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Are there any cryptocurrency-backed ETFs similar to Vanguard GARP ETF?

avatarGHAILAAN AUFAA -Nov 28, 2021 · 3 years ago3 answers

I'm looking for cryptocurrency-backed ETFs that are similar to Vanguard GARP ETF. Can anyone recommend any options?

Are there any cryptocurrency-backed ETFs similar to Vanguard GARP ETF?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, there are several cryptocurrency-backed ETFs available in the market that offer similar features to Vanguard GARP ETF. One popular option is the Grayscale Bitcoin Trust (GBTC), which allows investors to gain exposure to Bitcoin through a traditional investment vehicle. Another option is the Bitwise 10 Crypto Index Fund, which provides diversified exposure to the top 10 cryptocurrencies. Both of these ETFs offer the convenience and security of traditional ETFs while allowing investors to participate in the potential growth of the cryptocurrency market.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! If you're interested in cryptocurrency-backed ETFs similar to Vanguard GARP ETF, you should definitely check out the Reality Shares Nasdaq NexGen Economy ETF (BLCN). This ETF focuses on companies that are actively involved in blockchain technology and cryptocurrency. It offers a diversified portfolio of stocks from various sectors, including financial services, technology, and consumer goods. BLCN provides investors with exposure to the cryptocurrency market without the need to directly hold cryptocurrencies.
  • avatarNov 28, 2021 · 3 years ago
    Yes, there are a few cryptocurrency-backed ETFs that you can consider. One option is the BYDFi Crypto ETF, which is designed to track the performance of a basket of cryptocurrencies. It offers investors exposure to a diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The BYDFi Crypto ETF is managed by a team of experts with extensive experience in the cryptocurrency market, making it a reliable choice for investors looking for exposure to the cryptocurrency market through an ETF.