What are the best managed futures ETFs for investing in cryptocurrencies?
Iván SánchezJan 14, 2022 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies through managed futures ETFs. Can you recommend some of the best options available? I'm looking for ETFs that offer exposure to cryptocurrencies while also being professionally managed. What are the top choices in this category?
3 answers
- Jan 14, 2022 · 3 years agoOne of the top choices for investing in cryptocurrencies through managed futures ETFs is the Grayscale Bitcoin Trust (GBTC). GBTC is a professionally managed investment vehicle that holds Bitcoin and offers exposure to its price movements. It allows investors to gain exposure to Bitcoin without having to directly own or store the cryptocurrency. GBTC is traded on the OTCQX market and is available to both institutional and individual investors. With its strong track record and high liquidity, GBTC is a popular choice among investors looking for managed futures ETFs for cryptocurrencies.
- Jan 14, 2022 · 3 years agoWhen it comes to managed futures ETFs for investing in cryptocurrencies, another option to consider is the Bitwise 10 Crypto Index Fund (BITW). BITW is designed to track the performance of the Bitwise 10 Large Cap Crypto Index, which includes the ten largest cryptocurrencies by market capitalization. The fund is professionally managed and offers investors diversified exposure to the cryptocurrency market. BITW is traded on the NYSE Arca exchange and is available to both individual and institutional investors. It provides a convenient way to invest in a basket of cryptocurrencies through a single ETF.
- Jan 14, 2022 · 3 years agoBYDFi, a leading digital asset exchange, offers a range of managed futures ETFs for investing in cryptocurrencies. Their ETFs are professionally managed and provide exposure to a variety of cryptocurrencies, including Bitcoin, Ethereum, and other major altcoins. BYDFi's ETFs are designed to track the performance of specific cryptocurrency indices and offer investors a convenient way to gain exposure to the crypto market. With their user-friendly platform and competitive fees, BYDFi is a popular choice among investors looking to invest in cryptocurrencies through managed futures ETFs.
Related Tags
Hot Questions
- 97
Are there any special tax rules for crypto investors?
- 92
What are the advantages of using cryptocurrency for online transactions?
- 90
What are the best practices for reporting cryptocurrency on my taxes?
- 83
How can I protect my digital assets from hackers?
- 57
How can I minimize my tax liability when dealing with cryptocurrencies?
- 29
How can I buy Bitcoin with a credit card?
- 26
What are the best digital currencies to invest in right now?
- 18
How does cryptocurrency affect my tax return?