Investing in crypto ETFs // The Motley Fool Australia
What are crypto ETFs?
They are a type of exchange-traded fund (ETF) that invests in cryptocurrencies or companies operating in the crypto sector. Funds that invest directly in cryptocurrencies may invest exclusively in just one token (like Bitcoin or Ethereum) or buy a basket of digital tokens instead.
Crypto ETFs can provide investors a low-cost way to gain exposure to cryptos and the crypto industry. And outsourcing investment decision-making to a fund manager massively reduces the time investors need to devote to researching cryptos.
This gives ETFs a clear advantage over direct crypto investment, especially considering how opaque and volatile the crypto space can be.
But this doesn’t mean crypto ETFs don’t also come with…
