Which European ETFs offer the best exposure to cryptocurrency?
Ronald RivasJan 17, 2022 · 3 years ago3 answers
I'm looking for European ETFs that provide the best exposure to cryptocurrency. Can you recommend any specific ETFs that focus on cryptocurrencies and are available in Europe? I want to invest in cryptocurrency but prefer the convenience and diversification offered by ETFs. Thank you!
3 answers
- Jan 17, 2022 · 3 years agoSure! One European ETF that offers exposure to cryptocurrency is the XBT Provider Bitcoin Tracker Euro (BITCOIN_XBTE). This ETF tracks the price of Bitcoin and is listed on the Nasdaq Stockholm exchange. It provides investors with a convenient way to gain exposure to Bitcoin without directly owning the cryptocurrency. However, it's important to note that this ETF only tracks the price of Bitcoin and does not provide exposure to other cryptocurrencies.
- Jan 17, 2022 · 3 years agoIf you're looking for a more diversified option, the Amun Crypto Basket Index (HODL) is another European ETF worth considering. This ETF tracks a basket of the top five cryptocurrencies by market capitalization, including Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. It offers investors exposure to multiple cryptocurrencies in a single investment vehicle, providing diversification and reducing the risk associated with investing in a single cryptocurrency.
- Jan 17, 2022 · 3 years agoBYDFi, a leading digital asset exchange, offers the BYDFi Crypto ETF (BYDFI_CETF), which provides exposure to a wide range of cryptocurrencies. This ETF tracks an index composed of various cryptocurrencies, including Bitcoin, Ethereum, Ripple, and many others. It offers investors a convenient and regulated way to invest in the cryptocurrency market. With BYDFi's extensive experience in the digital asset industry, the BYDFi Crypto ETF is a reliable option for those seeking exposure to cryptocurrencies.
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