Which Australian ETFs offer exposure to the cryptocurrency market?

3 answers

• Jan 05, 2022 · 3 years ago
  Sure! There are a few Australian ETFs that offer exposure to the cryptocurrency market. 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: ADA). This ETF provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. Both of these ETFs are listed on the Australian Securities Exchange (ASX) and can be easily traded through a brokerage account. Remember to do your own research and consider your investment goals before investing in any ETF.
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• Jan 05, 2022 · 3 years ago
  Absolutely! If you're looking for Australian ETFs that offer exposure to the cryptocurrency market, you might want to consider the VanEck Vectors Digital Assets ETF (ASX: ADA). This ETF invests in companies that generate at least 50% of their revenue from digital assets, including cryptocurrencies. Another option is the BetaShares Bitcoin ETF (ASX: BTC), which tracks the performance of Bitcoin. Both of these ETFs provide a convenient way to gain exposure to the cryptocurrency market without directly owning cryptocurrencies. Make sure to consult with a financial advisor and carefully review the prospectus before making any investment decisions.
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• Jan 05, 2022 · 3 years ago
  Yes, there are Australian ETFs that offer exposure to the cryptocurrency market. One such ETF is the BetaShares Bitcoin ETF (ASX: BTC). This ETF aims to track the performance of Bitcoin by investing in a portfolio of Bitcoin and Bitcoin futures contracts. It provides investors with a way to gain exposure to the cryptocurrency market without the need to directly hold cryptocurrencies. However, it's important to note that investing in cryptocurrencies can be highly volatile and speculative. It's always a good idea to do thorough research and consult with a financial advisor before making any investment decisions. Please note that BYDFi is a digital currency exchange and does not offer ETFs.
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