What are crypto ETFs?

We get crypto ETFs. Crypto ETFs allow investors to gain exposure to cryptocurrencies without actually owning the digital asset. Essentially, they track the performance of cryptocurrencies, such as Bitcoin or Ethereum, and mirror the assets’ price movements.

What is a single-asset crypto ETF?

Single-asset crypto ETFs focus on one type of cryptocurrency, such as Bitcoin or Ethereum. These ETFs provide direct and concentrated exposure to the price movements of a specific digital asset, making them suitable for investors with a firm belief in the future performance of that particular cryptocurrency.

What are the benefits of a cryptocurrency ETF?

Among the benefits of ETFs are low cost of ownership, diversification, and outsourcing of knowledge- and time-intensive functions related to picking crypto tokens. The first cryptocurrency ETF started trading in October 2021: the ProShares Bitcoin Strategy ETF.

Should you invest in a Bitcoin or crypto ETF?

In short, a Bitcoin or crypto ETF will enable mainstream retail investors to put their money into a regulatory compliant asset that represents Bitcoin or other crypto assets. This removes the need to physically own or manage crypto, which can get very tricky even for experienced users, due to the plethora of hacks and scams out there.