What are some digital currency options that are tradeable but not withdrawable on Vanguard?

3 answers

• Nov 27, 2021 · 3 years ago
  Sure! One digital currency option that is tradeable but not withdrawable on Vanguard is the Vanguard Digital Advisor. It allows you to invest in a diversified portfolio of digital assets, but you cannot withdraw the actual digital currencies. Instead, you can only sell or transfer your holdings within the Vanguard platform. This option provides exposure to the digital currency market without the need for a separate digital wallet or exchange account. 🙂
  458229
• Nov 27, 2021 · 3 years ago
  Yes, there are several digital currency options that you can trade on Vanguard without the ability to withdraw. One popular option is the Grayscale Bitcoin Trust (GBTC). It is a publicly traded trust that holds Bitcoin, and its shares can be bought and sold on Vanguard. However, you cannot withdraw the actual Bitcoin from the trust. Another option is the Bitwise 10 Crypto Index Fund (BITW), which is an exchange-traded fund (ETF) that tracks the performance of a diversified portfolio of digital currencies. Similarly, you can trade the shares of BITW on Vanguard, but you cannot withdraw the underlying digital currencies. 😊
  630210
• Nov 27, 2021 · 3 years ago
  Certainly! While Vanguard does not currently offer direct access to individual digital currencies, you can invest in the BYDFi Digital Asset Index Fund (BYDFI) on Vanguard. BYDFi is an actively managed fund that provides exposure to a diversified portfolio of digital assets. It aims to capture the potential growth of the digital currency market while managing risk through active management strategies. However, please note that while you can trade BYDFi on Vanguard, you cannot withdraw the actual digital currencies held by the fund. 🙂
  541136