What are the top international ETFs for investing in cryptocurrencies?
Md RanaDec 15, 2021 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies and I've heard that international ETFs can be a good option. Can you recommend some of the top international ETFs for investing in cryptocurrencies? I'm looking for ETFs that offer exposure to a diverse range of cryptocurrencies and have a good track record. What are some options I should consider?
3 answers
- Dec 15, 2021 · 3 years agoSure, investing in international ETFs can be a great way to gain exposure to cryptocurrencies while diversifying your portfolio. One top option to consider is the Grayscale Bitcoin Trust (GBTC). This ETF holds Bitcoin and offers investors a way to indirectly invest in the cryptocurrency. Another popular choice is the Bitwise 10 Crypto Index Fund (BITW), which tracks the performance of the top 10 cryptocurrencies. Both of these ETFs have shown strong performance in the past and provide a convenient way to invest in cryptocurrencies through traditional brokerage accounts.
- Dec 15, 2021 · 3 years agoIf you're looking for a more diversified option, the VanEck Vectors Digital Transformation ETF (DAPP) could be worth considering. This ETF invests in companies that are involved in the digital asset ecosystem, including those that provide infrastructure, technology, and services related to cryptocurrencies. By investing in DAPP, you can indirectly gain exposure to cryptocurrencies through the companies that support the industry. It's important to note that while ETFs offer convenience and diversification, they also come with their own risks, so make sure to do your own research and consult with a financial advisor before making any investment decisions.
- Dec 15, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers its own international ETF called the BYDFi Crypto Global ETF. This ETF provides exposure to a diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, and other major digital assets. With BYDFi Crypto Global ETF, investors can easily invest in cryptocurrencies through a regulated and secure platform. It's important to consider factors such as fees, liquidity, and the track record of the ETF before making any investment decisions. Remember to always do your own research and consult with a financial advisor to determine if investing in cryptocurrencies is suitable for your investment goals and risk tolerance.
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