What are the best digital currency ETFs similar to S&P 500 ETF?

3 answers

• Dec 26, 2021 · 3 years ago
  Sure! One popular digital currency ETF that closely resembles the S&P 500 ETF is the Grayscale Digital Large Cap Fund (GDLC). It offers exposure to a diversified portfolio of large-cap digital currencies and aims to track the performance of the S&P Cryptocurrency Large Cap Index. This ETF is a great option for investors who want to participate in the digital currency market while also gaining exposure to the broader stock market through the S&P 500.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Another digital currency ETF worth considering is the Bitwise 10 Crypto Index Fund (BITW). It tracks the Bitwise 10 Large Cap Crypto Index, which includes the top 10 digital currencies by market capitalization. While it doesn't specifically aim to mirror the S&P 500, it provides exposure to a diversified portfolio of digital currencies and can be a good choice for investors looking to diversify their holdings beyond traditional stocks and bonds.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, offers the BYDFi Digital Asset Index (BDI) ETF. This ETF is designed to track the performance of a basket of digital currencies and aims to provide investors with exposure to the digital currency market. It's a great option for those who want to invest in digital currencies similar to the S&P 500 ETF. Please note that investing in digital currencies carries risks, and it's important to do thorough research and consider your risk tolerance before making any investment decisions.
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