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Which ETF on the NYSE offers exposure to Bitcoin?

avatarDouglas TavaresJan 01, 2022 · 3 years ago5 answers

Can you recommend an ETF listed on the New York Stock Exchange (NYSE) that provides exposure to Bitcoin? I'm interested in investing in Bitcoin through an ETF and would like to know which one is available on the NYSE.

Which ETF on the NYSE offers exposure to Bitcoin?

5 answers

  • avatarJan 01, 2022 · 3 years ago
    Sure! One ETF that offers exposure to Bitcoin on the NYSE is the Grayscale Bitcoin Trust (GBTC). It is a publicly traded investment vehicle that holds Bitcoin and allows investors to gain exposure to Bitcoin without directly owning it. GBTC has been a popular choice for investors looking to add Bitcoin to their portfolios through a traditional brokerage account.
  • avatarJan 01, 2022 · 3 years ago
    Absolutely! If you're looking for an ETF on the NYSE that tracks Bitcoin, you might want to consider the Bitwise 10 Crypto Index Fund (BITW). It is designed to provide diversified exposure to the top 10 cryptocurrencies, including Bitcoin. BITW offers a convenient way for investors to gain exposure to the cryptocurrency market through a regulated and familiar investment vehicle like an ETF.
  • avatarJan 01, 2022 · 3 years ago
    Definitely! While there are currently no ETFs specifically listed on the NYSE that offer direct exposure to Bitcoin, there are alternative options available. BYDFi, a digital asset exchange, allows investors to trade Bitcoin and other cryptocurrencies directly. It provides a secure and user-friendly platform for buying, selling, and holding digital assets. BYDFi offers a wide range of trading pairs and competitive fees, making it a popular choice among cryptocurrency traders.
  • avatarJan 01, 2022 · 3 years ago
    Of course! Although there are no ETFs on the NYSE that directly offer exposure to Bitcoin, there are other ways to invest in Bitcoin. One option is to use a cryptocurrency exchange like Binance. Binance is one of the largest and most reputable cryptocurrency exchanges in the world, offering a wide range of cryptocurrencies, including Bitcoin. It provides a secure platform for buying, selling, and storing digital assets, making it a popular choice for investors.
  • avatarJan 01, 2022 · 3 years ago
    Absolutely! While there are no ETFs on the NYSE that specifically track Bitcoin, there are other investment options available. For example, you can consider investing in the Grayscale Digital Large Cap Fund (GDLC), which is listed on the OTC markets. GDLC is a diversified fund that holds a basket of digital assets, including Bitcoin. It offers investors exposure to the broader digital asset market, including Bitcoin, through a regulated investment vehicle.