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What are the best ETFs on ASX for investing in cryptocurrencies?

avatarKalibertyDec 29, 2021 · 3 years ago3 answers

I am looking for the best ETFs on ASX (Australian Securities Exchange) to invest in cryptocurrencies. Can you recommend some top-performing ETFs that focus on cryptocurrencies? I want to diversify my portfolio and gain exposure to the cryptocurrency market through ETFs. What are the options available on ASX?

What are the best ETFs on ASX for investing in cryptocurrencies?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! Investing in ETFs can be a great way to gain exposure to the cryptocurrency market. One popular option on ASX is the BetaShares Bitcoin ETF (ASX: BTC). This ETF aims to track the performance of Bitcoin by investing in Bitcoin futures contracts. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. These ETFs can be a convenient and regulated way to invest in cryptocurrencies on ASX.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to investing in cryptocurrencies through ETFs on ASX, there are a few options to consider. One of the top-performing ETFs is the BetaShares Bitcoin ETF (ASX: BTC), which aims to track the performance of Bitcoin. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. These ETFs offer investors a way to gain exposure to the cryptocurrency market without directly holding cryptocurrencies themselves.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers a range of ETFs on ASX for investing in cryptocurrencies. One of the top-performing ETFs is the BYDFi Crypto ETF (ASX: BYD), which tracks the performance of a basket of cryptocurrencies. This ETF provides investors with a convenient and regulated way to invest in cryptocurrencies on ASX. With BYDFi Crypto ETF, investors can gain exposure to the cryptocurrency market while diversifying their portfolio.