Here are 10 Bitcoin ETFs and crypto funds you should know about:
Grayscale Bitcoin Investment Trust (GBTC)
The Grayscale Bitcoin Investment Trust is one of the most popular Bitcoin ETFs on the market. It was founded in 2013 and held over $2 billion in assets. The trust is sponsored by Digital Currency Group, one of the largest investors in the cryptocurrency space.
Bitwise HOLD 10 Cryptocurrency Index Fund (BITW)
The Bitwise HOLD 10 Cryptocurrency Index Fund is another popular option. This fund is an index of the world’s top 10 cryptocurrencies. Furthermore, it is one of the only funds available to United States investors that offers exposure to coins like Monero (MXR) and NEO (NEO).
The ICONOMI Digital Assets Management Platform (ICN)
The ICONOMI Digital Assets Management Platform manages three different types of digital assets: currencies, equities, and commodities. ETFs represent all three on the platform. Currently, there are five separate funds managed by the creators of this platform: BLX (basket), CLO (real estate), CMT (commodity), INDEX (INDEX), and ICN (blue chip).
The Crypto Company (CRCW)
The Crypto Company is publicly-traded in the digital currency space. Based out of Los Angeles, California, this corporation has over $100 million invested in cryptocurrency mining equipment. It also manages several investment funds designed to track specific cryptocurrencies. For example, there is a fund that tracks Ethereum Classic (ETC), one that follows Ripple (XRP), and another that focuses on ZCash (ZEC). There are four separate funds in total.
Our research revealed an interesting statistic: based on Google search volume, interest in CRCW spiked 364% in mid-December 2017 before dropping off dramatically after December 22nd, when Bitcoin Cash surged past its price at the time of this writing.
The Crypto Fund AG (CHF)
The Crypto Fund AG is a Swiss-based digital asset management company. It offers products that focus on different aspects of the cryptocurrency market. These include funds that invest in Bitcoin, Ethereum, and other top cryptocurrencies. The company also offers a product that invests in blockchain companies.
Coinbase Index Fund (GBTC)
The Coinbase Index Fund is one of the most popular options for US investors. This fund tracks the performance of all assets listed on Coinbase’s exchange, GDAX. In this writing, those assets include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
BitShares AssetExchange (BTS)
BitShares Asset Exchange is a decentralised exchange that allows users to trade various digital assets. This platform offers a wide range of investment products, including funds that track the performance of specific cryptocurrencies. For example, a fund focuses on Bitcoin, one that invests in Ethereum, and another that specialises in Ripple.
The VanEck Vectors Bitcoin Strategy ETF (Bitcoin)
The VanEck Vectors Bitcoin Strategy ETF is the first ETF to offer investors exposure to bitcoin futures contracts. It does this by investing in companies involved in the mining, production, or storage of bitcoin. The fund has over $137 million in assets under management.
The Reality Shares Nasdaq NextGen Economy ETF (BLCN)
The Reality Shares Nasdaq NextGen Economic ETF is designed to offer cutting-edge companies in the blockchain space. Companies are chosen based on their involvement in the cryptocurrency market, not simply because they have a presence in technology. The fund has over $67 million invested in digital currencies and the businesses that interact with them.
The Amplify Transformational Data Sharing ETF (BLOK)
The Amplify Transformational Data Sharing ETF focuses on blockchain technology. It includes cryptocurrencies like Bitcoin and ICOs, enterprise solutions, cloud computing, and other disruptive technologies related to this emerging field. The fund was launched by ARK Invest back in February 2017 under the symbol BLOK. It has since amassed over $236 million in assets, making it one of the most significant blockchain-focused funds available to investors.
These are just a few of the many Bitcoin ETFs and crypto funds that investors should know. By doing their research and understanding the underlying strategies of these products, they can make more informed decisions about how to allocate their portfolio.