What are the most popular ETFs for trading digital currencies in 2019?
Anish MitkariDec 17, 2021 · 3 years ago3 answers
Can you provide a list of the most popular ETFs for trading digital currencies in 2019? I'm interested in knowing which ETFs are commonly used by traders to invest in digital currencies.
3 answers
- Dec 17, 2021 · 3 years agoSure! One of the most popular ETFs for trading digital currencies in 2019 is the Grayscale Bitcoin Trust (GBTC). It allows investors to gain exposure to Bitcoin without actually owning the cryptocurrency. Another popular option is the Bitwise 10 Crypto Index Fund (BITW), which provides diversified exposure to a basket of digital currencies. Additionally, the Amplify Transformational Data Sharing ETF (BLOK) is another ETF that invests in companies involved in blockchain technology, offering indirect exposure to digital currencies. These are just a few examples of the popular ETFs available for trading digital currencies in 2019.
- Dec 17, 2021 · 3 years agoHey there! If you're looking to invest in digital currencies through ETFs, you might want to consider the Grayscale Ethereum Trust (ETHE). It provides exposure to Ethereum, the second-largest cryptocurrency by market capitalization. Another option is the Reality Shares Nasdaq NexGen Economy ETF (BLCN), which invests in companies involved in blockchain technology and digital currencies. These ETFs offer a convenient way to invest in digital currencies without the need to directly hold the underlying assets.
- Dec 17, 2021 · 3 years agoBYDFi, a leading digital currency exchange, offers a range of ETFs for trading digital currencies. Some of the popular ETFs available on BYDFi include the Digital Currency Group's Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). These ETFs provide investors with exposure to Bitcoin and Ethereum respectively, allowing them to participate in the potential growth of these digital currencies. BYDFi also offers other ETFs that provide exposure to a diversified portfolio of digital currencies, allowing investors to spread their risk across different assets.
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