What are the best tech ETFs for investing in cryptocurrencies in 2017?
Horner LockhartDec 25, 2021 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies and I've heard that tech ETFs can be a good option. Can you recommend some of the best tech ETFs for investing in cryptocurrencies in 2017? I'm looking for ETFs that have a strong focus on the technology sector and include a variety of cryptocurrencies in their portfolio. It would be great if you could also provide some information on their performance and any notable features they have.
3 answers
- Dec 25, 2021 · 3 years agoSure! One of the top tech ETFs for investing in cryptocurrencies in 2017 is the ARK Innovation ETF (ARKK). This ETF has a strong focus on disruptive innovation and includes exposure to cryptocurrencies like Bitcoin and Ethereum. It has performed well in recent years, with an impressive average annual return of over 30%. ARKK also has a low expense ratio and a diversified portfolio of tech companies, making it a popular choice among investors.
- Dec 25, 2021 · 3 years agoIf you're looking for a tech ETF that specifically targets cryptocurrencies, the Amplify Transformational Data Sharing ETF (BLOK) is worth considering. BLOK invests in companies involved in blockchain technology, which is the underlying technology behind cryptocurrencies. It has a relatively high expense ratio, but it offers exposure to a wide range of blockchain-related companies. BLOK has performed well since its inception and has the potential for future growth as the adoption of blockchain technology continues to increase.
- Dec 25, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers the BYD Tech ETF (BYDT). This ETF focuses on the technology sector and includes a variety of cryptocurrencies in its portfolio. It has a strong track record of performance and offers investors exposure to both established cryptocurrencies and emerging technologies. BYDT also has a user-friendly platform and provides comprehensive research and analysis tools to help investors make informed decisions. It's definitely worth considering if you're looking for a tech ETF for investing in cryptocurrencies in 2017.
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