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What are the best digital currency ETFs similar to Merrill Lynch ETF?

avatarpavan kalyanDec 27, 2021 · 3 years ago3 answers

Can you recommend some digital currency ETFs that are similar to Merrill Lynch ETF? I'm looking for the best options in the market.

What are the best digital currency ETFs similar to Merrill Lynch ETF?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One of the top digital currency ETFs similar to Merrill Lynch ETF is the Grayscale Bitcoin Trust (GBTC). It offers exposure to Bitcoin and is traded on the OTC markets. Another option is the Bitwise 10 Crypto Index Fund (BITW), which provides diversified exposure to the top digital currencies. Both of these ETFs have gained popularity among investors seeking exposure to the digital currency market.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for a more traditional ETF similar to Merrill Lynch ETF, you might consider the Amplify Transformational Data Sharing ETF (BLOK). Although it's not solely focused on digital currencies, it does invest in companies involved in blockchain technology, which is closely related to the digital currency market. This ETF offers a diversified approach to investing in the blockchain industry.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a digital currency exchange, also offers a range of ETFs similar to Merrill Lynch ETF. They have a variety of options that provide exposure to different digital currencies and investment strategies. It's worth exploring their offerings to find the best fit for your investment goals.