Which UK ETFs offer the best exposure to the cryptocurrency market?
Kruse EllegaardDec 16, 2021 · 3 years ago3 answers
I am looking for UK ETFs that provide the most comprehensive exposure to the cryptocurrency market. Can you recommend any specific ETFs that are available in the UK and offer a good range of cryptocurrencies?
3 answers
- Dec 16, 2021 · 3 years agoOne UK ETF that offers exposure to the cryptocurrency market is the Invesco Elwood Global Blockchain UCITS ETF. This ETF tracks the performance of companies involved in blockchain technology and provides exposure to cryptocurrencies indirectly. It is listed on the London Stock Exchange and offers investors a diversified portfolio of blockchain-related companies.
- Dec 16, 2021 · 3 years agoAnother option is the WisdomTree Bitcoin ETP. This ETF is listed on the Swiss Stock Exchange but is available to UK investors. It tracks the price of Bitcoin and provides a convenient way to gain exposure to the cryptocurrency without directly owning it. It is worth noting that this ETF only provides exposure to Bitcoin and not other cryptocurrencies.
- Dec 16, 2021 · 3 years agoBYDFi, a digital asset exchange, also offers UK investors exposure to the cryptocurrency market. They provide a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, and many others. BYDFi offers a user-friendly platform with competitive fees and a secure trading environment. It is a popular choice among cryptocurrency traders in the UK.
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