Advice

Crypto Currency ETF’s, Why Can’t You Find One?

The short answer is that the United States Government will not allow Exchange Traded Funds that invest their assets in crypto currency.  The reason why the Government wants to keep the average person from becoming a millionaire is a debate for another time and place.  What you need to know now is that due to the vast interest in crypto currencies there has been a push to get ETF’s listed on the New York Stock Exchange.  As a result you do have a few ETF’s that invest in stocks, such as Square (SQ) or Overstock (OSTK), which have some exposure to the crypto currency markets.

Obviously these types of ETF’s are not what you are searching for.  You are looking for a fund that is directly invested in crypto currencies such as Bitcoin (BTC), Litecoin (LTC) or Ripple (XRP).  A fund that is diversified in many different coins will allow you to take advantage of the enormous returns we have experienced over the past two years, while being protected from the huge losses we have also seen in individual coins.

While you can NOT buy directly in to an ETF from you standard brokerage account,  you CAN find what you are looking for.  The best way for you to do this is by finding a crypto currency investment club and joining it.  These types of funds typically cater to investors with $100 to $25,000.  Making them the perfect place for the average person to get exposure to this very lucrative asset class.

Click here to join a club today.

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