Are there any global market ETFs that specifically track the performance of Bitcoin?

3 answers

• Dec 28, 2021 · 3 years ago
  Yes, there are global market ETFs that track the performance of Bitcoin. One example is the Grayscale Bitcoin Trust (GBTC), which is a publicly traded trust that holds Bitcoin and its shares are traded on the OTCQX market. It provides investors with exposure to Bitcoin without the need to directly own and store the cryptocurrency. However, it's important to note that GBTC is not an ETF in the traditional sense, but it serves a similar purpose. Another example is the Bitwise 10 Crypto Index Fund, which is an ETF that tracks the performance of a diversified index of the top 10 cryptocurrencies, including Bitcoin. This ETF is traded on the NYSE Arca exchange.
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• Dec 28, 2021 · 3 years ago
  Absolutely! There are several global market ETFs that specifically track the performance of Bitcoin. One popular option is the VanEck Vectors Bitcoin Strategy ETF, which aims to provide investors with exposure to Bitcoin through a combination of direct Bitcoin investments and investments in Bitcoin futures contracts. Another option is the WisdomTree Bitcoin ETF, which seeks to track the price performance of Bitcoin by investing in Bitcoin futures contracts traded on regulated futures exchanges. Both of these ETFs are available to investors in global markets and can be a convenient way to gain exposure to Bitcoin.
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• Dec 28, 2021 · 3 years ago
  Yes, there are global market ETFs that track the performance of Bitcoin. One notable example is the BYDFi Bitcoin ETF, which is designed to provide investors with exposure to the price of Bitcoin. It tracks the performance of Bitcoin by investing in a portfolio of Bitcoin futures contracts traded on major exchanges. The BYDFi Bitcoin ETF offers a convenient way for investors to gain exposure to Bitcoin without the need to directly own and store the cryptocurrency. It is available to investors in global markets and can be traded like any other ETF.
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