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Title: List of Bitcoin ETFs Post by: tyz on February 23, 2016, 05:40:00 PM 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 (http://grayscale.co/bitcoin-investment-trust/). Do anyone could share experience with BTC ETFs? And is there a list of recommendable Bitcoin ETFs? Title: Re: List of Bitcoin ETFs Post by: bitmarket.net on February 25, 2016, 10:50:35 PM 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 ? Title: Re: List of Bitcoin ETFs Post by: fr4nkthetank on February 26, 2016, 01:51:10 AM 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 :)
Title: Re: List of Bitcoin ETFs Post by: gentlemand on February 27, 2016, 10:31:34 PM 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.
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