Crypto exchange-traded funds/notes/products are perfect for investors looking for a familiar entry point into bitcoins and popular altcoins.
This guide will introduce you to the latest crypto ETFs that allow you to invest in bitcoin/altcoins directly without a bitcoin wallet or crypto exchanges.
List of Crypto ETFs/ETNs/ETPs
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The majority of crypto ETF/ETN/ETPs are traded on established European exchanges like the XETRA in Germany, SIX Swiss Exchange in Switzerland, Euronext Paris in France, and Euronext Amsterdam in the Netherlands. They are all funds 100% backed by bitcoin, ether, or other altcoins held in professional “cold storage” and mirroring the performance of major crypto indexes.
This list does NOT include ETFs that provide indirect exposure to bitcoin/altcoins through equities connected to the cryptocurrencies by way of technology or business models.
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We selected the top-ranked crypto ETFs based on their age, YoY performance, and comparison of their Total Expense Ratios (TER). The majority of the top crypto ETFs are backed by either bitcoin or Ethereum, which is not surprising since they are the dominant cryptos with an established base and high visibility.
However, newer crypto ETFs backed by altcoins like Cardano, Tezos, and Polkadot are already arriving on the scene. Given the increased risk attached to smaller altcoins given their relative obscurity, and the lack of any ETF performance figures for comparison, we have opted not to consider them in our review process at present.
As the scene matures and altcoin-based ETFs accumulate reliable growth and performance data we will update the ratings to include them. All the same, if you are new to the crypto ETFs market, it might be better to stick with Bitcoin and Ethereum-based instruments for the foreseeable future.
Related Articles:
- Bitcoin Investing 101: What is Bitcoin? How Does it Work? How Can You Invest in It?
- Blockchain Investing 101: How to Build Long-Term Wealth in the Digital Asset Markets
- DeFi Investing 101: What Is It? Where Do You Start? What Are the Risks?
To learn more about the basics of investing in bitcoin ETFs, check out our in-depth guide on the process here. And if you find the information provided here helpful, please consider subscribing to the Bitcoin Market Journal for daily blockchain market updates.
