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Bitcoin

Which funds invest in bitcoin?

Bitcoin has become a popular investment option for many investors around the world. With its increasing popularity, investors are searching for ways to invest in Bitcoin without having to purchase and store it themselves. One such way is through funds that invest in Bitcoin. In this article, we will take a closer look at which…

Bitcoin has become a popular investment option for many investors around the world. With its increasing popularity, investors are searching for ways to invest in Bitcoin without having to purchase and store it themselves. One such way is through funds that invest in Bitcoin. In this article, we will take a closer look at which funds invest in Bitcoin.

Bitcoin Investment Trust (GBTC)

The Bitcoin Investment Trust (GBTC) is the first and largest publicly traded Bitcoin investment fund. It is managed by Grayscale Investments, a subsidiary of Digital Currency Group. The fund holds Bitcoin as an investment, and investors can buy shares of this fund on the stock exchange. GBTC is a US-based fund and is available to accredited investors only.

Grayscale Bitcoin Trust (GBTC) is currently the largest Bitcoin fund in the market, with over $30 billion in assets under management. The fund has been around since 2013 and is considered one of the safest ways to invest in Bitcoin. GBTC charges a management fee of 2%, making it one of the most expensive Bitcoin funds in the market.

Pantera Bitcoin Fund

Pantera Bitcoin Fund is another Bitcoin fund that provides investors with exposure to Bitcoin. The fund is managed by Pantera Capital, a hedge fund that invests in digital assets. Pantera Bitcoin Fund invests primarily in Bitcoin, but it also has exposure to other digital assets, such as Ethereum and Ripple.

Pantera Bitcoin Fund is available to accredited investors only and has a minimum investment of $100,000. The fund charges a management fee of 2% and a performance fee of 20%. Pantera Bitcoin Fund has outperformed Bitcoin in the past, with an average annualized return of 87% since its inception in 2013.

CoinShares Bitcoin Tracker

CoinShares Bitcoin Tracker is an exchange-traded note (ETN) that provides investors with exposure to Bitcoin. The fund is managed by CoinShares, a digital asset management firm. CoinShares Bitcoin Tracker is available to investors in Sweden, Germany, and Switzerland.

CoinShares Bitcoin Tracker is designed to track the price of Bitcoin, and investors can buy and sell shares of the fund on the stock exchange. The fund charges a management fee of 2.5%, making it one of the more expensive Bitcoin funds in the market.

ARK Next Generation Internet ETF

ARK Next Generation Internet ETF is not a Bitcoin fund, but it does invest in companies that are involved in Bitcoin and other digital assets. The fund is managed by ARK Invest, a firm that focuses on investing in innovative technologies.

ARK Next Generation Internet ETF invests in companies that are involved in blockchain technology, such as Square and MicroStrategy. The fund charges a management fee of 0.75%, making it one of the more affordable funds in the market.

Conclusion

Investing in Bitcoin can be a risky proposition, but funds that invest in Bitcoin can provide investors with exposure to Bitcoin without having to purchase and store it themselves. GBTC, Pantera Bitcoin Fund, CoinShares Bitcoin Tracker, and ARK Next Generation Internet ETF are some of the funds that investors can consider when looking to invest in Bitcoin. Each fund has its own unique features, including management fees, minimum investment requirements, and geographic availability. Investors should carefully consider their investment objectives and risk tolerance before investing in any Bitcoin fund.

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