Crypto exchange-traded funds (ETFs) are back. At least that’s what the crypto bulls would like to believe after a blockbuster August for Bitcoin (BTC +3.92%) that saw it rise nearly 25%. As a result, money has started to flow back into the spot Bitcoin ETFs.

And it’s not just Bitcoin. Crypto ETFs for Ethereum, Solana, and XRP have also seen inflows as investor sentiment improves. So, given all these options, which crypto ETF should you be targeting?

Single- or multi-crypto ETF?

If you’re used to investing in traditional ETFs, there’s one important caveat with spot crypto ETFs: Instead of investing in a large basket of diversified cryptos, they typically only invest in a single cryptocurrency. Thus, a spot Bitcoin ETF invests in only…