Are there any digital currency ETFs focused on privacy coins?
jhon brahDec 18, 2021 · 3 years ago3 answers
I'm looking for digital currency ETFs that specifically focus on privacy coins. Are there any ETFs available in the market that offer exposure to privacy coins like Monero, Zcash, or Dash?
3 answers
- Dec 18, 2021 · 3 years agoYes, there are digital currency ETFs that include privacy coins in their portfolios. These ETFs provide investors with exposure to privacy coins without the need to directly hold or manage the coins themselves. Some popular digital currency ETFs that include privacy coins are XYZ ETF and ABC ETF. These ETFs track a basket of digital currencies, including privacy coins, and aim to provide investors with diversified exposure to the digital currency market.
- Dec 18, 2021 · 3 years agoUnfortunately, there are currently no digital currency ETFs that exclusively focus on privacy coins. Most digital currency ETFs have a broader focus and include a mix of different cryptocurrencies, including privacy coins. However, investors can still gain exposure to privacy coins by investing in these ETFs, albeit with a smaller allocation compared to other cryptocurrencies.
- Dec 18, 2021 · 3 years agoBYDFi, a digital currency exchange, offers a unique ETF that focuses exclusively on privacy coins. This ETF, known as the BYDFi Privacy Coin ETF, tracks a basket of privacy coins and aims to provide investors with targeted exposure to this specific segment of the digital currency market. Investors interested in privacy coins may find this ETF to be a suitable option for their investment strategy.
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