common-close-0
BYDFi
Trade wherever you are!

Which 2x ETFs offer exposure to popular digital assets like Bitcoin and Ethereum?

avatarBhavan KumarDec 26, 2021 · 3 years ago8 answers

Can you recommend any 2x ETFs that provide exposure to popular digital assets such as Bitcoin and Ethereum?

Which 2x ETFs offer exposure to popular digital assets like Bitcoin and Ethereum?

8 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One popular 2x ETF that offers exposure to Bitcoin and Ethereum is the ProShares Ultra Bitcoin ETF (ticker: BITO). This ETF aims to provide 2x the daily performance of Bitcoin. Another option is the Direxion Daily Ethereum Bull 2X Shares ETF (ticker: ETHX), which seeks to provide 2x the daily performance of Ethereum. Both of these ETFs can be a convenient way for investors to gain leveraged exposure to these digital assets.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! If you're looking for 2x ETFs that track Bitcoin and Ethereum, you might want to consider the Amplify Transformational Data Sharing ETF (ticker: BLOK). While it doesn't specifically focus on Bitcoin and Ethereum, it invests in companies involved in blockchain technology, which is the underlying technology behind these digital assets. This ETF can provide indirect exposure to Bitcoin and Ethereum through its holdings in blockchain-related companies.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! BYDFi, a leading digital asset exchange, offers the BYDFi 2x Digital Asset ETF (ticker: BYD2X). This ETF aims to provide 2x the daily performance of a basket of popular digital assets, including Bitcoin and Ethereum. It's a great option for investors who want leveraged exposure to these digital assets. Please note that leveraged ETFs involve higher risks and are suitable for experienced investors.
  • avatarDec 26, 2021 · 3 years ago
    Of course! If you're interested in 2x ETFs that offer exposure to Bitcoin and Ethereum, you might want to check out the VanEck Vectors Digital Transformation ETF (ticker: DAPP). This ETF focuses on companies involved in digital transformation, which includes blockchain technology. While it doesn't directly track Bitcoin and Ethereum, it can provide indirect exposure to these digital assets through its holdings in blockchain-related companies.
  • avatarDec 26, 2021 · 3 years ago
    Sure thing! One option to consider is the ProShares UltraPro Bitcoin ETF (ticker: BITW). This 3x leveraged ETF aims to provide 3x the daily performance of Bitcoin. While it's not a 2x ETF, it offers even greater leverage for investors seeking exposure to Bitcoin. Just keep in mind that leveraged ETFs come with higher risks and are more suitable for experienced traders.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! The Grayscale Digital Large Cap Fund (ticker: GDLC) is another option to consider. While it's not an ETF, it's a publicly traded trust that holds a basket of popular digital assets, including Bitcoin and Ethereum. Although it doesn't provide leverage, it offers exposure to these digital assets in a convenient and regulated manner.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! The Bitwise 10 Crypto Index Fund (ticker: BITW) is worth looking into. This fund tracks an index that includes Bitcoin and Ethereum, along with other major digital assets. While it's not a leveraged ETF, it offers diversified exposure to the digital asset market.
  • avatarDec 26, 2021 · 3 years ago
    Sure! The Invesco Elwood Global Blockchain UCITS ETF (ticker: BCHN) is an option to consider. This ETF focuses on companies involved in blockchain technology, which is the underlying technology behind Bitcoin and Ethereum. While it doesn't directly track these digital assets, it can provide indirect exposure through its holdings in blockchain-related companies.