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What are the top VIX ETFs for investing in the cryptocurrency market?

avatarAuguste JohnnyDec 28, 2021 · 3 years ago3 answers

I'm interested in investing in the cryptocurrency market and I've heard about VIX ETFs. Can you recommend some of the top VIX ETFs that are suitable for investing in the cryptocurrency market? I'm looking for ETFs that can provide exposure to the volatility of the cryptocurrency market and help me diversify my portfolio. What are the options available?

What are the top VIX ETFs for investing in the cryptocurrency market?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One of the top VIX ETFs for investing in the cryptocurrency market is the ProShares VIX Short-Term Futures ETF (VIXY). This ETF aims to provide exposure to the short-term volatility of the S&P 500 VIX Short-Term Futures Index. Although it is not directly focused on the cryptocurrency market, it can still be used as a tool to hedge against volatility in the overall market, including the cryptocurrency market. It is important to note that investing in VIX ETFs involves risks and it is advisable to do thorough research and consult with a financial advisor before making any investment decisions.
  • avatarDec 28, 2021 · 3 years ago
    If you're specifically looking for VIX ETFs that are more focused on the cryptocurrency market, you may consider the VelocityShares Daily 2x VIX Short-Term ETN (TVIX). This ETN is designed to provide leveraged exposure to the S&P 500 VIX Short-Term Futures Index, which includes futures contracts on the CBOE Volatility Index (VIX). It is important to keep in mind that leveraged ETFs and ETNs can be more volatile and may not be suitable for all investors. It is recommended to thoroughly understand the risks involved before investing in such products.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a range of VIX ETFs that can be suitable for investing in the cryptocurrency market. These ETFs are designed to track the performance of the VIX index, which measures the market's expectation of volatility. Investing in VIX ETFs can provide a way to hedge against volatility in the cryptocurrency market. However, it is important to note that investing in VIX ETFs involves risks and it is advisable to do thorough research and consult with a financial advisor before making any investment decisions.