What is the Betashares Crypto Innovators ETF?
The Betashares Crypto ETF tracks the performance of a basket of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin. The fund provides exposure to the burgeoning cryptocurrency market, without the need for investors to purchase and manage individual coins. It is good way for those looking for exposure to the cryptocurrency market. The fund invests in a range of smaller, innovative cryptocurrencies and blockchain-related companies.
How to invest in Betashares Crypto ETF
In this guide, we show Australian investors how to buy the Betashares Crypto ETF on Commsec. The whole process will take around 5 minutes to complete. There are no sign up fees to join Commsec and the process is simple. Follow the below guide to get started.
- Download the Commsec app and sign up (if you haven't already).
- Go to the 'Watch' tab and search for 'CRYP'
- Press Buy and fill in the details
- Select 'Receive Order' and you're done!
Are Crypto ETFs a Good Investment?
Yes, crypto ETFs can be a good investment. They offer a way to invest in cryptocurrency without having to purchase and hold the digital asset. Crypto ETFs track the performance of a specific cryptocurrency or basket of cryptocurrencies and provide investors with broad exposure to the underlying asset class without having to pick individual winners.
Investing in a crypto ETF also allows investors to gain exposure to the cryptocurrency market without having to deal with the challenges of storing and securing digital assets. Crypto ETFs are traded on major exchanges and can be bought and sold through traditional brokerage accounts.
Betashares Crypto ETF price
Below you can find the live price of the Betashares Crypto Innovators ETF in Australian dollars.