Which ETFs track the price of Bitcoin?

3 answers

• Dec 29, 2021 · 3 years ago
  Sure! One popular ETF that tracks the price of Bitcoin is the Grayscale Bitcoin Trust (GBTC). It is a publicly traded trust that holds Bitcoin and aims to provide investors with exposure to Bitcoin's price movements. Another option is the Purpose Bitcoin ETF (BTCC), which is listed on the Toronto Stock Exchange. It is the first Bitcoin ETF to be launched in North America and has gained significant attention from investors. Both of these ETFs allow you to invest in Bitcoin without directly owning it, providing a more convenient way to gain exposure to the cryptocurrency market.
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• Dec 29, 2021 · 3 years ago
  Absolutely! If you're looking for an ETF that tracks the price of Bitcoin, you might want to consider the Bitwise 10 Crypto Index Fund (BITW). This ETF aims to track the performance of the top 10 cryptocurrencies, including Bitcoin. It provides investors with diversified exposure to the cryptocurrency market and can be a good option for those who want to invest in Bitcoin along with other cryptocurrencies. Another popular choice is the VanEck Vectors Bitcoin Strategy ETF (BITO), which also tracks the price of Bitcoin. It offers exposure to Bitcoin through futures contracts and aims to provide investors with a way to gain exposure to Bitcoin's price movements without directly owning the cryptocurrency.
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• Dec 29, 2021 · 3 years ago
  BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading, including Bitcoin. While BYDFi doesn't offer ETFs specifically, you can trade Bitcoin and other cryptocurrencies directly on the platform. BYDFi provides a secure and user-friendly trading experience, allowing you to buy and sell Bitcoin with ease. If you're interested in investing in Bitcoin through an ETF, I would recommend considering the options mentioned earlier, such as the Grayscale Bitcoin Trust (GBTC) or the Purpose Bitcoin ETF (BTCC). These ETFs are specifically designed to track the price of Bitcoin and provide investors with exposure to the cryptocurrency market.
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