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Which digital currency ETFs provide exposure to a diversified portfolio of cryptocurrencies?

avatarBeefree SDKDec 26, 2021 · 3 years ago3 answers

Can you recommend any digital currency ETFs that offer exposure to a diversified portfolio of cryptocurrencies?

Which digital currency ETFs provide exposure to a diversified portfolio of cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One digital currency ETF that provides exposure to a diversified portfolio of cryptocurrencies is the Grayscale Digital Large Cap Fund (GDLC). This fund holds a basket of major cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. By investing in GDLC, you can gain exposure to multiple cryptocurrencies without having to buy and manage them individually. It's a convenient way to diversify your digital currency investments. 👍
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Another option is the Bitwise 10 Crypto Index Fund (BITW). This ETF tracks an index that includes a diversified portfolio of the top 10 cryptocurrencies by market capitalization. By investing in BITW, you can gain exposure to a broad range of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and more. It's a great choice for investors looking for diversified exposure to the digital currency market. 😊
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several digital currency ETFs that provide exposure to a diversified portfolio of cryptocurrencies. One popular option is the BYDFi Digital Currency ETF (BYD). This ETF offers a diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, and other major coins. With BYD, you can easily invest in a basket of digital currencies and benefit from their potential growth. It's a convenient way to gain exposure to the digital currency market. 🚀