What is the first ETF to be listed on NYSE that focuses on digital currencies?
Jeevana SrinivasanDec 29, 2021 · 3 years ago3 answers
Can you tell me which ETF was the first to be listed on NYSE and specifically focuses on digital currencies? I'm interested in investing in digital currencies and would like to know more about this particular ETF.
3 answers
- Dec 29, 2021 · 3 years agoSure! The first ETF to be listed on NYSE that focuses on digital currencies is the Bitwise 10 Crypto Index Fund (BITW). It was listed on NYSE Arca on December 9, 2020. This ETF provides exposure to the top 10 cryptocurrencies by market capitalization, including Bitcoin, Ethereum, and others. It's a great option for investors looking to diversify their portfolio with digital currencies.
- Dec 29, 2021 · 3 years agoAbsolutely! The first ETF that focuses on digital currencies and is listed on NYSE is the Bitwise 10 Crypto Index Fund (BITW). It offers investors exposure to a diversified portfolio of digital currencies, including Bitcoin, Ethereum, and other major cryptocurrencies. This ETF provides a convenient way for investors to gain exposure to the growing digital currency market through a regulated and familiar investment vehicle like an ETF.
- Dec 29, 2021 · 3 years agoYes, the first ETF to be listed on NYSE that focuses on digital currencies is the Bitwise 10 Crypto Index Fund (BITW). It was listed on NYSE Arca on December 9, 2020. This ETF aims to track the performance of the Bitwise 10 Large Cap Crypto Index, which includes the top 10 cryptocurrencies. It's worth noting that this ETF is managed by Bitwise Asset Management, a leading provider of cryptocurrency index funds.
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