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Which one is more popular among cryptocurrency investors, SLV or SIVR?

avatarGodwin McKenzieDec 16, 2021 · 3 years ago3 answers

Among cryptocurrency investors, which exchange-traded fund (ETF) is more popular, SLV or SIVR? What factors contribute to their popularity?

Which one is more popular among cryptocurrency investors, SLV or SIVR?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    SLV and SIVR are both popular among cryptocurrency investors, but their popularity can vary depending on various factors. SLV, which stands for iShares Silver Trust, is an ETF that tracks the price of silver. It is often favored by investors who believe in the potential of silver as a store of value and a hedge against inflation. On the other hand, SIVR, which stands for Aberdeen Standard Physical Silver Shares ETF, also tracks the price of silver but may attract a different set of investors due to its different management and expense structure. Factors such as historical performance, management reputation, expense ratio, and investor sentiment can all influence the popularity of these ETFs among cryptocurrency investors.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to popularity among cryptocurrency investors, SLV and SIVR are neck and neck. Both ETFs offer exposure to the price of silver, which is an attractive asset for many cryptocurrency enthusiasts. SLV has been around for longer and has a larger asset base, which may make it more familiar and trusted among investors. However, SIVR has a lower expense ratio, which can be appealing to cost-conscious investors. Ultimately, the choice between SLV and SIVR depends on individual preferences and investment goals.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, SLV is currently more popular among cryptocurrency investors compared to SIVR. This could be due to a variety of reasons, including SLV's longer track record, larger market presence, and potentially stronger brand recognition. However, it's important to note that popularity can fluctuate over time and may vary among different segments of cryptocurrency investors. It's always recommended to conduct thorough research and consider personal investment objectives before making any investment decisions.