BTC

Here Are Five ETFs with Exposure to Bitcoin

by BSCN

February 7, 2023

Let's take a look at five different ways to diversify your portfolio and get exposure to Bitcoin in a regulated environment.

Exposure to Bitcoin in traditional markets is a great way to diversify portfolio investments and bring the big potential of Bitcoin to your portfolio within a regulated environment.

There are a growing number of ways to invest in Bitcoin in the traditional markets and in this article, we will take a quick look at five different investment opportunities available.

Let’s take a look!

Five Bitcoin-Related ETFs

Grayscale Bitcoin Trust (GBTC):

The Grayscale Bitcoin Trust is one of the first Bitcoin ETFs available to US investors. It provides exposure to Bitcoin through a publicly traded trust. However, it is also known for its premium pricing, which can make it more expensive than other Bitcoin investment options, and this pricing has also led to some controversies.

GBTC recently traded at $11.80 USD.

Where to find Grayscale:

Website | Twitter | LinkedIn | Bitcoin Trust |

Purpose Bitcoin ETF (BTCC):

BTCC is a Canadian ETF that provides exposure to Bitcoin through a passively managed portfolio of the cryptocurrency. The team at Purpose Investments brings investors a low-cost and efficient vehicle to invest in Bitcoin. Purpose is a technology-driven firm that always aims to change and meet the status quo.

BTCC recently traded at $4.49 CAD.

Where to find Purpose Investments:

Website | Twitter | LinkedIn |

Evolve Bitcoin ETF (EBIT):

The second Canadian ETF on the list is from Evolve. The team at Evolve supports investors with exposure to the price movements of the cryptocurrency and also offers liquidity and transparency through a regulated company.

EBIT.TO recently traded at $11.53 CAD.

Where to find Evolve ETFs:

Website | Twitter | LinkedIn |

First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT):

The First Trust SkyBridge Crypto Industry and Digital Economy ETF is an investment fund from the team at First Trust Portfolio with the objective to provide investors with capital appreciation. The Fund pursues its investment strategy primarily by investing in Bitcoin futures and has exposure to companies like Microstrategy and Coinbase.

CRPT recently traded at $4.98 USD.

Where to find First Trust Portfolios:

Website | Twitter | LinkedIn |

3iQ Bitcoin ETF (QBTC):

This is another Canadian-listed ETF with exposure to Bitcoin that invests directly in cryptocurrencies. 3iQ aims to provide investors with simple and efficient ways to invest in Bitcoin while maintaining all the benefits of a regulated environment. 3iQ also offers several other ETFs related to digital assets like Ethereum and more general funds.

QBTC.TO recently traded at $31.59 CAD.