Which SPDR ETFs offer exposure to the cryptocurrency market?
Slattery OgdenDec 25, 2021 · 3 years ago3 answers
I'm interested in investing in SPDR ETFs that provide exposure to the cryptocurrency market. Can you please recommend some SPDR ETFs that offer this exposure?
3 answers
- Dec 25, 2021 · 3 years agoCertainly! One SPDR ETF that offers exposure to the cryptocurrency market is the SPDR S&P Kensho Final Frontiers ETF (ROKT). This ETF tracks an index that includes companies involved in the development and utilization of blockchain technology. Investing in ROKT can provide indirect exposure to the cryptocurrency market through companies that are innovating in this space.
- Dec 25, 2021 · 3 years agoYes, there are SPDR ETFs that provide exposure to the cryptocurrency market. One example is the SPDR S&P Kensho Smart Mobility ETF (HAIL). This ETF focuses on companies involved in autonomous vehicles, electric vehicles, and ride-sharing platforms, which are areas that can benefit from the adoption of blockchain technology and cryptocurrencies.
- Dec 25, 2021 · 3 years agoBYDFi, a digital asset exchange, offers a range of SPDR ETFs that provide exposure to the cryptocurrency market. These ETFs include SPDR S&P Kensho Final Frontiers ETF (ROKT), SPDR S&P Kensho Smart Mobility ETF (HAIL), and SPDR S&P Kensho Future Security ETF (XKFS). Investing in these ETFs can be a way to diversify your portfolio and potentially benefit from the growth of the cryptocurrency market.
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