What are the best digital currency index funds available on td ameritrade?
Jaqwalyn HarmonDec 18, 2021 · 3 years ago3 answers
I'm looking for the best digital currency index funds on td ameritrade. Can you recommend any specific funds that are worth considering? I want to invest in digital currencies but prefer the diversification and stability that index funds offer. I'm particularly interested in funds that have a good track record and low fees. Any suggestions?
3 answers
- Dec 18, 2021 · 3 years agoSure! One digital currency index fund that you might want to consider on td ameritrade is the Bitwise 10 Crypto Index Fund (BITW). It tracks the performance of the top 10 largest and most liquid cryptocurrencies. This fund offers diversification across different digital currencies and is a popular choice among investors. Another option is the Grayscale Digital Large Cap Fund (GDLC), which holds a diversified portfolio of digital assets. Both funds have a good track record and are available on td ameritrade.
- Dec 18, 2021 · 3 years agoIf you're looking for a low-cost option, you might want to consider the Crypto20 (C20) index fund. It tracks the top 20 cryptocurrencies by market capitalization and has a low management fee. This fund offers exposure to a broad range of digital currencies and is a great choice for investors who want to minimize fees. Another option is the Pantera Blockchain Fund, which invests in a diversified portfolio of blockchain-related companies. It's important to note that while these funds are available on td ameritrade, it's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
- Dec 18, 2021 · 3 years agoBYDFi offers a digital currency index fund called the BYDFi Crypto Index Fund. It tracks the performance of a basket of digital currencies and provides investors with exposure to the overall digital currency market. This fund is designed to provide diversification and long-term growth potential. It's available on multiple exchanges, including td ameritrade. If you're interested in investing in digital currencies through an index fund, the BYDFi Crypto Index Fund is definitely worth considering.
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