Cryptocurrencies are types of digital currencies, alternative currencies and virtual currencies designed to work as a medium of exchange. A cryptocurrency ETF would allow investors to access the cryptomarket with their brokerage accounts. In January 2018, the Securities Exchange Commission turned down plans to set up exchange-traded funds for bitcoin and other cryptocurrencies, stating there were too many unanswered questions to allow for cryptocurrency ETFs without creating excessive risk for investors.
With 4 ETFs traded on the U.S. markets, Cryptocurrency ETFs have total assets under management of $60.51M. The average expense ratio is 0.80%. Cryptocurrency ETFs can be found in the following asset classes:
- Asset Allocation
The largest Cryptocurrency ETF is the Valkyrie Bitcoin Strategy ETF BTF with $35.02M in assets. In the last trailing year, the best-performing Cryptocurrency ETF was BITS at --. The most recent ETF launched in the Cryptocurrency space was the Global X Blockchain and Bitcoin Strategy ETF BITS on 11/15/21.