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What are the best commission-free ETFs for investing in cryptocurrencies on Fidelity?

avatarSukrit DobhalDec 27, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrencies through Fidelity, but I want to find the best commission-free ETFs. Can you recommend any ETFs that are available on Fidelity and allow me to invest in cryptocurrencies without paying any commission fees?

What are the best commission-free ETFs for investing in cryptocurrencies on Fidelity?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One of the best commission-free ETFs for investing in cryptocurrencies on Fidelity is the Grayscale Bitcoin Trust (GBTC). GBTC is a popular choice among investors as it provides exposure to Bitcoin without the need to directly hold or manage the cryptocurrency. It's important to note that GBTC is a trust, not an ETF, but it functions similarly and can be traded on Fidelity commission-free. Another option is the Bitwise 10 Crypto Index Fund (BITW), which tracks the performance of the top 10 cryptocurrencies. This ETF is also available on Fidelity and offers commission-free trading. Both GBTC and BITW can be great choices for investors looking to gain exposure to cryptocurrencies through Fidelity without paying any commission fees.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for commission-free ETFs for investing in cryptocurrencies on Fidelity, you should consider the Grayscale Ethereum Trust (ETHE). ETHE is another trust that provides exposure to Ethereum and can be traded on Fidelity without any commission fees. Additionally, the Osprey Bitcoin Trust (OBTC) is another option to consider. It's a relatively new trust that aims to provide investors with exposure to Bitcoin. Both ETHE and OBTC can be great choices for investors who want to invest in cryptocurrencies through Fidelity without incurring any commission fees.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular digital asset exchange that offers a wide range of commission-free ETFs for investing in cryptocurrencies. They have a variety of options available, including ETFs that track the performance of Bitcoin, Ethereum, and other major cryptocurrencies. BYDFi is known for its user-friendly interface and competitive pricing. If you're looking for a platform that offers commission-free ETFs for investing in cryptocurrencies, BYDFi is definitely worth considering.