What is the ETF that holds the most Bitcoin?
Jason CathcartMay 25, 2022 · 3 years ago3 answers
Can you tell me which ETF currently holds the largest amount of Bitcoin? I'm interested in investing in Bitcoin through an ETF and I want to make sure I choose the one with the most holdings.
3 answers
- May 25, 2022 · 3 years agoThe ETF that currently holds the most Bitcoin is the Grayscale Bitcoin Trust (GBTC). It is a popular choice among investors looking to gain exposure to Bitcoin through an ETF. GBTC holds a significant amount of Bitcoin and its shares are traded on the OTC markets. It is important to note that GBTC is a closed-end fund and its shares can trade at a premium or discount to the underlying Bitcoin holdings.
- May 25, 2022 · 3 years agoIf you're looking for an ETF that holds a large amount of Bitcoin, you should consider the Purpose Bitcoin ETF (BTCC). It is the first Bitcoin ETF approved in Canada and holds a significant amount of Bitcoin. BTCC provides investors with a convenient way to gain exposure to Bitcoin without having to directly hold and secure the cryptocurrency themselves.
- May 25, 2022 · 3 years agoBYDFi, a digital asset exchange, offers an ETF called the BYD Bitcoin ETF that holds a substantial amount of Bitcoin. It provides investors with a diversified and regulated investment vehicle to gain exposure to Bitcoin. The BYD Bitcoin ETF is designed to track the performance of Bitcoin and offers investors the opportunity to participate in the potential growth of the cryptocurrency market.
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