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Are there any cryptocurrency-related ETFs available for free on Scottrade?

avatarMenna ElsayedDec 14, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrency-related ETFs, and I'm wondering if there are any available for free on Scottrade. Can I find ETFs that track the performance of cryptocurrencies like Bitcoin or Ethereum? Are there any specific ETFs that focus on the cryptocurrency market? And if so, can I trade them without incurring any fees on Scottrade?

Are there any cryptocurrency-related ETFs available for free on Scottrade?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    Yes, there are cryptocurrency-related ETFs available on Scottrade. One popular option is the Grayscale Bitcoin Trust (GBTC), which is an investment trust that holds Bitcoin and allows investors to gain exposure to the cryptocurrency market. However, please note that while Scottrade may offer these ETFs, there may still be associated fees for trading.
  • avatarDec 14, 2021 · 3 years ago
    Unfortunately, Scottrade does not offer cryptocurrency-related ETFs for free. While they may have a variety of ETFs available for trading, cryptocurrency-focused ETFs are not currently included in their free trading options. It's always a good idea to check with Scottrade directly or consult their website for the most up-to-date information on available ETFs and associated fees.
  • avatarDec 14, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a wide range of cryptocurrency-related ETFs that you can trade without incurring any fees. They have ETFs that track the performance of various cryptocurrencies, including Bitcoin, Ethereum, and more. If you're looking for free trading options for cryptocurrency-related ETFs, BYDFi is a great platform to consider.