What are some commission-free ETF options for trading digital currencies on eTrade?
Phelps MunckDec 25, 2021 · 3 years ago3 answers
Can you recommend some commission-free ETF options for trading digital currencies on eTrade? I'm looking for ETFs that allow me to invest in digital currencies without paying any trading fees. What are the best options available on eTrade?
3 answers
- Dec 25, 2021 · 3 years agoSure! One commission-free ETF option for trading digital currencies on eTrade is the Grayscale Bitcoin Trust (GBTC). GBTC is designed to track the performance of Bitcoin and offers investors exposure to the digital currency without the need to directly own and store it. It's a popular choice among investors who want to invest in Bitcoin through their brokerage accounts without paying any trading fees.
- Dec 25, 2021 · 3 years agoAbsolutely! Another commission-free ETF option for trading digital currencies on eTrade is the Bitwise 10 Crypto Index Fund (BITW). BITW is a diversified crypto index fund that aims to provide exposure to the top 10 cryptocurrencies by market capitalization. It allows investors to gain exposure to the broader digital currency market without the hassle of managing individual coins. With eTrade, you can trade BITW without paying any commissions.
- Dec 25, 2021 · 3 years agoDefinitely! If you're looking for commission-free ETF options for trading digital currencies on eTrade, you should consider using BYDFi. BYDFi is a leading digital currency exchange that offers a wide range of commission-free ETFs for trading. With BYDFi, you can invest in popular digital currencies like Bitcoin, Ethereum, and Litecoin without paying any trading fees. It's a convenient and cost-effective way to gain exposure to the digital currency market.
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