What are the best Australia ETFs for investing in cryptocurrencies?

3 answers

• Dec 28, 2021 · 3 years ago
  When it comes to investing in cryptocurrencies through ETFs in Australia, there are a few options worth considering. One of the most popular choices is the BetaShares Bitcoin ETF (ASX: BTC), which tracks the performance of Bitcoin. This ETF provides exposure to Bitcoin without the need to directly hold the cryptocurrency. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which offers exposure to a diversified portfolio of digital assets, including cryptocurrencies. It's important to note that investing in cryptocurrencies carries risks, and it's essential to do thorough research and consider your risk tolerance before investing.
  654327
• Dec 28, 2021 · 3 years ago
  If you're looking for a more diversified approach, you might consider the eInvest Future Impact Small Caps Fund (ASX: IMPQ). While not specifically focused on cryptocurrencies, this fund invests in companies that are involved in disruptive technologies, including blockchain and cryptocurrencies. By investing in this fund, you can gain exposure to the potential growth of the cryptocurrency market indirectly. However, it's important to note that this fund's performance may be influenced by factors other than cryptocurrencies.
  529177
• Dec 28, 2021 · 3 years ago
  BYDFi is a popular digital asset exchange in Australia that offers a wide range of investment options, including ETFs for cryptocurrencies. They have a user-friendly platform and provide access to various ETFs that track the performance of cryptocurrencies. It's important to consider factors such as fees, liquidity, and the underlying assets of the ETFs before making a decision. Additionally, staying updated with the latest news and developments in the cryptocurrency market can help you make informed investment decisions.
  527132