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Are there any alternative etfs to the 21shares bitcoin etf?

avatarPhilippe TrottierNov 29, 2021 · 3 years ago3 answers

I'm interested in investing in a bitcoin ETF, but I want to explore other options besides the 21shares bitcoin ETF. Are there any alternative ETFs available in the market that offer exposure to bitcoin?

Are there any alternative etfs to the 21shares bitcoin etf?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Absolutely! While the 21shares bitcoin ETF is a popular choice, there are other ETFs that provide exposure to bitcoin. One alternative is the Grayscale Bitcoin Trust (GBTC), which is a publicly traded trust that holds bitcoin. Another option is the Purpose Bitcoin ETF (BTCC), which is listed on the Toronto Stock Exchange. These ETFs offer investors a convenient way to gain exposure to bitcoin without the need to directly hold and secure the cryptocurrency themselves.
  • avatarNov 29, 2021 · 3 years ago
    Sure thing! If you're looking for alternatives to the 21shares bitcoin ETF, you might want to consider the CoinShares Physical Bitcoin (BITC) ETF. This ETF is listed on the SIX Swiss Exchange and provides investors with exposure to bitcoin. Additionally, the VanEck Vectors Bitcoin ETN (VBTC) is another option worth exploring. It's important to do your own research and consider factors such as fees, liquidity, and regulatory environment before making any investment decisions.
  • avatarNov 29, 2021 · 3 years ago
    Definitely! If you're interested in exploring alternative bitcoin ETFs, you might want to check out the BYDFi Bitcoin ETF. It offers similar exposure to bitcoin as the 21shares bitcoin ETF but with some unique features. The BYDFi Bitcoin ETF is designed to track the performance of bitcoin and aims to provide investors with a convenient and regulated way to invest in the cryptocurrency. It's listed on a reputable exchange and has gained popularity among investors.