{"id":68498,"date":"2023-05-12T14:21:41","date_gmt":"2023-05-12T14:21:41","guid":{"rendered":"https:\/\/www.techopedia.com\/?page_id=68498"},"modified":"2024-04-05T19:37:40","modified_gmt":"2024-04-05T19:37:40","slug":"7-best-crypto-etfs-to-invest-in-cur_year","status":"publish","type":"page","link":"https:\/\/www.techopedia.com\/cryptocurrency\/best-crypto-etfs","title":{"rendered":"7 Best Crypto ETFs to Invest in 2024"},"content":{"rendered":"

ETFs (exchange-traded funds) are typically the top choice of many investors as they offer highly diversified exposure to the stock market. Crypto<\/span> ETFs<\/span> do the same for the world of cryptocurrencies. <\/span><\/p>\n

In this article, we wanted to explain what a crypto ETF is, how this type of investment security works, and what the leading ETFs for cryptocurrencies are. Check our list for a glance at the <\/span>best blockchain ETFs<\/span>, but read the detailed reviews to find the one that suits your needs the most. <\/span><\/p>\n

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7 Best Cryptocurrency ETFs to Invest in<\/span><\/h2>\n

When looking for <\/span>crypto ETFs<\/span>, you must look into their quality, reputation, the coins they follow, the changes in historical price charts, and much more. To make things easier, we’ve found the right crypto ETF for a specific situation and type of investor. <\/span><\/p>\n

We’ve carefully reviewed every <\/span>ETF for crypto<\/span> so you know what to expect from each one. Before we get into their reviews, here’s our top 7 <\/span>crypto ETF list<\/span>:<\/span><\/p>\n

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  1. Bitcoin ETF Token<\/strong><\/a> — <\/span> Best alternative to crypto ETFs. The Bitcoin ETF Token is designed to reward holders based on market events like the potential spot Bitcoin ETF approval by the SEC.<\/li>\n
  2. <\/b>ProShares Bitcoin Strategy ETF (BITO)<\/b> — Top choice for investors looking for direct exposure to Bitcoin. Besides being the oldest <\/span>crypto index ETF<\/span>, it regularly trades BTC futures to follow the coin’s performance. <\/span><\/li>\n
  3. Fidelity Advantage Bitcoin ETF (FBTC)<\/b> — Easy option for anyone looking to invest in BTC but doesn’t want to do it directly by creating accounts on an exchange and getting a wallet. <\/span><\/li>\n
  4. ARK Fintech Innovation ETF (ARKF)<\/b> — Leading choice for investors interested in putting funds in the Fintech sphere. The security looks for long-term capital growth through diversified investments in the financial sector.<\/span><\/li>\n
  5. Bitwise Crypto Industry Innovators ETF<\/b> (BITQ)<\/b> — Fund primarily made for passive investors. It tracks the Bitwise Crypto Innovators 30 Index, consisting of the leading crypto and blockchain companies. <\/span><\/li>\n
  6. Valkyrie Bitcoin Miners ETF (WGMI)<\/b> — Best choice for investing in companies that get most of their revenues from Bitcoin mining. The fund doesn’t keep cryptos but common stocks and ADRs. <\/span><\/li>\n
  7. First Trust Indxx Innovative Transaction & Process ETF (LEGR)<\/b> — Highly diversified Irish fund investing in cryptocurrency, international, technology, and banking stocks. <\/span><\/li>\n<\/ol>\n

    The list doesn’t contain an <\/span>Ally crypto ETF<\/span> or a <\/span>Vanguard cryptocurrency ETF<\/span>, but the ones we cover have some of the highest returns and the most favorable terms. <\/span><\/p>\n<\/div><\/div>\n

    Best Performing Blockchain ETFs Reviewed<\/span><\/h2>\n

    Now that you’ve seen a quick intro to our <\/span>top crypto ETFs<\/span>, it’s time to dig deeper into each one. We’ll explore which assets they cover and present their price charts and goals. This information will help you choose the one most suits your needs.<\/span><\/p>\n

    You won’t find a <\/span>Vanguard crypto ETF<\/span> or an <\/span>Ally crypto ETF<\/span> on our list, as these companies either don’t have crypto ETFs (Vanguard) or don’t have ones that offer enough benefits and high-enough returns (Ally). <\/span><\/p>\n

    Bear in mind that every <\/span>crypto ETF<\/span> is a serious investment, requiring you to put in a sizable amount to get adequate returns. And since the cryptocurrency space is inherently highly volatile, it’s crucial to analyze the ETF thoroughly before buying in, just as you would <\/span>cryptocurrencies with the most growth potential<\/span><\/a>. <\/span><\/p>\n

    You can always start with smaller investments by considering <\/span>cryptocurrency ETF stock<\/span> alternatives, like the number one pick on our list. <\/span><\/p>\n

    1. Crypto Presales — <\/b>Best Crypto ETF<\/b> Alternatives With Higher Potential Yields<\/b><\/h3>\n

    Our number one pick is not a <\/span>crypto ETF<\/span> but a crypto presale. More specifically, the Bitcoin ETF Token<\/a>.<\/span><\/p>\n

    But what are crypto presales, and what makes them the best alternative if you’re looking to invest in <\/span>crypto ETFs<\/span>?<\/span><\/p>\n

    Cryptocurrency presales are early sales of novel coins and tokens from projects yet to begin their journey in the niche. Many crypto project founders offer their tokens in a presale to raise funds for further development, garner attention to the project, and more. <\/span><\/p>\n

    What’s beneficial to you and other potential investors is that these presales offer tokens at a discount. So, you’re likely to make a profit by the time the project launches and the tokens become available for free trading on exchanges. <\/span><\/p>\n

    The <\/span>best crypto presales<\/span><\/a>, like the Bitcoin ETF Token, which we’ll cover below, make their presales last for a few months, and separate them in stages. Each stage raises the token’s price by a small amount, eventually reaching a much higher valuation on the launch date. In many cases, if you join in the first stage, you’re set to get a fixed profit of around 30%. <\/span><\/p>\n

    No <\/span>crypto ETF<\/span> can offer such yields, at least not fixed. They often provide decent gains over a longer period, but a crypto presale is undoubtedly better if you’re up for taking some risk. Plus, you don’t have to spend as much as on an ETF and you get to earn more tokens by staking them. <\/span><\/p>\n

    Once the presale phase ends and the token launches, you can sell your assets, or better yet, keep most of them and wait for the value to rise even further. Many investors have made a fortune doing this, like this <\/span>Pepecoin trader who made millions from a $263 investment<\/span><\/a>. <\/span><\/p>\n

    Naturally, you can never be sure this will pan out for you, as many cryptos go bust relatively early. It’s thus essential to pick tokens that have better chances of going to the moon. You need to choose projects that have exciting and unique functions that solve problems no other blockchain initiatives have tackled in the past. <\/span><\/p>\n

    We are confident that Bitcoin ETF Token is one such token.<\/span><\/p>\n

    Bitcoin ETF Token ($BTCETF) — Latest Presale Crypto With Generous Staking Yields Of Over 10,000% In The Early Phase<\/b><\/h4>\n

    Bitcoin ETF Token<\/a> is a brand new ERC20 token presale, meaning it works on the Ethereum blockchain, designed to reward holders based on market events that surround the Bitcoin spot ETF approval. It also offers a massive staking APY of over 10,000% during the early stages of the presale. This means you get to earn more tokens as a reward for locking them up for a certain period of time.<\/p>\n

    Buy $BTCETF tokens in the presale by connecting your Ethereum-based crypto wallet like MetaMask. You need ETH, USDT or a card to make the purchase.<\/p>\n

    \"Bitcoin<\/p>\n

    Similar to other presales, the Bitcoin ETF Token comes with 10 presale stages. Every stage offers 84 million tokens with a price that  gradually increases with each stage. That’s why the highest rewards go to those who buy during the early stages.<\/p>\n

    For example, in the first presale stage of $BTCETF, you can buy tokens at a price of $0.0050. In the final stage, the token price goes to $0.0068. That’s a 36% increase from first to last stage. Moreover,  when tokens launch on an exchange, they typically list at a higher price than the presale price, thus increasing potential rewards.<\/p>\n

    Regardless of which presale stage you decide to join, the generous staking APY of over 10,000% can help you maximize your gains. This won’t last, though. As more people buy and stake their tokens, the APY will drop, which is why getting in early could be the most lucrative option.<\/span><\/p>\n

    \"Bitcoin<\/p>\n

    The maximum supply of the $BTCETF tokens is 2.1 billion. Of those, 840 million are dedicated for the token presale, 525 million for the staking rewards and 210 million for the liquidity pools.<\/p>\n

    The remaining 525 million tokens are going to be burned as each milestone is reached around the Bitcoin spot ETF approval.<\/p>\n

    Token burn mechanics lower the supply, which is likely to positively affects the token price. The token burn starts with a 5% burn tax on every transaction. This will drop to 0% as each milestone is reached. Every milestone will result with the burning of 5% of the total supply. This includes events, such as:<\/p>\n