Investing in Crypto ETFs: A Guide to the 7 Best Options for 2024

Introduction

The approval of bitcoin ETFs has opened up the world of cryptocurrency investing to many investors who otherwise may not have considered it. Given how rapidly the blockchain space is evolving, choosing a blockchain ETF for your portfolio could be the best possible choice for investing.

The 7 Best Crypto ETFs to Invest in for 2024

Here are the 7 best crypto ETFs to invest in for 2024, with our top three picks being the Blackrock Bitcoin Trust (IBIT), the Valkyrie Bitcoin Strategy ETF (BTF), and the ProShares Bitcoin Strategy ETF (BITO).

1. Blackrock Bitcoin Trust (IBIT)

The Blackrock Bitcoin Trust is the first bitcoin ETF to be approved by the U.S. Securities and Exchange Commission (SEC). It offers investors a convenient way to gain exposure to bitcoin without having to buy and store the cryptocurrency themselves.

2. Valkyrie Bitcoin Strategy ETF (BTF)

The Valkyrie Bitcoin Strategy ETF is another popular bitcoin ETF that offers investors a low-cost way to gain exposure to bitcoin. It is actively managed, which means that the fund manager can adjust the portfolio's holdings in response to market conditions.

3. ProShares Bitcoin Strategy ETF (BITO)

The ProShares Bitcoin Strategy ETF is a third bitcoin ETF that offers investors a convenient way to gain exposure to bitcoin. It is also actively managed, and the fund manager can adjust the portfolio's holdings in response to market conditions.

4. Grayscale Bitcoin Trust (GBTC)

The Grayscale Bitcoin Trust is a closed-end investment trust that offers investors a way to gain exposure to bitcoin. It is not an ETF, but it is a popular option for investors who want to gain exposure to bitcoin without having to buy and store the cryptocurrency themselves.

5. Osprey Bitcoin Trust (OBTC)

The Osprey Bitcoin Trust is a closed-end investment trust that offers investors a way to gain exposure to bitcoin. It is also not an ETF, but it is a popular option for investors who want to gain exposure to bitcoin without having to buy and store the cryptocurrency themselves.

6. Purpose Bitcoin ETF (BTCC)

The Purpose Bitcoin ETF is a Canadian-based bitcoin ETF that offers investors a way to gain exposure to bitcoin. It is the first bitcoin ETF to be approved in Canada.

7. Evolve Bitcoin ETF (EBIT)

The Evolve Bitcoin ETF is another Canadian-based bitcoin ETF that offers investors a way to gain exposure to bitcoin. It is the second bitcoin ETF to be approved in Canada.