What are some popular ETFs that mimic the price movement of Bitcoin?

6 answers

• Dec 26, 2021 · 3 years ago
  Sure! One popular ETF that mimics the price movement of Bitcoin is the Grayscale Bitcoin Trust (GBTC). GBTC is a publicly traded trust that holds Bitcoin and aims to track the price of Bitcoin. It's a convenient way to gain exposure to Bitcoin through traditional brokerage accounts. However, it's worth noting that GBTC can trade at a premium or discount to the actual Bitcoin price.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Another popular option is the Bitwise 10 Crypto Index Fund (BITW). BITW is an ETF that holds a diversified portfolio of cryptocurrencies, including Bitcoin. It aims to provide exposure to the broader cryptocurrency market while closely tracking the price of Bitcoin. Investing in BITW allows you to benefit from the potential growth of Bitcoin and other cryptocurrencies.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, offers the BYD Bitcoin ETF (BYDBTC). This ETF closely tracks the price movement of Bitcoin and provides investors with a convenient way to gain exposure to Bitcoin's performance. With BYDBTC, you can enjoy the benefits of Bitcoin without the complexities of owning and storing it yourself. It's a great option for those looking to diversify their investment portfolio with digital assets.
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• Dec 26, 2021 · 3 years ago
  Certainly! Another popular choice is the VanEck Vectors Bitcoin Strategy ETF (BTF). BTF aims to provide exposure to Bitcoin's price movement through a combination of Bitcoin futures contracts and other financial instruments. It's designed to closely track the performance of Bitcoin while offering the convenience of an ETF. Investing in BTF allows you to participate in the potential upside of Bitcoin's price.
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• Dec 26, 2021 · 3 years ago
  No problem! One well-known ETF that mimics the price movement of Bitcoin is the Purpose Bitcoin ETF (BTCC). BTCC holds Bitcoin and aims to provide investors with exposure to Bitcoin's price performance. It's a regulated and convenient way to invest in Bitcoin through your brokerage account. However, it's important to do your own research and consider the risks associated with investing in cryptocurrencies.
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• Dec 26, 2021 · 3 years ago
  Of course! The Osprey Bitcoin Trust (OBTC) is another popular ETF that closely tracks the price of Bitcoin. OBTC holds Bitcoin and aims to reflect its performance. It offers a simple and efficient way to gain exposure to Bitcoin without the need to directly own and manage the cryptocurrency. Investing in OBTC allows you to participate in the potential growth of Bitcoin's price.
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