The World’s Largest Crypto ETF – Breaking New Grounds in Digital Currency Investments
If you’re a cryptocurrency investor looking to diversify your portfolio, you’ve likely heard of ETFs, or exchange-traded funds. These investment vehicles have gained significant popularity in recent years, offering investors a convenient way to gain exposure to a variety of assets. In the world of digital currencies, some of the biggest players in the market have launched their own ETFs, catering to the growing demand from crypto enthusiasts.
A cryptocurrency ETF is a type of fund that tracks the performance of a specific index or basket of digital currencies. They aim to give investors access to a diverse range of cryptocurrencies, without the need to buy and hold individual coins. These ETFs are traded on traditional exchanges, making them easily accessible to both retail and institutional investors.
One of the largest crypto ETFs available today is the Bitcoin Investment Trust, which is designed to track the price movements of Bitcoin. This ETF allows investors to gain exposure to the world’s most popular cryptocurrency, without the complexities of owning and storing Bitcoin directly. It offers investors a convenient way to invest in Bitcoin through a traditional brokerage account.
Another prominent player in the crypto ETF space is the Ethereum Trust. As the second-largest cryptocurrency by market capitalization, Ethereum has gained significant attention from investors around the world. The Ethereum Trust offers investors exposure to this digital asset, allowing them to participate in the growing Ethereum ecosystem without the need to hold the underlying coins.
With the growing popularity and adoption of digital currencies, it’s no surprise that the crypto ETF market is expanding rapidly. Investors now have a wide range of options to choose from, allowing them to gain exposure to different cryptocurrencies and diversify their portfolios. Whether you’re a seasoned investor or just starting out in the world of cryptocurrencies, these ETFs offer a convenient and accessible way to invest in the future of finance.
The Rise of Exchange-Traded Funds (ETFs)
Exchange-traded funds, or ETFs, have become a popular investment option for cryptocurrency investors. These funds offer a way for individuals to gain exposure to the crypto market without having to buy and store digital assets themselves.
An ETF is a type of investment fund and exchange-traded product, with shares that are listed on a stock exchange. It is designed to track the performance of a specific index, commodity, or asset class, such as cryptocurrencies.
ETFs provide several advantages for crypto investors. First, they offer diversification, as the funds typically hold a basket of different cryptocurrencies. This diversification helps to reduce risk and volatility associated with investing in a single cryptocurrency.
Second, ETFs provide liquidity, as they trade on a stock exchange like any other listed security. This means that investors can easily buy and sell shares of the fund, providing flexibility and convenience.
Another benefit of ETFs is that they provide exposure to the crypto market while avoiding the challenges of storing and securing digital assets. Crypto exchanges and wallets can be vulnerable to hacking and theft, but with an ETF, investors can gain exposure to the market without worrying about these risks.
Furthermore, ETFs offer transparency, as they disclose their holdings and provide regular updates on their performance. This allows investors to make informed decisions based on the fund’s track record and underlying assets.
While ETFs have been popular in traditional markets for years, the rise of crypto-focused ETFs has been relatively recent. As the crypto market continues to mature and gain mainstream acceptance, more ETFs are being launched to cater to the growing demand from investors.
In conclusion, ETFs have seen a rise in popularity among crypto investors due to their diversification, liquidity, convenience, security, and transparency. These funds provide a way for individuals to gain exposure to the crypto market without the need to directly handle digital assets.
Understanding Crypto ETFs
One of the biggest trends in the cryptocurrency market is the rise of crypto ETFs. These funds aim to provide investors with an easy way to gain exposure to the world of cryptocurrencies, without the need to directly buy and store digital assets.
Crypto ETFs work by pooling together investors’ money and then investing it in a diversified portfolio of cryptocurrencies. This allows investors to get exposure to a range of different digital assets, without having to individually research and purchase each one.
These funds are typically traded on traditional stock exchanges, making them easily accessible to a wide range of investors. They often come with built-in custodial services, which provide added security for investors’ funds.
Investing in a crypto ETF can be a good option for both experienced and novice cryptocurrency investors. For experienced investors, it offers a more convenient and efficient way to diversify their portfolio and gain exposure to the broader cryptocurrency market.
Novice investors, on the other hand, can benefit from the expertise and management of professional fund managers, who handle the day-to-day management of the ETF and make decisions on behalf of investors.
However, it’s important to note that crypto ETFs come with their own set of risks. The cryptocurrency market is known for its volatility, and investing in an ETF does not guarantee a return on investment. Investors should carefully consider their risk tolerance and do their own research before investing in any crypto ETF.
Overall, crypto ETFs are a significant development in the cryptocurrency space. They provide investors with a convenient and regulated way to gain exposure to the digital asset market, while also offering potential diversification benefits.
Benefits of Investing in Crypto ETFs
Investing in crypto ETFs, or exchange-traded funds, offers several benefits for cryptocurrency investors.
- Diversification: Crypto ETFs allow investors to gain exposure to a diverse range of cryptocurrencies without the need to directly purchase and manage individual coins. This diversification can help mitigate risk and provide a more balanced portfolio.
- Liquidity: ETFs are traded on traditional stock exchanges, which means they offer high liquidity. This makes it easy for investors to buy and sell shares at any time, providing flexibility and quick access to their investment.
- Access to Professional Management: Crypto ETFs are managed by professional fund managers who have expertise in the cryptocurrency market. This can be particularly beneficial for investors who may not have the time or knowledge to actively manage their own investments.
- Lower Entry Point: Investing in individual cryptocurrencies can require a significant amount of capital. However, with crypto ETFs, investors can gain exposure to multiple cryptocurrencies with a lower entry point. This makes it more accessible for retail investors to participate in the crypto market.
- Regulated and Transparent: Crypto ETFs are typically regulated investment products, providing investors with a higher level of transparency and security compared to investing directly in cryptocurrencies. This can help mitigate concerns around fraud and market manipulation.
Overall, investing in crypto ETFs can be a convenient and efficient way for investors to enter the cryptocurrency market, diversify their portfolio, and benefit from professional management and regulatory oversight.
Top Crypto ETFs by Market Capitalization
As the popularity of cryptocurrencies continues to rise, so does the demand for crypto exchange-traded funds (ETFs). These investment vehicles allow investors to gain exposure to the crypto market without directly owning the underlying digital assets. Here are the top crypto ETFs by market capitalization:
1. Crypto Fund
Crypto Fund is one of the largest crypto ETFs by market capitalization. It offers investors diversified exposure to a range of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. The fund is actively managed and aims to provide long-term capital growth.
2. Digital Asset Fund
The Digital Asset Fund is another prominent crypto ETF that focuses on investing in a diversified portfolio of digital assets. The fund’s objective is to track the performance of the broader crypto market and provide investors with a way to capitalize on the potential growth of cryptocurrencies.
3. Blockchain Opportunities Fund
The Blockchain Opportunities Fund is an ETF that specifically targets companies involved in blockchain technology. It aims to provide investors with exposure to the potential growth of the blockchain industry and the companies driving innovation in this space.
These top crypto ETFs offer investors a way to gain exposure to the crypto market while diversifying their risk. It’s important to research each fund’s investment strategy, fees, and performance history before making any investment decisions.
Performance Analysis of Leading Crypto ETFs
When it comes to investing in cryptocurrencies, one of the most popular options for investors is through exchange-traded funds (ETFs). These funds offer a diversified portfolio of different cryptocurrencies and provide investors with an easy way to gain exposure to the crypto market without having to buy and hold individual coins.
There are several ETFs that focus on cryptocurrencies, but in this article, we will take a look at some of the biggest ones and analyze their performance.
One of the largest crypto ETFs is XYZ Crypto ETF. This fund has consistently delivered impressive returns for investors, with an average annual return of X% over the past five years. XYZ Crypto ETF has a diversified portfolio that includes some of the top cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. The fund’s performance can be attributed to the strong performance of these cryptocurrencies in recent years.
Another leading crypto ETF is ABC Crypto ETF. This fund has also performed well, with an average annual return of Y% over the past five years. ABC Crypto ETF focuses on a different set of cryptocurrencies, including Ripple, Bitcoin Cash, and Cardano. Despite some volatility in the crypto market, ABC Crypto ETF has managed to deliver consistent returns for its investors.
Lastly, we have DEF Crypto ETF, which has consistently outperformed its competitors with an average annual return of Z% over the past five years. This fund focuses on a mix of well-established cryptocurrencies and up-and-coming ones. Its portfolio includes cryptocurrencies like Stellar, NEO, and EOS. DEF Crypto ETF’s strong performance can be attributed to its ability to identify promising cryptocurrencies and capitalize on their growth.
Overall, these leading crypto ETFs have proven to be a viable investment option for cryptocurrency investors. They offer diversification, professional management, and the potential for strong returns. However, it’s important to note that past performance is not indicative of future results, and investors should always do their own research and consider their risk tolerance before investing in any ETF.
Comparing Different Crypto ETF Strategies
When it comes to investing in cryptocurrencies, there are several different strategies that crypto ETFs employ. These strategies determine the composition and performance of the funds, so it’s important for investors to understand the differences between them before making a decision.
Passive vs Active Management
One of the biggest differences between crypto ETFs is whether they are passively or actively managed. Passive ETFs aim to replicate the performance of a specific cryptocurrency index or benchmark, such as the S&P Cryptocurrency Index. These funds typically have lower expense ratios and are a popular choice for investors who want broad exposure to the crypto market without actively buying and selling individual cryptocurrencies.
On the other hand, active ETFs are managed by fund managers who actively make investment decisions based on their analysis and market outlook. These funds may employ various strategies, such as actively managing the portfolio, exiting positions during market downturns, or pursuing specific investment themes. Active management can lead to higher expense ratios but also potentially higher returns.
Diversification and Concentration
Another important factor to consider when comparing different crypto ETFs is the level of diversification or concentration in their portfolios. Some funds may hold a diversified mix of cryptocurrencies, aiming to provide exposure to various sectors and digital assets. These funds can help spread out the risk, as gains in some cryptocurrencies may offset losses in others.
On the other hand, some funds may focus on a specific type of cryptocurrency or sector, such as Bitcoin or decentralized finance (DeFi) tokens. These funds may have a more concentrated portfolio and may be suitable for investors who want to bet on a particular segment of the crypto market.
Performance and Track Record
One of the key factors to consider when comparing different crypto ETFs is their past performance and track record. Investors should analyze the fund’s historical returns, volatility, and any other relevant metrics to get an idea of how the fund has performed in different market conditions.
Additionally, it’s important to consider the fund’s track record in terms of managing risk and navigating volatile market periods. This can give investors confidence in the fund’s ability to weather market downturns and potentially provide consistent returns over the long term.
- Passive vs Active Management
- Diversification and Concentration
- Performance and Track Record
By comparing these different crypto ETF strategies, investors can make more informed decisions about which funds align with their investment goals and risk tolerance. Whether an investor prefers the passive approach of index replication or the active management of a skilled fund manager, there are crypto ETFs available to suit various preferences and investment strategies.
The Role of Regulatory Authorities in Crypto ETFs
In the world of crypto, one of the biggest challenges for investors is navigating the complex and often volatile nature of the market. This is where regulatory authorities play a crucial role in ensuring the stability and integrity of cryptocurrency exchange-traded funds (ETFs).
Regulatory authorities are responsible for overseeing and supervising the operations of crypto ETFs, keeping a close eye on their compliance with applicable laws and regulations. These authorities aim to protect investors by ensuring that crypto ETFs operate in a fair and transparent manner.
One of the key responsibilities of regulatory authorities is to screen the crypto assets that are included in the ETFs. This involves evaluating the risks associated with these assets, as well as assessing their liquidity and market stability. By doing so, regulatory authorities help to protect investors from potential scams or fraudulent activities.
In addition to asset screening, regulatory authorities also monitor the operations and financial health of crypto ETFs. They require these funds to maintain certain minimum capital requirements and to regularly disclose their financial statements. This helps to ensure that investors have access to accurate and up-to-date information about the performance of the ETFs they are invested in.
Furthermore, regulatory authorities have the power to enforce rules and impose penalties on crypto ETFs that fail to comply with the set standards. This can range from issuing fines and sanctions to revoking the fund’s license to operate. By holding crypto ETFs accountable for their actions, regulatory authorities help to maintain trust and confidence in the market.
Overall, the role of regulatory authorities in the world of crypto ETFs is crucial in safeguarding the interests of investors and maintaining the integrity of the market. Through their oversight and supervision, these authorities help to ensure that crypto ETFs operate in a fair and transparent manner, providing investors with a safer and more regulated way to invest in cryptocurrencies.
Evaluating the Risk Factors of Crypto ETFs
Investing in cryptocurrency can be a lucrative venture, but it also comes with its fair share of risks. When it comes to the biggest crypto ETFs, it is important for investors to carefully evaluate the risk factors before making any investment decisions. In this section, we will discuss some of the key risk factors that investors should consider before investing in crypto ETFs.
1. Volatility
One of the biggest risk factors associated with crypto ETFs is the high level of volatility in the cryptocurrency market. Cryptocurrencies are known for their price swings and sudden fluctuations, which can result in significant gains or losses for investors. It is important for investors to be aware of this volatility and understand the potential impact it can have on their investment.
2. Regulatory Environment
Another important risk factor to consider is the regulatory environment surrounding cryptocurrencies. The regulatory landscape for cryptocurrencies is still evolving, and changes in regulations can have a profound impact on the value and accessibility of crypto ETFs. Investors should stay informed about the regulatory developments and assess how changes in regulations may affect their investments.
Overall, investing in crypto ETFs can be a rewarding opportunity, but it is crucial to carefully evaluate the risk factors involved. By understanding the potential volatility and staying informed about the regulatory environment, investors can make more informed investment decisions in the world of cryptocurrencies.
Investing in Crypto ETFs: Tips and Strategies
Investing in ETFs (exchange-traded funds) that track cryptocurrencies can be an effective way for investors to gain exposure to the crypto market. Here are some tips and strategies to consider when investing in crypto ETFs:
Diversify Your Portfolio
One key strategy when investing in crypto ETFs is to diversify your portfolio. By investing in a variety of different cryptocurrency ETFs, you can spread your risk and potentially maximize your returns. Consider investing in ETFs that track different cryptocurrencies or have different investment strategies.
Do Your Research
Before investing in any crypto ETF, it’s important to do thorough research. Understand the underlying assets the ETF tracks and the methodology it uses. Consider factors such as the ETF’s expense ratio, liquidity, and historical performance. Stay updated on the latest news and developments in the cryptocurrency market to make informed investment decisions.
Strong>Monitor Market Trends
Keep a close eye on market trends and the performance of the cryptocurrencies the ETF tracks. Understanding the market sentiment and the factors influencing price movements can help you make better investment decisions. Stay informed about regulatory changes, technological advancements, and any other relevant news that may impact the crypto market.
Consider Long-term Investment
Cryptocurrencies are known for their volatility and price fluctuations. While short-term trading strategies can be profitable, consider a long-term investment approach when investing in crypto ETFs. Ride out the market ups and downs and focus on the long-term potential of cryptocurrencies as a whole.
Remember, investing in crypto ETFs, like any investment, carries risks. It’s important to understand these risks and only invest what you can afford to lose. Consult with a financial advisor if needed. With careful research and a strategic approach, investing in crypto ETFs can be a viable option for cryptocurrency investors seeking diversified exposure to the crypto market.
The Potential Impact of Bitcoin ETF Approvals
Bitcoin has emerged as one of the most popular cryptocurrencies, capturing the attention of both retail and institutional investors. As the crypto market continues to gain mainstream acceptance, the potential approval of Bitcoin exchange-traded funds (ETFs) could have a significant impact.
An ETF is a type of investment fund that is traded on a stock exchange. It allows investors to gain exposure to a specific asset class, such as stocks, bonds, or commodities, without actually owning the underlying assets. ETFs have become increasingly popular due to their liquidity and ability to provide diversified exposure.
The approval of Bitcoin ETFs would allow investors to gain exposure to Bitcoin without having to directly purchase and store the cryptocurrency. This would make it easier for traditional investors to enter the crypto market, potentially attracting significant capital flows.
Furthermore, the approval of Bitcoin ETFs could also lead to increased market transparency and regulation. Currently, the crypto market operates with minimal oversight, which has led to concerns about price manipulation and fraud. However, the introduction of ETFs would require regulatory scrutiny and adherence to strict guidelines, potentially improving the overall integrity of the market.
In addition, the approval of Bitcoin ETFs could also increase institutional adoption of cryptocurrencies. Many institutional investors, such as hedge funds and pension funds, have regulations and policies that restrict them from directly investing in cryptocurrencies. However, the introduction of regulated ETFs could provide a workaround, allowing these institutions to gain exposure to Bitcoin and other cryptocurrencies.
However, there are also potential drawbacks to the approval of Bitcoin ETFs. The increased demand for Bitcoin could lead to price volatility, as seen with other assets that have experienced rapid inflows. Additionally, the regulatory scrutiny and oversight that comes with ETF approval could stifle innovation and hamper the growth of the crypto market.
In conclusion, the approval of Bitcoin ETFs has the potential to significantly impact the crypto market. It could attract traditional investors, increase market transparency, and facilitate institutional adoption. However, it also poses risks such as increased price volatility and regulatory constraints. As the crypto market continues to evolve and mature, the decision on Bitcoin ETF approvals will be closely watched by investors and regulators alike.
Alternative Investment Options for Cryptocurrency Investors
While investing in cryptocurrency exchange-traded funds (ETFs) can be a popular choice for cryptocurrency investors, it’s important to explore other investment options to diversify and maximize returns. Here are some alternative investment options that can complement your cryptocurrency portfolio:
1. Venture Capital Funds
Investing in venture capital funds that focus on blockchain and cryptocurrency startups can provide exposure to early-stage companies with high growth potential. These funds typically target companies with disruptive technologies and innovative business models. Although this investment option can be riskier than ETFs, it offers the possibility of significant returns if you choose the right startups.
2. Blockchain Infrastructure Projects
Investing in blockchain infrastructure projects involves funding the development of blockchain networks, protocols, and decentralized applications (DApps). By supporting the underlying infrastructure of the crypto economy, investors can benefit from the potential growth and adoption of blockchain technology. This investment option allows investors to directly participate in the evolution of the cryptocurrency ecosystem.
3. Crypto Mining Companies
Investing in crypto mining companies provides exposure to the mining process that supports cryptocurrencies. These companies are involved in building and maintaining mining hardware and infrastructure, as well as earning cryptocurrencies through their mining operations. By investing in well-established mining companies, investors can benefit from the growth of the cryptocurrency market without the need for technical expertise in mining.
4. Initial Coin Offerings (ICOs)
Participating in initial coin offerings (ICOs) allows investors to purchase tokens issued by blockchain projects at an early stage. ICOs offer the opportunity to invest in promising projects before they become publicly available or listed on cryptocurrency exchanges. However, investing in ICOs carries higher risks, as many projects fail to deliver on their promises. It’s essential to carefully evaluate the team, value proposition, and roadmap of each project before investing.
While cryptocurrency ETFs continue to be the biggest investment option for cryptocurrency investors, considering these alternative options can provide diversification and potentially higher returns. It’s important to conduct thorough research and due diligence before investing in any alternative investment options.
Best Practices for Choosing a Crypto ETF
When it comes to investing in cryptocurrencies, one of the most popular options is to invest in a crypto ETF. These exchange-traded funds allow investors to gain exposure to various cryptocurrencies without the need to directly purchase and store the underlying assets. However, with so many options available, it can be challenging to choose the right crypto ETF for your investment goals. Here are some best practices to consider when selecting a crypto ETF.
1. Research the ETF’s holdings
Before investing in any crypto ETF, it is crucial to research and understand the fund’s holdings. Look for an ETF that aligns with your investment strategy and risk tolerance. Some crypto ETFs may focus on a specific type of cryptocurrency, while others may provide exposure to a broader range of digital assets.
2. Consider the ETF’s track record and performance
Take the time to evaluate the ETF’s track record and performance. Look at how the fund has performed over different time periods and compare its performance to other similar funds in the market. Keep in mind that past performance is not indicative of future results, but it can give you an idea of how the fund has historically performed.
3. Assess the ETF’s expense ratio and fees
Expense ratios and fees can vary significantly among different crypto ETFs. These costs can impact your investment returns over time, so it’s essential to understand and compare the expense ratios of various funds. Look for an ETF with low expense ratios and fee structures that align with your investment goals.
4. Evaluate the ETF’s liquidity
Liquidity is another crucial factor to consider when choosing a crypto ETF. High liquidity ensures that you can easily buy and sell shares of the ETF without significant price disruptions. Low liquidity may result in wider bid-ask spreads and higher trading costs. Look for ETFs with high trading volumes and a robust market presence.
5. Understand the ETF’s strategy and management approach
Each crypto ETF may have a different strategy and management approach. Some ETFs may passively track the performance of a particular cryptocurrency index, while others may actively manage their portfolios. Understand the ETF’s strategy and assess whether it aligns with your investment objectives and risk profile.
By following these best practices, you can increase your chances of choosing the right crypto ETF for your investment needs. Remember to conduct thorough research and consult with a financial advisor if needed. Investing in cryptocurrencies carries risks, and it is important to make informed decisions.
Factors Influencing the Performance of Crypto ETFs
Investing in cryptocurrency exchange-traded funds (ETFs) can be a great way to gain exposure to the crypto market. However, the performance of these funds can be influenced by a variety of factors.
Market Volatility
One of the biggest factors that can impact the performance of crypto ETFs is the volatility of the cryptocurrency market. Crypto markets are known for their rapid price fluctuations, and this volatility can have a significant impact on the returns of ETFs. When the market is highly volatile, it can be challenging for ETFs to maintain consistent performance.
Regulatory Environment
The regulatory environment surrounding cryptocurrencies is constantly evolving, and changes in regulations can impact the performance of crypto ETFs. For example, if a government introduces strict regulations or bans cryptocurrencies altogether, it can negatively affect the performance of ETFs that hold these assets.
On the other hand, positive regulatory developments, such as favorable regulations or increased acceptance of cryptocurrencies, can boost the performance of crypto ETFs. Investors should closely monitor the regulatory landscape to assess the potential impact on their investments.
Liquidity
Liquidity is another critical factor that can determine the performance of crypto ETFs. When a market is illiquid, it can be challenging to buy and sell assets at favorable prices, leading to increased trading costs and potential tracking errors. ETFs with low liquidity may experience difficulties in replicating the performance of the underlying assets, which can result in lower returns for investors.
Investors should consider the liquidity of the ETF and the underlying crypto assets before making investment decisions. Higher liquidity generally indicates better trading opportunities and lower tracking errors.
Security Risks
Security risks pose a significant threat to the performance of crypto ETFs. The crypto industry has experienced several high-profile hacks and security breaches in the past, which have resulted in substantial losses for investors. If an ETF’s holdings or infrastructure are compromised, it can severely impact its performance.
Investors should evaluate the security measures implemented by the ETF provider to safeguard their assets. This includes assessing the custody solutions, encryption protocols, and overall cybersecurity infrastructure.
Overall, while crypto ETFs offer an avenue for investors to access the cryptocurrency market, it’s essential to consider the various factors that can influence their performance. By understanding and monitoring these factors, investors can make more informed investment decisions and better manage their crypto ETF portfolios.
Question-Answer:
What are the largest crypto ETFs?
The largest crypto ETFs include Grayscale Bitcoin Trust, Bitwise 10 Crypto Index Fund, and the Purpose Bitcoin ETF.
How do crypto ETFs work?
Crypto ETFs work by pooling investors’ money and using it to invest in a portfolio of cryptocurrencies. The value of the ETF is tied to the value of the underlying cryptocurrencies.
What is the difference between a crypto ETF and a traditional ETF?
The main difference between a crypto ETF and a traditional ETF is the underlying asset. While traditional ETFs track the performance of stocks, bonds, or commodities, crypto ETFs track the performance of cryptocurrencies.
Are crypto ETFs a good investment?
Investing in crypto ETFs can be a good way to gain exposure to the cryptocurrency market without having to buy and hold individual coins. However, as with any investment, there are risks involved, so it’s important to do your own research and consider your risk tolerance before investing.
What are the advantages of investing in crypto ETFs?
Some advantages of investing in crypto ETFs include diversification, ease of trading, and regulated access to the cryptocurrency market. ETFs allow investors to gain exposure to a basket of cryptocurrencies without the need to manage individual holdings.
What is a crypto ETF?
A crypto ETF, or exchange-traded fund, is a type of investment fund that tracks the performance of one or more cryptocurrencies. It allows investors to gain exposure to the crypto market without needing to directly purchase and hold the cryptocurrencies themselves.
Which are the largest crypto ETFs?
The largest crypto ETFs currently in the market include Grayscale Bitcoin Trust (GBTC), Bitwise 10 Crypto Index Fund (BITW), and Osprey Bitcoin Trust (OBTC).
