BTF - Top 5 Crypto-Focused ETFs (SA Quant)
2024-06-11 07:00:00 ET
Summary
- Bitcoin is up ~170%, Ether ~+100%, and Solana over 930% over the last year, and the number of worldwide crypto users is projected to reach 992.50M by 2028.
- Cryptocurrency ETFs offer exposure by investing directly in the assets and/or companies involved in the digital economy.
- 5 crypto-focused ETFs, +240% on average in 1Y, offer exposure to several digital assets and firms involved in the digital economy for investors with an appetite for risk.
Crypto Investing
Cryptocurrencies have exploded in the past year, with Bitcoin ( BTC-USD ) up ~170%, Ethereum ( ETH-USD ) ~+100%, and Solana ( SOL-USD ) more than 930%. Digital assets are progressing on the regulatory fronts and have even become hotter topics, particularly in the wake of Robinhood’s $200M acquisition of Bitstamp . Bitstamp is a small crypto exchange competitor behind Binance and Coinbase Global ( COIN )....
Top 5 Crypto-Focused ETFs (SA Quant)