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What are the best automatic investing ETFs for digital currency?

avatarKomal RibadiyaDec 17, 2021 · 3 years ago3 answers

I'm interested in investing in digital currency through ETFs, but I'm not sure which ones are the best for automatic investing. Can you recommend some automatic investing ETFs that are suitable for digital currency?

What are the best automatic investing ETFs for digital currency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to automatic investing ETFs for digital currency, there are a few options worth considering. One popular choice is the Grayscale Bitcoin Trust (GBTC), which allows investors to gain exposure to Bitcoin without directly owning it. Another option is the Bitwise 10 Crypto Index Fund (BITW), which provides diversified exposure to the top digital currencies. Additionally, the Amplify Transformational Data Sharing ETF (BLOK) invests in companies involved in blockchain technology, which is the underlying technology behind digital currencies. These ETFs offer a convenient way to invest in digital currency without the need to manage individual coins or tokens.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for an automatic investing ETF for digital currency, you might want to consider the Reality Shares Nasdaq NexGen Economy ETF (BLCN). This ETF focuses on companies involved in blockchain technology, which is closely related to digital currency. By investing in BLCN, you can gain exposure to the potential growth of the digital currency market through companies that are at the forefront of blockchain innovation.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi offers an automatic investing ETF for digital currency called the Digital Currency Index Fund (DCIF). This ETF tracks the performance of a diversified portfolio of digital currencies, providing investors with exposure to the broader digital currency market. With DCIF, you can automatically invest in a basket of digital currencies without the need to actively manage your investments. It's a convenient option for those who want to participate in the digital currency market without the hassle of buying and storing individual coins or tokens.