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What are the best fidelity free trade etf options for investing in cryptocurrency?

avatarcamelCasedDec 27, 2021 · 3 years ago1 answers

I'm looking for the best fidelity free trade ETF options to invest in cryptocurrency. Can you recommend any specific ETFs that are suitable for investing in digital currencies? I want to make sure I choose the right ETFs that offer exposure to the cryptocurrency market while also considering factors like fees, liquidity, and performance. Any suggestions?

What are the best fidelity free trade etf options for investing in cryptocurrency?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that fidelity free trade ETF options for investing in cryptocurrency are a great way to gain exposure to the digital asset market. One option you might want to consider is the Grayscale Litecoin Trust (LTCN), which holds Litecoin and allows investors to gain exposure to this popular cryptocurrency. Another option is the Bitwise Crypto Innovators ETF (BITQ), which invests in companies involved in the cryptocurrency and blockchain industry. This ETF provides exposure to both established players and up-and-coming innovators in the space. Lastly, the Invesco Galaxy Crypto Economy ETF (GCX) focuses on companies involved in the cryptocurrency ecosystem. These ETFs offer a convenient way to invest in cryptocurrency without the need to directly hold and manage digital assets. Remember to always do your own research and consult with a financial advisor before making any investment decisions.