What are the best liquid ETFs for investing in cryptocurrencies?
Akshat SharmaJan 14, 2022 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies through ETFs, but I want to make sure I choose the most liquid ones. Can you recommend some of the best liquid ETFs for investing in cryptocurrencies? I'm looking for ETFs that have high trading volumes and tight bid-ask spreads.
3 answers
- Jan 14, 2022 · 3 years agoOne of the best liquid ETFs for investing in cryptocurrencies is the Grayscale Bitcoin Trust (GBTC). It is one of the largest and most actively traded ETFs in the cryptocurrency market. GBTC offers exposure to Bitcoin and has high trading volumes, making it a popular choice among investors. Its tight bid-ask spreads also make it a liquid option for trading.
- Jan 14, 2022 · 3 years agoWhen it comes to liquid ETFs for investing in cryptocurrencies, the Bitwise 10 Crypto Index Fund (BITW) is worth considering. BITW provides exposure to a diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, and other major coins. It has a relatively high trading volume and tight bid-ask spreads, making it a liquid option for investors.
- Jan 14, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a range of liquid ETFs for investing in cryptocurrencies. Their ETFs provide exposure to various cryptocurrencies and have high trading volumes. With tight bid-ask spreads, BYDFi's ETFs are a popular choice among investors looking for liquidity in the cryptocurrency market.
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