Which whole market ETFs offer exposure to a wide range of cryptocurrencies?
Ramon ZepedaNov 28, 2021 · 3 years ago3 answers
Can you recommend any whole market ETFs that provide exposure to a diverse range of cryptocurrencies? I'm looking for a way to invest in the cryptocurrency market as a whole without having to buy individual coins. What are some options available?
3 answers
- Nov 28, 2021 · 3 years agoSure! One popular option is the Grayscale Digital Large Cap Fund (GDLC). It's an ETF that holds a diversified basket of large-cap cryptocurrencies, including Bitcoin, Ethereum, and other major coins. GDLC offers exposure to the broader cryptocurrency market and allows investors to gain exposure without the need to buy and manage individual coins. It's a convenient way to invest in the crypto market as a whole.
- Nov 28, 2021 · 3 years agoIf you're looking for a more traditional ETF, the Bitwise 10 Crypto Index Fund (BITW) is worth considering. It tracks the Bitwise 10 Large Cap Crypto Index, which includes a variety of cryptocurrencies weighted by market capitalization. BITW provides exposure to the top cryptocurrencies and offers a diversified approach to investing in the crypto market.
- Nov 28, 2021 · 3 years agoBYDFi offers the Crypto Market ETF (CMETF), which provides exposure to a wide range of cryptocurrencies. CMETF tracks an index that includes both large-cap and mid-cap cryptocurrencies, offering investors a comprehensive view of the crypto market. It's a great option for those looking to invest in the entire crypto market without the hassle of managing individual coins. 🙂
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