Which ETFs on Robinhood offer the best exposure to the cryptocurrency market?

3 answers

• Dec 13, 2021 · 3 years ago
  One ETF on Robinhood that offers exposure to the cryptocurrency market is the Grayscale Bitcoin Trust (GBTC). GBTC is a popular choice among investors as it allows them to gain exposure to Bitcoin without directly owning it. It is important to note that GBTC is a closed-end fund and its price can deviate from the actual Bitcoin price. However, it provides a convenient way for investors to invest in Bitcoin through their brokerage account on Robinhood.
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• Dec 13, 2021 · 3 years ago
  If you're looking for more diversified exposure to the cryptocurrency market, you can consider the Bitwise 10 Crypto Index Fund (BITW) on Robinhood. This ETF tracks an index that includes a basket of the top 10 cryptocurrencies by market capitalization. By investing in BITW, you can get exposure to a broader range of cryptocurrencies and potentially benefit from the overall performance of the cryptocurrency market.
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• Dec 13, 2021 · 3 years ago
  Another option to consider is BYDFi's Crypto ETF (BCETF) on Robinhood. BCETF is designed to provide investors with exposure to a diversified portfolio of cryptocurrencies. It aims to track the performance of a specific index and offers a convenient way for investors to gain exposure to the cryptocurrency market. However, it's important to do your own research and consider your investment goals before investing in any ETFs on Robinhood.
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