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Which ASX ETFs offer exposure to cryptocurrencies?

Meredith GallowayMay 05, 2022 · 3 years ago3 answers

Can you provide a list of ASX ETFs that provide exposure to cryptocurrencies? I'm interested in investing in the Australian stock market and want to include cryptocurrencies in my portfolio.

3 answers

  • May 05, 2022 · 3 years ago
    Sure! There are a few ASX ETFs that offer exposure to cryptocurrencies. One popular option is the BetaShares Bitcoin ETF (ASX: BTC). This ETF tracks the performance of Bitcoin and allows investors to gain exposure to the cryptocurrency without directly owning it. Another option is the VanEck Vectors Digital Assets ETF (ASX: DAA), which provides exposure to a diversified portfolio of digital assets, including cryptocurrencies. Both of these ETFs can be traded on the ASX like any other stock.
  • May 05, 2022 · 3 years ago
    Yes, there are ASX ETFs that offer exposure to cryptocurrencies. One example is the ASX: BTC ETF, which tracks the price of Bitcoin. This allows investors to indirectly invest in Bitcoin through the ETF. Another option is the ASX: DAA ETF, which invests in a basket of digital assets, including cryptocurrencies. These ETFs provide a convenient way for Australian investors to gain exposure to the cryptocurrency market without the need to directly buy and store cryptocurrencies themselves.
  • May 05, 2022 · 3 years ago
    Absolutely! If you're looking for ASX ETFs that offer exposure to cryptocurrencies, you might want to consider the BetaShares Bitcoin ETF (ASX: BTC) and the VanEck Vectors Digital Assets ETF (ASX: DAA). The BetaShares Bitcoin ETF tracks the price of Bitcoin and aims to provide investors with a return that corresponds to the performance of Bitcoin. The VanEck Vectors Digital Assets ETF, on the other hand, invests in a diversified portfolio of digital assets, including cryptocurrencies. Both of these ETFs can be traded on the ASX, making it easy for Australian investors to include cryptocurrencies in their portfolios.