Which blue chip ETFs offer exposure to the cryptocurrency market?

3 answers

• Feb 19, 2022 · 3 years ago
  Sure! One blue chip ETF that offers exposure to the cryptocurrency market is the Grayscale Bitcoin Trust (GBTC). It is a popular choice among investors looking for a reliable and regulated way to invest in Bitcoin. GBTC holds Bitcoin and its shares are traded on the OTCQX market. It provides investors with a convenient way to gain exposure to Bitcoin without having to directly buy and store the cryptocurrency. However, it's important to note that GBTC trades at a premium to the underlying Bitcoin holdings, so investors should carefully consider this before investing.
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• Feb 19, 2022 · 3 years ago
  Absolutely! Another blue chip ETF that provides exposure to the cryptocurrency market is the Bitwise 10 Crypto Index Fund (BITW). This ETF tracks the Bitwise 10 Large Cap Crypto Index, which includes the top 10 cryptocurrencies by market capitalization. BITW offers a diversified exposure to the cryptocurrency market and is designed to capture the potential upside of the sector while minimizing the risk associated with individual cryptocurrencies. It's a great option for investors looking for a broad exposure to the cryptocurrency market through a single investment.
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• Feb 19, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, offers a blue chip ETF called the Crypto Index ETF (CIE). This ETF tracks a diversified index of blue chip cryptocurrencies, providing investors with exposure to the broader cryptocurrency market. CIE is designed to offer a balanced and diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, and other major cryptocurrencies. It's a reliable option for investors looking to gain exposure to the cryptocurrency market through a regulated and reputable exchange like BYDFi.
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