What are the best fractional shares ETFs for investing in cryptocurrencies?
Rica Mae Dacanay BaliliAug 15, 2022 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies through fractional shares ETFs. Can you recommend some of the best options available? I'm looking for ETFs that offer exposure to a diversified portfolio of cryptocurrencies, while also providing the convenience of fractional shares. What are the top ETFs in this category?
3 answers
- gavs_77Jun 14, 2021 · 4 years agoWhen it comes to investing in cryptocurrencies through fractional shares ETFs, there are a few options that stand out. One popular choice is the Grayscale Bitcoin Trust (GBTC), which offers exposure to Bitcoin through a trust structure. Another option is the Bitwise 10 Crypto Index Fund (BITW), which provides exposure to a diversified portfolio of cryptocurrencies. Both of these ETFs offer the convenience of fractional shares, allowing investors to gain exposure to cryptocurrencies without having to buy whole coins.
- GirishAug 28, 2021 · 4 years agoIf you're looking for a more diversified option, you might consider the Reality Shares Nasdaq NexGen Economy ETF (BLCN). While not exclusively focused on cryptocurrencies, this ETF invests in companies that are involved in blockchain technology, which is the underlying technology behind cryptocurrencies. By investing in BLCN, you can gain exposure to the broader blockchain industry, which includes cryptocurrencies as well.
- MAUI - user123Mar 18, 2022 · 3 years agoBYDFi, a leading digital asset exchange, also offers fractional shares ETFs for investing in cryptocurrencies. Their ETFs provide exposure to a range of cryptocurrencies, allowing investors to diversify their portfolios. With the convenience of fractional shares, investors can easily allocate their funds across different cryptocurrencies without having to buy whole coins. BYDFi's ETFs are designed to provide a convenient and accessible way for investors to participate in the cryptocurrency market.
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