Which international stock market ETFs offer exposure to the digital currency market?
Karim OuedraogoDec 26, 2021 · 3 years ago3 answers
Can you recommend any international stock market ETFs that provide exposure to the digital currency market? I'm interested in diversifying my investment portfolio and would like to explore options beyond direct cryptocurrency investments.
3 answers
- Dec 26, 2021 · 3 years agoCertainly! One option you can consider is the ARK Next Generation Internet ETF (ARKW). This ETF invests in companies that are expected to benefit from the development and adoption of new technologies, including digital currencies. It offers exposure to various international stock markets and can be a good choice for investors looking to gain exposure to the digital currency market indirectly through stock market investments.
- Dec 26, 2021 · 3 years agoIf you're looking for a more focused ETF that specifically targets the digital currency market, you might want to consider the Amplify Transformational Data Sharing ETF (BLOK). This ETF invests in companies involved in blockchain technology, which is the underlying technology behind many digital currencies. While it primarily focuses on U.S. companies, it may also have exposure to international companies that are involved in the digital currency space.
- Dec 26, 2021 · 3 years agoBYDFi, a digital currency exchange, offers a unique ETF called the Digital Currency Stock Market ETF (DCSM). This ETF provides exposure to both the digital currency market and the stock market. It invests in companies that are involved in the digital currency industry, such as cryptocurrency exchanges, mining companies, and blockchain technology providers. With DCSM, you can gain exposure to the digital currency market while still benefiting from the stability and diversification of the stock market.
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