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How can I use iShares Core Dividend Growth ETF to invest in cryptocurrencies?

avatarTanziDec 25, 2021 · 3 years ago3 answers

I am interested in investing in cryptocurrencies and I have heard about iShares Core Dividend Growth ETF. How can I use this ETF to invest in cryptocurrencies? Can I directly buy cryptocurrencies through this ETF or is there another way to invest using this ETF?

How can I use iShares Core Dividend Growth ETF to invest in cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can use iShares Core Dividend Growth ETF to indirectly invest in cryptocurrencies. This ETF primarily invests in dividend-paying stocks, but it also has exposure to companies involved in the cryptocurrency industry. By investing in this ETF, you can gain exposure to the potential growth of cryptocurrencies without directly buying them. However, it's important to note that the performance of this ETF may not perfectly mirror the performance of the cryptocurrency market.
  • avatarDec 25, 2021 · 3 years ago
    No, iShares Core Dividend Growth ETF does not allow you to directly buy cryptocurrencies. This ETF primarily focuses on dividend-paying stocks and does not directly invest in cryptocurrencies. If you want to invest in cryptocurrencies, you will need to use a cryptocurrency exchange or platform to buy them directly.
  • avatarDec 25, 2021 · 3 years ago
    While iShares Core Dividend Growth ETF does not directly invest in cryptocurrencies, there are other ETFs available that specifically target the cryptocurrency market. One example is the BYDFi Crypto ETF, which invests in a diversified portfolio of cryptocurrencies. If you are specifically interested in investing in cryptocurrencies, you may want to consider exploring ETFs that are dedicated to the cryptocurrency market.