What are the popular ETFs for investing in Bitcoin?

3 answers

• Jan 12, 2022 · 3 years ago
  Sure! One popular ETF for investing in Bitcoin is the Grayscale Bitcoin Trust (GBTC). It is a publicly traded investment vehicle that holds Bitcoin and allows investors to gain exposure to the cryptocurrency without directly owning it. Another well-known option is the Bitwise 10 Crypto Index Fund (BITW), which tracks the performance of the top 10 cryptocurrencies, including Bitcoin. Both of these ETFs provide a convenient way to invest in Bitcoin through traditional brokerage accounts.
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• Jan 12, 2022 · 3 years ago
  If you're looking for a more diversified approach, you might consider the ARK Next Generation Internet ETF (ARKW). While it is not solely focused on Bitcoin, it invests in various innovative technologies, including blockchain and cryptocurrency-related companies. This ETF offers exposure to Bitcoin indirectly through its holdings in companies involved in the cryptocurrency space.
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• Jan 12, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, also offers a Bitcoin ETF called BYD Bitcoin Tracker (BYDBTC). It provides investors with a simple and efficient way to gain exposure to Bitcoin's price movements. BYDBTC is designed to track the performance of Bitcoin and can be traded on the BYDFi platform. It's worth considering if you prefer to invest in Bitcoin through a dedicated digital asset exchange.
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