What are the best buy and hold ETFs for cryptocurrency investors?
ParasDec 27, 2021 · 3 years ago3 answers
As a cryptocurrency investor, I'm interested in finding the best buy and hold ETFs for my portfolio. Can you recommend some top-performing ETFs that are suitable for long-term investment? I'm looking for ETFs that provide exposure to a diversified range of cryptocurrencies and have a track record of consistent returns. What are some options that I should consider?
3 answers
- Dec 27, 2021 · 3 years agoCertainly! When it comes to buy and hold ETFs for cryptocurrency investors, there are a few options worth considering. One popular choice is the Grayscale Bitcoin Trust (GBTC), which provides exposure to Bitcoin and has a long history of performance. Another option is the Bitwise 10 Crypto Index Fund (BITW), which offers diversified exposure to the top cryptocurrencies. Additionally, the VanEck Vectors Digital Transformation ETF (DAPP) focuses on companies involved in the digital asset ecosystem. These ETFs can be suitable for long-term investors looking to gain exposure to the cryptocurrency market.
- Dec 27, 2021 · 3 years agoIf you're looking for a more actively managed ETF, the ARK Next Generation Internet ETF (ARKW) could be a good option. While not solely focused on cryptocurrencies, this ETF invests in companies that are expected to benefit from disruptive innovation, including blockchain technology. It provides exposure to both established and emerging companies in the digital space. Keep in mind that active management comes with higher fees, but it can also offer the potential for higher returns.
- Dec 27, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers its own buy and hold ETF called the BYDFi Crypto Index Fund. This ETF provides exposure to a diversified portfolio of cryptocurrencies and is designed for long-term investors. It aims to track the performance of the overall cryptocurrency market and offers a convenient way to gain exposure to multiple cryptocurrencies in a single investment. Consider BYDFi Crypto Index Fund if you're looking for a comprehensive and hassle-free way to invest in cryptocurrencies.
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