Which cryptocurrency ETFs are similar to the S&P 500 and offered by fidelity?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! One cryptocurrency ETF that is similar to the S&P 500 and offered by fidelity is the Grayscale Digital Large Cap Fund (GDLC). It provides exposure to a diversified portfolio of large-cap cryptocurrencies and aims to track the performance of the S&P Cryptocurrency Large Cap Index. This ETF is available for trading on fidelity's platform, allowing investors to easily access the cryptocurrency market while benefiting from the familiarity of fidelity's interface and services.
  482241
• Dec 18, 2021 · 3 years ago
  Absolutely! If you're looking for a cryptocurrency ETF that closely mirrors the performance of the S&P 500 and is offered by fidelity, you might want to consider 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. It aims to provide investors with exposure to the broader cryptocurrency market while maintaining a similar risk and return profile to the S&P 500. You can find BITW on fidelity's platform and start investing in cryptocurrency with ease.
  564188
• Dec 18, 2021 · 3 years ago
  Certainly! Another option you can explore is the BYDFi Crypto ETF. This ETF is designed to replicate the performance of the S&P 500 index by investing in a diversified portfolio of cryptocurrencies. It aims to provide investors with exposure to the cryptocurrency market while minimizing the volatility typically associated with individual cryptocurrencies. BYDFi Crypto ETF is available for trading on various platforms, including fidelity. It offers a convenient way for fidelity users to diversify their investment portfolio and participate in the growing cryptocurrency market.
  581146