Are there any iShares industry ETFs that specifically focus on cryptocurrency companies?
aluApr 30, 2022 · 3 years ago3 answers
I'm interested in investing in cryptocurrency companies through ETFs. Are there any iShares industry ETFs that specifically focus on cryptocurrency companies? I want to diversify my portfolio and take advantage of the potential growth in the cryptocurrency industry.
3 answers
- Apr 30, 2022 · 3 years agoYes, there are iShares industry ETFs that specifically focus on cryptocurrency companies. One example is the iShares Blockchain ETF (BLOK), which invests in companies involved in blockchain technology, including cryptocurrency-related businesses. This ETF provides exposure to the cryptocurrency industry while diversifying your investments across multiple companies.
- Apr 30, 2022 · 3 years agoDefinitely! iShares offers several industry ETFs that include cryptocurrency companies in their portfolios. These ETFs provide a convenient way to invest in the cryptocurrency industry without having to pick individual stocks. Some other iShares industry ETFs that have exposure to cryptocurrency companies include the iShares Fintech ETF (FINX) and the iShares Exponential Technologies ETF (XT).
- Apr 30, 2022 · 3 years agoYes, there are iShares industry ETFs that focus on cryptocurrency companies. One notable example is the iShares Digitalisation UCITS ETF (DGTL), which includes companies involved in digitalization, including cryptocurrency-related businesses. This ETF aims to capture the potential growth of the digitalization trend, including cryptocurrencies and blockchain technology. Please note that investing in ETFs involves risks, and it's important to do your own research and consult with a financial advisor before making any investment decisions.
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