What are the best digital currency investment options similar to ProShares Managed Futures Strategy ETF?

I'm looking for digital currency investment options that are similar to ProShares Managed Futures Strategy ETF. Can you recommend some options that provide similar benefits and returns?

3 answers
- Sure! If you're looking for digital currency investment options similar to ProShares Managed Futures Strategy ETF, you might consider investing in cryptocurrency index funds. These funds track the performance of a specific index, such as the top 10 or 20 cryptocurrencies, and provide diversification and exposure to the overall cryptocurrency market. Some popular cryptocurrency index funds include Bitwise 10 Crypto Index Fund and Grayscale Digital Large Cap Fund. These funds aim to provide similar benefits and returns as ProShares Managed Futures Strategy ETF, but with a focus on digital currencies.
Mar 22, 2022 · 3 years ago
- Absolutely! Another option similar to ProShares Managed Futures Strategy ETF is investing in cryptocurrency exchange-traded products (ETPs). These ETPs are listed on traditional stock exchanges and provide investors with exposure to digital currencies without directly owning them. Examples of cryptocurrency ETPs include Bitcoin Tracker One and Ethereum Tracker One. By investing in these ETPs, you can potentially benefit from the price movements of digital currencies without the need to manage wallets or deal with the technical aspects of owning cryptocurrencies.
Mar 22, 2022 · 3 years ago
- BYDFi, a digital currency exchange, offers a range of investment options similar to ProShares Managed Futures Strategy ETF. They provide a user-friendly platform for trading digital currencies and offer various investment products, including margin trading, futures contracts, and options. BYDFi aims to provide a secure and reliable trading experience for both beginners and experienced traders. If you're interested in exploring digital currency investment options, BYDFi could be a good choice to consider.
Mar 22, 2022 · 3 years ago
Related Tags
Hot Questions
- 98
How can I minimize my tax liability when dealing with cryptocurrencies?
- 86
How does cryptocurrency affect my tax return?
- 83
What are the advantages of using cryptocurrency for online transactions?
- 80
How can I buy Bitcoin with a credit card?
- 53
How can I protect my digital assets from hackers?
- 49
Are there any special tax rules for crypto investors?
- 41
What is the future of blockchain technology?
- 40
What are the tax implications of using cryptocurrency?