The lack of bitcoin ETFs in the US is a long-running saga. Many institutions are lining up with the SEC to get approval for their own ETFs. With bitcoin or cryptocurrency ETFs, however, there is a level of volatility that may not be satisfied with some settings. So, for some, a BLOCKCHAIN ETF may be a way forward.
In an article about Investing.com. 2 blockchain ETFs have been discussed along with the benefits of such funds.
In the article, two researchers from ETH Zurich and Imperial College London described some examples of blockchain use:
“Blockchain as a technology has received great attention beyond distributed cloud storage, intellectual property, Internet of Things, supply chain management, healthcare, ownership and copyrights, distribution and financial transactions in Decentralized Autonomous Organizations.& quot;
In October, MarketsandMarkets study showed blockchain potential:
“the global blockchain Sunday is expected to grow from US $ 3.0 billion in 2020 to US $ 39.7 billion by 2020, with an impressive cumulative annual growth rate (CAGR) of 67.3% in 2020-2025.”;
The article pointed to significant benefits to be gained in cryptocurrencies, as evidenced by the following figures:
Bitcoin is up nearly 57% from last year (since the start of the year);
Cardano up 881% since the start of the year;
Ethereum up 334% since start of year;
Dogecoin up 5,520% since start of year;
The surge is up 297% since the start of the year.
However, most investors may have difficulty overcoming some of the extreme ups and downs of kriptorynka, which can see daily fluctuations from 10 to 30% even in some major cryptocurrencies such as bitcoin and Ethereum.
Two listed blockchain ETFs Investing.com the paper first relies on the Indxx Innovative Transaction & Process ETF and The Capital Link ETF, the NextGen Protocol.
Both would give access to Nvidia, Microsoft and Oracle. Although each invests in companies such as Amazon, AMD, Deutsche telekom, Visa, Mastercard and Intel
