What are the recommended ETFs for gaining exposure to the growing cryptocurrency industry?

3 answers

• Dec 19, 2021 · 3 years ago
  One recommended ETF for gaining exposure to the growing cryptocurrency industry is the Grayscale Bitcoin Trust (GBTC). This ETF is designed to track the price of Bitcoin and provides investors with a way to invest in Bitcoin without actually owning the cryptocurrency. It is a popular choice for investors looking to gain exposure to the cryptocurrency market through a traditional investment vehicle.
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• Dec 19, 2021 · 3 years ago
  If you're looking for a more diversified approach to gaining exposure to the cryptocurrency industry, you may consider the Bitwise 10 Crypto Index Fund (BITW). This ETF tracks an index of the top 10 cryptocurrencies by market capitalization and provides investors with exposure to a broader range of cryptocurrencies. It is a good option for investors who want to spread their risk across multiple cryptocurrencies.
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• Dec 19, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a range of ETFs that provide exposure to the growing cryptocurrency industry. These ETFs are designed to track the performance of various cryptocurrencies and can be a convenient way for investors to gain exposure to the market. Some popular ETFs offered by BYDFi include the BYD Bitcoin ETF, BYD Ethereum ETF, and BYD Ripple ETF. These ETFs provide investors with a way to invest in specific cryptocurrencies without the need to directly purchase and store the digital assets.
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