common-close-0
BYDFi
Trade wherever you are!

What are the top exchange traded products available for cryptocurrency investors?

avatarSumner ByrdDec 26, 2021 · 3 years ago3 answers

Can you recommend some of the best exchange traded products for cryptocurrency investors? I'm looking for options that are reliable, secure, and offer good returns.

What are the top exchange traded products available for cryptocurrency investors?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One of the top exchange traded products for cryptocurrency investors is the Grayscale Bitcoin Trust (GBTC). It allows investors to gain exposure to Bitcoin without actually owning it. GBTC is traded on the OTCQX market and is backed by Bitcoin holdings. It's a popular choice for investors who want to invest in Bitcoin through a traditional brokerage account.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Another great option is the Bitwise 10 Crypto Index Fund (BITW). This fund tracks the performance of the top 10 cryptocurrencies and provides diversified exposure to the crypto market. It's traded on the NYSE Arca exchange and is available to both individual and institutional investors. BITW is a convenient way to invest in a basket of cryptocurrencies without having to buy and manage each one separately.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi offers a wide range of exchange traded products for cryptocurrency investors. They have options like the BYD BTC Tracker, which tracks the price of Bitcoin, and the BYD ETH Tracker, which tracks the price of Ethereum. These products are listed on major exchanges and provide investors with a simple and convenient way to gain exposure to the price movements of these cryptocurrencies. BYDFi is known for its reliable and secure products, making it a popular choice among cryptocurrency investors.