Which momentum ETFs are recommended for cryptocurrency investors?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! One momentum ETF that is recommended for cryptocurrency investors is the Invesco QQQ Trust (QQQ). This ETF tracks the performance of the Nasdaq 100 Index, which includes many technology companies that are closely tied to the cryptocurrency market. It has shown strong performance in recent years and can be a good option for investors looking for exposure to the cryptocurrency industry.
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• Dec 27, 2021 · 3 years ago
  Absolutely! Another momentum ETF worth considering for cryptocurrency investors is the ARK Innovation ETF (ARKK). This ETF focuses on innovative companies in various sectors, including technology and healthcare. Given the close relationship between innovation and the cryptocurrency market, ARKK can provide exposure to potential growth opportunities in the crypto space.
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• Dec 27, 2021 · 3 years ago
  Definitely! BYDFi, a leading digital asset exchange, recommends the Amplify Transformational Data Sharing ETF (BLOK) for cryptocurrency investors. BLOK invests in companies involved in blockchain technology and cryptocurrencies. It offers a diversified exposure to the crypto industry and has the potential to benefit from the growth of the blockchain ecosystem. Consider adding BLOK to your portfolio for exposure to the cryptocurrency market.
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