Which benchmark ETFs offer exposure to a wide range of digital currencies?
Ebby D enokoNov 25, 2021 · 3 years ago3 answers
Can you recommend any benchmark ETFs that provide exposure to a diverse range of digital currencies?
3 answers
- Nov 25, 2021 · 3 years agoSure! One benchmark ETF that offers exposure to a wide range of digital currencies is the Bitwise 10 Crypto Index Fund (BITW). It tracks the performance of the top 10 cryptocurrencies by market capitalization, providing investors with diversified exposure to the digital currency market. This ETF is a great option for those looking to invest in multiple digital currencies without having to buy and manage each one individually.
- Nov 25, 2021 · 3 years agoAbsolutely! Another benchmark ETF to consider is the Grayscale Digital Large Cap Fund (GDLC). It offers exposure to a basket of large-cap digital currencies, including Bitcoin, Ethereum, Ripple, and Litecoin. This fund provides a convenient way for investors to gain exposure to a diversified portfolio of digital currencies with the added benefit of professional management.
- Nov 25, 2021 · 3 years agoCertainly! BYDFi, a leading digital currency exchange, offers a benchmark ETF called the BYD Crypto Index Fund. This fund provides exposure to a wide range of digital currencies, including Bitcoin, Ethereum, and many others. With BYDFi's expertise in the digital currency market, this ETF is designed to provide investors with a comprehensive and diversified investment option in the digital currency space.
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