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Which ASX ETFs offer exposure to cryptocurrencies?

avatarRanas AliDec 25, 2021 · 3 years ago3 answers

Can you provide a list of ASX ETFs that provide exposure to cryptocurrencies? I'm interested in investing in the Australian stock market and want to include cryptocurrencies in my portfolio.

Which ASX ETFs offer exposure to cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! There are a few ASX ETFs that offer exposure to cryptocurrencies. One popular option is the BetaShares Bitcoin ETF (ASX: BTC). This ETF tracks the performance of Bitcoin and allows investors to gain exposure to the cryptocurrency without directly owning it. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. Both of these ETFs can be traded on the ASX like any other stock.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are ASX ETFs that offer exposure to cryptocurrencies. One example is the ASX: BTC ETF, which tracks the price of Bitcoin. This allows investors to indirectly invest in Bitcoin through the ETF. Another option is the ASX: DAA ETF, which invests in a basket of digital assets, including cryptocurrencies. These ETFs provide a convenient way for Australian investors to gain exposure to the cryptocurrency market without the need to directly buy and store cryptocurrencies themselves.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you're looking for ASX ETFs that offer exposure to cryptocurrencies, you might want to consider the BetaShares Bitcoin ETF (ASX: BTC) and the VanEck Vectors Digital Assets ETF (ASX: DAA). The BetaShares Bitcoin ETF tracks the price of Bitcoin and aims to provide investors with a return that corresponds to the performance of Bitcoin. The VanEck Vectors Digital Assets ETF, on the other hand, invests in a diversified portfolio of digital assets, including cryptocurrencies. Both of these ETFs can be traded on the ASX, making it easy for Australian investors to include cryptocurrencies in their portfolios.