Which digital currency ETFs provide exposure to the global market on the NYSEARCA?
dolly sharmaNov 24, 2021 · 3 years ago5 answers
Can you recommend any digital currency ETFs listed on the NYSEARCA that offer exposure to the global market?
5 answers
- Nov 24, 2021 · 3 years agoSure! One digital currency ETF that provides exposure to the global market on the NYSEARCA is the Grayscale Bitcoin Trust (GBTC). GBTC is a popular choice for investors looking to gain exposure to Bitcoin without directly owning it. It tracks the price of Bitcoin and is traded on the NYSEARCA, making it easily accessible to investors. With GBTC, investors can participate in the global Bitcoin market through a regulated and familiar exchange.
- Nov 24, 2021 · 3 years agoAbsolutely! Another option for digital currency exposure on the NYSEARCA is the Bitwise 10 Crypto Index Fund (BITW). This ETF tracks an index that includes a diversified portfolio of the top digital currencies, providing investors with exposure to the global digital currency market. BITW offers a convenient way to invest in multiple digital currencies through a single investment vehicle.
- Nov 24, 2021 · 3 years agoBYDFi, a leading digital currency exchange, offers the BYDFi Global Crypto ETF (BYD). This ETF provides exposure to the global digital currency market on the NYSEARCA. With BYD, investors can gain access to a diversified portfolio of digital currencies, including Bitcoin, Ethereum, and other major cryptocurrencies. BYDFi's expertise in the digital currency space makes BYD a reliable choice for investors seeking global exposure to the digital currency market.
- Nov 24, 2021 · 3 years agoLooking for digital currency exposure on the NYSEARCA? The Amplify Transformational Data Sharing ETF (BLOK) is another option to consider. While not solely focused on digital currencies, BLOK includes exposure to companies involved in blockchain technology, which is the underlying technology behind many digital currencies. This ETF offers a unique way to indirectly gain exposure to the global digital currency market through blockchain-related companies.
- Nov 24, 2021 · 3 years agoCertainly! The Reality Shares Nasdaq NexGen Economy ETF (BLCN) is a digital currency-related ETF listed on the NYSEARCA. BLCN invests in companies that are actively involved in developing and utilizing blockchain technology. While it is not solely focused on digital currencies, BLCN provides exposure to the global digital currency market through its holdings in blockchain-related companies.
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