5 Best Crypto ETFs RIght Now • [List & Prices] • Benzinga

Want to jump straight to the best ETF broker? Check out Interactive Brokers. Since the insertion of Bitcoin in 2009, the cryptocurrency marketplace has been growing steadily across the ball. Cryptocurrency is a wholly digital asset that can be exchanged between people from anywhere in the world and at any time .
There are more than 1,000 cryptocurrencies that have emerged such as Ethereum, Uniswap and Aave. If investing in these digital assets individually is challenging for you, you can invest in exchange-traded funds ( ETFs ), or crypto ETFs. Cryptocurrency ETFs consist of a gamut of companies that develop technologies for enabling cryptocurrency trade .
ETFs are fiscal products that track an underlie asset or index. Investing in ETFs can be more desirable for passive investors who do not have the time to constantly monitor the price of cryptocurrencies. Since you need to sign up for a digital wallet and a crypto rally to trade cryptocurrencies, putting your money behind crypto ETFs can be faster and safer for new investors.

Take a look at why investing in a cryptocurrency ETF can be profitable for your portfolio .

Crypto ETFs Biggest Gainers and Losers

here ’ s a quick search at the crypto ETFs with the biggest price movements on the market .

Why Invest in Crypto ETFs?

For newfangled investors, cryptocurrency ETFs can offer a few clear-cut advantages compared to immediately investing in cryptocurrency .

Crypto ETFs are passively managed. 

Blockchain and crypto-focused ETFs are professionally managed by fund managers. The crypto commercialize is highly fickle and can be a hazardous investment. person cryptocurrencies such as Bitcoin and Dogecoin can be heavily to track without the mighty tools and trade platform .
Crypto ETFs are by and large backed by multiple companies involved in blockchain technologies. The fundamental assets of cryptocurrency-based ETFs provide a range of companies to buy and hold with a single craft. The low price of a cryptocurrency ETF gives you the benefit of holding respective profitable companies in your portfolio at once. It can prove to be a better investing option for tracking and trading individual cryptocurrencies on the digital markets .

ETFs provide instant diversification.

In most cases, ETFs hold assets in multiple companies or commodities. Crypto ETFs can have more than a twelve companies from different asset classes as its fundamental assets. These ETFs can provide your portfolio with clamant diversification. Make certain you go through all of the listed companies before investing in crypto-based ETFs .

Cryptocurrency ETFs are more secure. 

Cryptocurrency owners are prone to cyber attacks. You might have to invest in hardware wallets to store your public and secret keys for protecting your digital assets from cyber threats. Unlike cryptocurrency, crypto ETFs give you a more plug and dependable investment alternative to deal crypto .

Crypto ETFs are tax-efficient. 

Although billions of dollars worth of cryptocurrencies are traded on the digital market every day, they are distillery decentralized and widely unregulated. Crypto ETFs, on the other hand, are listed on major stock exchanges such as Nasdaq and the NYSE, making them more regulate than many altcoins and decentralized applications built on the blockchain .
Most pension funds and tax havens do not allow the steer buy of Bitcoin. however, crypto-focused ETFs are regulated by authority bodies such as the U.S. Securities and Exchange Commission ( SEC ) and the Financial Industry Regulatory Authority ( FINRA ) .

ETFs trading in cryptocurrency offer a safer bet than crypto itself. 

price movements of cryptocurrencies such as Ethereum and Litecoin can be hard to predict. The rapid fluctuations in the price of cryptocurrencies may not fit the trade style of low-risk profile traders. Crypto ETFs are relatively less hazardous to invest in and may provide better returns in the long-run .
While you credibly won ’ thyroxine find the astronomic returns found in cryptos like Shiba Inu and Dogecoin, you ’ re hush exposed to a high gear growth industry. Since these ETFs are vetted by regulators and managed by institutions, you ’ ll be able to gain exposure to cryptocurrency without needing to take on extreme amounts of risk .

6 Cryptocurency ETFs Rated by AUM

Consider investing in these top crypto-based ETFs available on the grocery store .

Amplify Transformational Data Sharing ETF (NYSEARCA: BLOK)

Amplify Transformational Data Sharing ETF has been on the market since 2018. Unlike most ETFs, this ETF does not track an index. It has holdings in respective companies that are involved with the development and deployment of blockchain technologies. These companies include Silvergate Capital Corp. ( SI ), MicroStrategy Incorporated ( MSTR ) and HIVE Blockchain Technologies ( HIVE ) .
This ETF has an expense proportion of 0.70 % and has assets under management ( AUM ) of $ 365 million. It has a 52-week broken of $ 12.79 and a 52-week high of $ 36.69. Amplify Transformational Data Sharing ETF has senior high school liquidity and trades more than 270,526 shares per day. It has an annual dividend concede of $ 0.66 per contribution. This ETF has a 1-year render rate of over 90 % .

diachronic operation of Amplify Transformational Data Sharing ETF over the last year

Reality Shares Nasdaq NexGen Economy ETF (NASDAQ: BLCN)

Reality Shares Nasdaq NexGen Economy ETF has been open to trade since 2018. It tracks the Reality Shares Nasdaq Blockchain Economy Index and has holdings in 73 companies. These companies include Galaxy Digital Holdings Ltd. ( GLXY ), Baidu, Inc. ( BIDU ) and Micron Technologies ( MU ) .
This ETF has an expense ratio of 0.68 % and has an AUM of $ 188 million. It has a 52-week low of $ 17.55 and a 52-week high of $ 41.68. reality Shares Nasdaq NexGen Economy ETF has an annual dividend output of $ 0.31 per plowshare. It trades more than 69,473 shares per day. This ETF has a 1-year return rate of 58.66 % .

historical performance of Reality Shares NASDAQ NexGen Economy ETF over the final year

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ: LEGR) 

first Trust Indxx Innovative Transaction & Process ETF has been listed on the stock exchange since 2018. It tracks the Indxx Blockchain Index and has holdings in 100 companies. These companies include Baidu, Inc. ( BIDU ), Micron Technologies ( MU ) and Advanced Micro Devices ( AMD ) .
This ETF has an expense ratio of 0.65 % and has an AUM of $ 54.4 million. It has a 52-week low of $ 18.85 and a 52-week high of $ 38.09. first Trust Indxx Innovative Transaction & Process ETF has an annual dividend yield of $ 0.36 per plowshare. It trades more than 3,527 shares per day. This ETF has a 1-year return rate of 17.90 % .

diachronic performance of First Trust Indxx Innovative Transaction & Process ETF over the last year

Purpose Bitcoin ETF (TSX: BTTC)

Purpose Bitcoin ETF, the world ’ sulfur foremost bitcoin ETF, kicked off with more than $ 590 million in assets under management after launching in February 2020. The ETF carries a management tip of 1 % .
BTTC immediately purchases bitcoin and holds it in cold repositing without the gamble of trade at big premiums to the value of the ETF ’ s underlying bitcoin holdings. This approach allows you to gain more aim exposure without buying and selling crypto immediately through a wallet on an change like Coinbase .
refer contentedness : Best Utilities ETFs Right now

Innovation Shares NextGen Protocol ETF (NYSEARCA: KOIN) 

Innovation Shares NextGen Protocol ETF has been afford to trade since 2018. It tracks the Innovation Labs Blockchain Innovators Index and has holdings in 45 companies. These companies include Microsoft Corporation ( MSFT ), NVIDIA Corporation ( NVDA ) and Visa Inc. ( V ) .
This ETF has an expense proportion of 0.95 % and has an AUM of $ 20.6 million. It has a 52-week low of $ 20.54 and a 52-week high of $ 38.34. Innovation Shares NextGen Protocol ETF has an annual dividend render of $ 0.15 per share. It trades more than 19,404 shares per day. This ETF has a 1-year return rate of 30.85 % .

Grayscale Bitcoin Trust (OTCQX: GBTC)

The Grayscale Bitcoin Trust sits at $ 27.8B AUM as of October 2021. The trust is available by course catalog merely, opening sporadically to accept new support. additionally, Grayscale has committed to converting the fund into an ETF. If you wish to avail yourself of this future cryptocurrency ETF, Vanguard and similar investment firms can help you gain access when the fund is available. Reach out to a broker who can contact you when they know GBTC is taking on more investors .
Since its origin in 2013, the trust has become a popular put for large banks and investment firms to increase their exposure on the crypto market. recently, Morgan Stanley bought $ 240M in shares of GBTC, becoming the second-largest stockholder after ARK Invest .

Best Online Brokers for Crypto-Centric ETFs

You can buy and sell shares of a cryptocurrency ETF with an on-line agent. Most on-line brokers let you trade stocks and ETFs commission-free. You might be required to maintain a minimum balance to open an report on these trade platforms .
on-line brokers let you easily manage your portfolio. It besides provides plenty of advanced tools and educational resources to improve your deal tactics .
here ’ s a summation of the best on-line brokers to help you get started .

TD Ameritrade

Best For
Options trading
overall Rating





Read Review

get started

securely through TD Ameritrade ’ s web site
More Details

Best For
Options trade

N/A
1 Minute Review
This publicly listed deduction agent, which is in being for over four decades, is service-intensive, offering intuitive and herculean investment tools. specially, with equity endow, a flat fee is charged, with the firm claiming that it charges no deal minimal, no data fees, and no chopine fees. Though it is pricier than many other rebate brokers, what tilts the scales in its privilege is its all-around serve offerings and the quality and value it offers its clients .
Best For

  • Novice investors
  • Retirement savers
  • Day traders

Pros

  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options

Cons

  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates

Webull

Best For
average Traders and Investors
overall Rating





Read Review

get started

securely through Webull ’ s web site
More Details

Best For
intermediate Traders and Investors

N/A
1 Minute Review
Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock certificate and exchange-traded fund ( ETF ) trade. It ’ mho regulated by the Securities and Exchange Commission ( SEC ) and the Financial Industry Regulatory Authority ( FINRA ) .
Webull offers active traders technical indicators, economic calendars, ratings from research agencies, gross profit deal and short-selling. Webull ’ s trading chopine is designed for intermediate and experienced traders, although beginning traders can besides benefit .
Webull is wide considered one of the best Robinhood alternatives .
Best For

  • Active traders
  • Intermediate traders
  • Advanced traders

Pros

  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Intuitive trading platform with technical and fundamental analysis tools

Cons

  • Does not support trading in mutual funds, bonds or OTC stocks

Robinhood

Best For
Beginners

overall Rating





Read Review

get started

securely through Robinhood ’ s web site
More Details

Best For
Beginners

N/A
1 Minute Review
Robinhood is a broker designed for traders who want a elementary and easy-to-use platform. It takes out all the bells and whistles that can be confusing to the modern day trader, serving as the perfect topographic point for beginners to learn the markets. The interface is intuitive and easy to master, streamlined to ensure you don ’ t catch distracted as you build a portfolio. Though advance traders might like more exhaustive analysis tools, Robinhood gives you everything you need to start trade and learn the ropes .
Best For

  • Beginner traders
  • Mobile traders

Pros

  • Streamlined, easy-to-understand interface
  • Mobile app with full capabilities
  • Can buy and sell cryptocurrency

Cons

  • Fewer analysis tools than most
  • Only taxable, non-retirement accounts are available

Interactive Broker

Best For
Stocks & ETFs
overall Rating





Read Review

get started

securely through Interactive Broker ’ s web site
More Details

Best For
Stocks & ETFs

N/A
1 Minute Review
synergistic Brokers is a comprehensive trade platform that gives you entree to a massive roll of securities at low-cost prices. You can buy assets from all around the world from the comfort of your home or function with access to over 135 ball-shaped markets. Options, futures, forex and fund trade are besides available, and most traders won ’ thymine pay a commission on any purchase or sale .
IBKR is geared primarily toward have traders and investors but immediately with the handiness of free trades with IBKR Lite, casual traders can besides acclimate to IBKR ’ mho offerings .
Best For

  • Access to international markets
  • Active traders
  • Sophisticated investors
  • Detailed mobile app that makes trading simple
  • Wide range of available account types and tradeable assets

Pros

  • IB SmartRouting provides significant price improvement vs. industry
  • Fractional trading allows investing regardless of share price
  • Industry’s lowest margin rates
  • Earn more by lending your fuly-paid shares

Cons

  • Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources

public.com

Best For
trade Ideas
overall Rating





Read Review

get started

securely through public.com ’ s web site
More Details

Best For
trading Ideas

N/A
1 Minute Review
Public.com is an investing platform that helps people become well investors. Members can build a diverse portfolio of stocks, ETFs, and crypto within a single platform. possession unlocks an have of content and education, contextual to their portfolio, created by an over million strong community of investors, creators, and analysts .
Public puts investors first and doesn ’ metric ton sell trades to market makers or take money from Payment for Order Flow ( PFOF ) .
Best For

  • New investors looking to learn how to invest
  • Experienced investors looking to grow even further
  • Building a modern portfolio of stocks, ETFs, and crypto on one platform

Pros

  • Fractional shares and crypto
  • Transparency all around, from public portfolios to company beliefs
  • Supportive, educational community

Cons

  • No investing tools like futures, options, or margins
  • Day-trading is discouraged
  • Mobile app-based platform

TradeStation

Best For
Futures Trading
overall Rating





Read Review

get started

securely through TradeStation ’ s web site
More Details

Best For
Futures Trading

N/A
1 Minute Review
TradeStation is for progress traders who need a comprehensive chopine. The brokerage offers an impressive roll of investable assets as frequent and professional traders appreciate its wide range of analysis tools. TradeStation ’ sulfur app is besides equally effective, offering full chopine capabilities .
Best For

  • Advanced traders
  • Options and futures traders
  • Active stock traders

Pros

  • Comprehensive trading platform and professional-grade tools
  • Wide range of tradable securities
  • Fully-operational mobile app

Cons

  • Confusing pricing structure to leave new traders with a weak understanding of what they pay
  • Cluttered layout to make navigating TradeStation’s platform more difficult than it should be

Crypto ETFs Offer Less Risk and More Rewards

As a leave of increasing regulations imposed on cryptocurrency, crypto-based ETFs were introduced to the marketplace. The price movements of leading cryptocurrencies such as Bitcoin can be irregular and your digital assets may not entirely be safe from cyber attacks.

Crypto ETFs let you manage your assets at your convenience. Cryptocurrency ETFs besides allow you to diversify your holdings with limited capital. It has helped fuel the increase of digital currencies without having to trade crypto directly .
relate contented : Best Utilities ETFs Right nowadays

Leave a Comment

Your email address will not be published.