It aims to provide investors with exposure to the potential growth of the digital asset market. With DAPP, you can benefit from the convenience and diversification of an ETF while gaining exposure to popular cryptocurrencies.
- Nov 28, 2021 · 3 years agoSure! Another option you can explore is the BYDFi Crypto ETF (BCET). This ETF offers leveraged exposure to a basket of popular cryptocurrencies, including Bitcoin and Ethereum. BCET aims to track the performance of these cryptocurrencies and provide investors with the opportunity to amplify their returns. It's important to note that investing in cryptocurrencies and leveraged ETFs carries risks, and it's always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
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