What are the best ETFs on ASX for investing in cryptocurrencies?
FerchoDec 17, 2021 · 3 years ago3 answers
I am looking for the best ETFs on ASX (Australian Securities Exchange) to invest in cryptocurrencies. Can you recommend some top-performing ETFs that focus on cryptocurrencies? I want to diversify my portfolio and gain exposure to the cryptocurrency market through ETFs. What are the options available on ASX?
3 answers
- Dec 17, 2021 · 3 years agoSure! Investing in ETFs can be a great way to gain exposure to the cryptocurrency market. One popular option on ASX is the BetaShares Bitcoin ETF (ASX: BTC). This ETF aims to track the performance of Bitcoin by investing in Bitcoin futures contracts. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. These ETFs can be a convenient and regulated way to invest in cryptocurrencies on ASX.
- Dec 17, 2021 · 3 years agoWhen it comes to investing in cryptocurrencies through ETFs on ASX, there are a few options to consider. One of the top-performing ETFs is the BetaShares Bitcoin ETF (ASX: BTC), which aims to track the performance of Bitcoin. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. These ETFs offer investors a way to gain exposure to the cryptocurrency market without directly holding cryptocurrencies themselves.
- Dec 17, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers a range of ETFs on ASX for investing in cryptocurrencies. One of the top-performing ETFs is the BYDFi Crypto ETF (ASX: BYD), which tracks the performance of a basket of cryptocurrencies. This ETF provides investors with a convenient and regulated way to invest in cryptocurrencies on ASX. With BYDFi Crypto ETF, investors can gain exposure to the cryptocurrency market while diversifying their portfolio.
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