Are there any commission-free ETFs on Fidelity that track the performance of popular cryptocurrencies?
Augustine GarnerDec 27, 2021 · 3 years ago3 answers
I'm interested in investing in popular cryptocurrencies through commission-free ETFs on Fidelity. Are there any such ETFs available on Fidelity that track the performance of popular cryptocurrencies like Bitcoin, Ethereum, or Litecoin?
3 answers
- Dec 27, 2021 · 3 years agoYes, Fidelity offers commission-free ETFs that track the performance of popular cryptocurrencies. These ETFs allow investors to gain exposure to the price movements of cryptocurrencies without having to directly own them. It's a convenient and cost-effective way to invest in cryptocurrencies through Fidelity's platform. However, it's important to note that the performance of these ETFs may not perfectly mirror the performance of the underlying cryptocurrencies due to factors like fees and tracking error.
- Dec 27, 2021 · 3 years agoAbsolutely! Fidelity has a range of commission-free ETFs that provide exposure to popular cryptocurrencies. These ETFs are designed to track the performance of specific cryptocurrency indexes or baskets, allowing investors to diversify their portfolios and potentially benefit from the growth of the cryptocurrency market. With Fidelity's commission-free trading, investors can easily buy and sell these ETFs without incurring additional costs.
- Dec 27, 2021 · 3 years agoYes, there are commission-free ETFs on Fidelity that track the performance of popular cryptocurrencies. These ETFs are a great option for investors who want to gain exposure to the cryptocurrency market without the hassle of directly buying and storing cryptocurrencies. Fidelity's platform offers a seamless and user-friendly experience for investing in these ETFs, making it accessible to both experienced and novice investors. However, it's important to do your own research and understand the risks associated with investing in cryptocurrencies before making any investment decisions.
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