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Topic: List of Bitcoin ETFs (Read 898 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
February 27, 2016, 05:31:34 PM
#4
Ark Invest has an ETF with some Bitcoin exposure, but I think it's only 0.5% and the rest is general tech related investment. Their exposure is through GBTC but it's an official ETF. Boy, that sounds convoluted.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
February 25, 2016, 08:51:10 PM
#3
an ETN is less safe than an ETF.  you see an ETN is a note, which means it is debt issued by the company, so if they go bankrupt, bad things happen to your investment.  The etf, is a fund, so if they go bankrupt you are supposed to get the underlying securities in there.  Usually if its traded on a big marketplace like the NYSE its all good, but do your research Smiley
sr. member
Activity: 323
Merit: 250
February 25, 2016, 05:50:35 PM
#2
The Swedish ETN you are refering to is this:
http://www.nasdaqomxnordic.com/etp/etn/etninfo?Instrument=SSE109538

It is actually quite close to ETFs.
It is a ETN (exchange traded note) rather than the ETF (exchange traded fund), because of the requirement for the sufficient diversification of the ETF - ETF couldn't invest only in bitcoin.

Greyscale's bitcoin investment trust is not an ETF, either - it is a OTC-listed share of the company that invests in bitcoins.

May I ask what advantages do you see in investing in the bitcoin ETF, rather than investing directly in bitcoin ?
tyz
legendary
Activity: 3360
Merit: 1533
February 23, 2016, 12:40:00 PM
#1
I am considering to buy some shares that are Bitcoin related on stock market. I read about that in the meanwhile there has been released several Bitcoin-related stock products. I found an ETN by a Swedish company but what is much different from a classic exchange traded fund.
I also found that there is an ETF from Grayscale.
Do anyone could share experience with BTC ETFs? And is there a list of recommendable Bitcoin ETFs?
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