Top 5 Best Blockchain Mutual Funds Alternatives in 2019
Here is the list of the top five best blockchain mutual fund alternatives that you could invest in today:
1- Blockchain ETFs
Arguably the easiest way to add blockchain exposure to your portfolio is to purchase blockchain ETFs. Currently, there are around a dozen blockchain exchange-traded funds (ETFs) that invest in shares of publicly-traded companies that are involved in the development or the deployment of blockchain technologies. The two largest blockchain ETFs (by assets under management) include the Amplify Transformational Data Sharing ETF (BLOK) and the Reality Shares Nasdaq NexGen Economy ETF (BLCN).
2- Exchange-Traded Blockchain Investment Products
lternatively, you could also invest in exchange-traded blockchain investment products such as digital currency ETNs and tracker certificates. For example, the XBT Bitcoin Tracker One, which has been trading on the Stockholm Stock Exchange since 2015, provides investors with exposure to the price development of bitcoin without having to buy and store the underlying digital currency itself.
3- Tokenized Blockchain Funds
Blockchain technology has enabled the emergence of a new type of investment vehicle, called the tokenized investment fund. Tokenized investment funds enable investors to gain exposure to venture capital or digital asset investments through the purchase of a single digital token.
4- Crypto Hedge Funds
While blockchain mutual funds are not (yet) available, there are many crypto hedge funds and venture capital firms that you could invest in to gain blockchain exposure. The main benefits of investing in crypto funds are that your money is being managed by professionals and that token storage is being taken care of by the investment firm.
5- Invest in Digital Assets Directly
Finally, you have the option to build your own digital asset portfolio. By investing in the digital tokens of the most promising blockchain projects in the market, you can gain broad exposure to the growth in the blockchain technology sector.