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Can you recommend an ETF that includes Bitcoin in its holdings?

avatarMartin MartensDec 17, 2021 · 3 years ago3 answers

I'm looking for an exchange-traded fund (ETF) that includes Bitcoin in its holdings. Can you recommend any ETFs that meet this criteria? I'm interested in investing in Bitcoin through an ETF rather than buying Bitcoin directly.

Can you recommend an ETF that includes Bitcoin in its holdings?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One ETF that includes Bitcoin in its holdings is the Grayscale Bitcoin Trust (GBTC). It's a popular choice among investors who want exposure to Bitcoin without directly owning it. GBTC is traded on the OTC markets and allows investors to gain exposure to Bitcoin through a traditional brokerage account. It's important to note that GBTC is a trust, not an ETF, but it serves a similar purpose.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Another option is the Bitwise 10 Crypto Index Fund (BITW). This ETF tracks an index of the top 10 cryptocurrencies, including Bitcoin. It provides diversified exposure to the cryptocurrency market and can be a good choice for investors who want exposure to Bitcoin along with other major cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Of course! BYDFi offers an ETF called the BYD Bitcoin ETF (BYDBTC). It's designed to track the performance of Bitcoin and provide investors with exposure to the cryptocurrency market. BYDBTC is traded on major exchanges and can be purchased through a brokerage account. It's important to do your own research and consider your investment goals before investing in any ETF.