Which index funds on Robinhood offer exposure to the cryptocurrency market?
alina_zhDec 24, 2021 · 3 years ago3 answers
I'm interested in investing in index funds on Robinhood that provide exposure to the cryptocurrency market. Can you recommend any specific index funds that are available on Robinhood and offer exposure to cryptocurrencies?
3 answers
- Dec 24, 2021 · 3 years agoSure! One index fund on Robinhood that offers exposure to the cryptocurrency market is the Bitwise 10 Crypto Index Fund (BITW). It tracks the performance of the top 10 cryptocurrencies and provides investors with diversified exposure to the crypto market. It's a great option for those looking to invest in cryptocurrencies through an index fund on Robinhood.
- Dec 24, 2021 · 3 years agoAbsolutely! Another index fund on Robinhood that you can consider is the Grayscale Digital Large Cap Fund (GDLC). This fund provides exposure to a diversified basket of large-cap cryptocurrencies, including Bitcoin, Ethereum, and other major digital assets. It's a convenient way to gain exposure to the cryptocurrency market without having to manage individual coins.
- Dec 24, 2021 · 3 years agoBYDFi, a digital asset exchange, offers a range of index funds that provide exposure to the cryptocurrency market. These index funds are designed to track the performance of specific cryptocurrency indices and offer investors a diversified portfolio of digital assets. They are a popular choice among investors looking for passive exposure to the crypto market.
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