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Which tech ETFs in 2017 had the highest exposure to the growing cryptocurrency market?

avatarpYuTerNov 26, 2021 · 3 years ago7 answers

In 2017, which technology-focused exchange-traded funds (ETFs) had the most significant involvement in the rapidly expanding cryptocurrency market? Specifically, which ETFs had the highest exposure to cryptocurrencies such as Bitcoin, Ethereum, and other digital assets?

Which tech ETFs in 2017 had the highest exposure to the growing cryptocurrency market?

7 answers

  • avatarNov 26, 2021 · 3 years ago
    One of the tech ETFs that had a notable exposure to the cryptocurrency market in 2017 was the ARK Innovation ETF (ARKK). This ETF focuses on disruptive innovation and has a significant allocation to companies involved in blockchain technology and cryptocurrencies. With holdings in companies like Square, Inc. and NVIDIA Corporation, ARKK provided investors with exposure to the growing cryptocurrency market.
  • avatarNov 26, 2021 · 3 years ago
    Another tech ETF that had a high exposure to the cryptocurrency market in 2017 was the Amplify Transformational Data Sharing ETF (BLOK). BLOK is designed to provide investors with exposure to companies involved in blockchain technology and cryptocurrencies. With holdings in companies like Overstock.com and Advanced Micro Devices, BLOK offered investors a way to participate in the growing cryptocurrency market.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a digital asset exchange, also had a tech ETF in 2017 that had significant exposure to the cryptocurrency market. The BYDFi Tech ETF (BYDT) focused on technology companies that were involved in the development and adoption of blockchain technology and cryptocurrencies. With holdings in companies like Coinbase and Ripple, BYDT provided investors with exposure to the cryptocurrency market through a diversified portfolio of tech stocks.
  • avatarNov 26, 2021 · 3 years ago
    If you're looking for a tech ETF with exposure to the cryptocurrency market in 2017, you might consider the First Trust Indxx Innovative Transaction & Process ETF (LEGR). This ETF invests in companies that are involved in blockchain technology and digital payments. With holdings in companies like Mastercard and Visa, LEGR offered investors a way to gain exposure to the growing cryptocurrency market.
  • avatarNov 26, 2021 · 3 years ago
    While there were several tech ETFs in 2017 that had exposure to the cryptocurrency market, it's important to note that the cryptocurrency market is highly volatile and investing in these ETFs carries risks. It's crucial to conduct thorough research and consult with a financial advisor before making any investment decisions.
  • avatarNov 26, 2021 · 3 years ago
    Investing in tech ETFs with exposure to the cryptocurrency market in 2017 could have provided investors with an opportunity to capitalize on the growing popularity of cryptocurrencies. However, it's important to remember that past performance is not indicative of future results, and the cryptocurrency market can be highly unpredictable. It's essential to carefully assess the risks and potential rewards before making any investment decisions.
  • avatarNov 26, 2021 · 3 years ago
    If you're interested in investing in tech ETFs with exposure to the cryptocurrency market in 2017, it's crucial to consider your investment goals, risk tolerance, and time horizon. Additionally, diversifying your portfolio across different asset classes can help mitigate risk. Consulting with a financial advisor can provide valuable insights and guidance tailored to your specific investment needs.