Which ETFs on Robinhood offer exposure to the overall cryptocurrency market?
McClellan BucknerDec 13, 2021 · 3 years ago3 answers
I'm interested in investing in the overall cryptocurrency market through ETFs on Robinhood. Can you provide me with a list of ETFs available on Robinhood that offer exposure to the cryptocurrency market as a whole?
3 answers
- Dec 13, 2021 · 3 years agoSure! If you're looking for ETFs on Robinhood that provide exposure to the overall cryptocurrency market, there are a few options you can consider. One popular choice is the Grayscale Bitcoin Trust (GBTC), which is an investment vehicle that holds Bitcoin and allows investors to gain exposure to the cryptocurrency market without directly owning Bitcoin. Another option is the Bitwise 10 Crypto Index Fund (BITW), which tracks an index of the top 10 cryptocurrencies. These ETFs can be a convenient way to invest in the cryptocurrency market through Robinhood.
- Dec 13, 2021 · 3 years agoAbsolutely! If you're looking to invest in the overall cryptocurrency market using ETFs on Robinhood, you're in luck. One option you can explore is the Grayscale Ethereum Trust (ETHE), which holds Ethereum and provides exposure to the cryptocurrency market. Another choice is the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on companies involved in the cryptocurrency industry. These ETFs can be a great way to diversify your portfolio and gain exposure to the cryptocurrency market through Robinhood.
- Dec 13, 2021 · 3 years agoOf course! If you're interested in investing in the overall cryptocurrency market through ETFs on Robinhood, you may want to consider the BYDFi Crypto ETF (BYDC). This ETF offers exposure to a diversified portfolio of cryptocurrencies and is designed to track the performance of the overall cryptocurrency market. It can be a convenient option for investors looking to gain exposure to the cryptocurrency market through Robinhood. Please note that BYDFi is an independent ETF provider and is not affiliated with Robinhood.
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