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Started By
Message
Other ways to Invest in Cryptocurrency (list of stocks)
Posted on 11/8/21 at 1:28 pm
Posted on 11/8/21 at 1:28 pm
After a little time in the crypto world, I have concluded that I am too stubborn, ornery, and impatient to invest the time needed to chase emerging small cap projects and/or shitcoins across multiple platforms. Nevertheless, I want to increase my exposure to cryptos, so I have started researching individual stocks and ETF's. I am including my list here and if we get a little dialogue going in this thread, I will continue to edit this initial post with any suggestions and DD that y'all may have....at least for a few weeks. My thought is this post will be a living document that will help other folks who want to go this route without having to read through hundreds of pages.
Credit to xxTIMMYxx who started a very similar thread a few weeks ago which I had missed until just now, but have taken some of his symbols.
Crypto Miners
MARA
RIOT (Riot Blockchain)
HIVE
BITF
HUT
BTBT (Bit Digital)
Support Mining
AMD (Advanced Micro Devices) - makes CPUs and GPUs which are used for bitcoin mining
NVDA - Mainly a technology company, NVIDIA Corporation (NASDAQ:NVDA) develops processors that are used to mine cryptocurrencies.
CAN (Canaan) - Chinese company that makes and sells microprocessing solutions for crypto mining
Bitcoin Focused
BITO (ProShares Bitcoin Strategy ETF) - invests in cash-settled, front-month Bitcoin futures – contracts with the shortest time to maturity.
BTF (Valkyrie Bitcoin Strategy ETF) – offshore, similar to BITO
GBTC (Grayscale) - BTC shares are intended to follow the price of Bitcoin based on the CoinDesk Bitcoin Price Index.
BTCFX (Bitcoin Strategy ProFund Investor) - Bitcoin futures contracts
Other Miscellaneous Crypto Related Stocks
GDLC (Grayscale Digital Large Cap Fund)
CME - financial derivatives exchange that offers trades in cryptocurrencies
MSTR (MicroStrategy) - enterprise analytics software and services worldwide
VYGVF (Voyager)
HUTWF
ARBK
BBKCF
XPDI (Power & Digital Infrastructure Acquisition Corp) -focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses
ISWH
BRPHF (Galaxy Digital Holdings Ltd) - an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry.
CLSK (CleanSpark) - provides energy software and control technology solutions worldwide
COIN (Coinbase)
BITW- Tracks performance of Bitewise 10 Large Cap Crypto Index, which account for 70% of the total crypto market.
BLCN (Siren) - Index fund tracking Nasdaq Blockchain Economy Index (stocks that support blockchain tech or utilize it for their Business)
BKCH (Global X Blockchain ETF ) - invests in companies that benefit from the global blockchain solutions market
BLOK (Amplify Transformational Data Sharing ETF) - actively managed fund that aims to invest at least 80% of its assets in companies that are involved in developing blockchain technologies, and/or using them for their own business.
LEGR (First Trust Indxx Innovative Transaction & Process ETF) - tracks the performance of the Indxx Blockchain Index, an index that follows companies that have some connection to blockchain technologies
SPBC ( Simplify US Equity PLUS GBTC ETF) - SPBC manages to provide a 100% investment in equities along with an additional 10% exposure to Bitcoin
BITQ (Bitwise Crypto Industry Innovators ETF) - This index fund tracks the performance of the Bitwise Crypto Innovators 30 Index. To make it into the index, a company must generate at least 75% of revenues from the cryptocurrency ecosystem, or have 75% of their net holdings in Bitcoin or some other liquid crypto asset. These are considered "crypto innovators" and account for 85% of the index holdings.
DAPP (VanEck Digital Transformation ETF) - tracks the performance of the MVIS Global Digital Assets Equity Index, which invests in companies participating in the digital assets economy. Holdings are believed to have the potential to generate at least half of their annual revenue from digital assets
CRPT ( First Trust SkyBridge Crypto Industry and Digital Economy ETF) - invest in companies driving innovation in the cryptocurrency world and digital economy
BCHG (Grayscale Bitcoin Cash Trust)
Credit to xxTIMMYxx who started a very similar thread a few weeks ago which I had missed until just now, but have taken some of his symbols.
Crypto Miners
MARA
RIOT (Riot Blockchain)
HIVE
BITF
HUT
BTBT (Bit Digital)
Support Mining
AMD (Advanced Micro Devices) - makes CPUs and GPUs which are used for bitcoin mining
NVDA - Mainly a technology company, NVIDIA Corporation (NASDAQ:NVDA) develops processors that are used to mine cryptocurrencies.
CAN (Canaan) - Chinese company that makes and sells microprocessing solutions for crypto mining
Bitcoin Focused
BITO (ProShares Bitcoin Strategy ETF) - invests in cash-settled, front-month Bitcoin futures – contracts with the shortest time to maturity.
BTF (Valkyrie Bitcoin Strategy ETF) – offshore, similar to BITO
GBTC (Grayscale) - BTC shares are intended to follow the price of Bitcoin based on the CoinDesk Bitcoin Price Index.
BTCFX (Bitcoin Strategy ProFund Investor) - Bitcoin futures contracts
Other Miscellaneous Crypto Related Stocks
GDLC (Grayscale Digital Large Cap Fund)
CME - financial derivatives exchange that offers trades in cryptocurrencies
MSTR (MicroStrategy) - enterprise analytics software and services worldwide
VYGVF (Voyager)
HUTWF
ARBK
BBKCF
XPDI (Power & Digital Infrastructure Acquisition Corp) -focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses
ISWH
BRPHF (Galaxy Digital Holdings Ltd) - an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry.
CLSK (CleanSpark) - provides energy software and control technology solutions worldwide
COIN (Coinbase)
BITW- Tracks performance of Bitewise 10 Large Cap Crypto Index, which account for 70% of the total crypto market.
BLCN (Siren) - Index fund tracking Nasdaq Blockchain Economy Index (stocks that support blockchain tech or utilize it for their Business)
BKCH (Global X Blockchain ETF ) - invests in companies that benefit from the global blockchain solutions market
BLOK (Amplify Transformational Data Sharing ETF) - actively managed fund that aims to invest at least 80% of its assets in companies that are involved in developing blockchain technologies, and/or using them for their own business.
LEGR (First Trust Indxx Innovative Transaction & Process ETF) - tracks the performance of the Indxx Blockchain Index, an index that follows companies that have some connection to blockchain technologies
SPBC ( Simplify US Equity PLUS GBTC ETF) - SPBC manages to provide a 100% investment in equities along with an additional 10% exposure to Bitcoin
BITQ (Bitwise Crypto Industry Innovators ETF) - This index fund tracks the performance of the Bitwise Crypto Innovators 30 Index. To make it into the index, a company must generate at least 75% of revenues from the cryptocurrency ecosystem, or have 75% of their net holdings in Bitcoin or some other liquid crypto asset. These are considered "crypto innovators" and account for 85% of the index holdings.
DAPP (VanEck Digital Transformation ETF) - tracks the performance of the MVIS Global Digital Assets Equity Index, which invests in companies participating in the digital assets economy. Holdings are believed to have the potential to generate at least half of their annual revenue from digital assets
CRPT ( First Trust SkyBridge Crypto Industry and Digital Economy ETF) - invest in companies driving innovation in the cryptocurrency world and digital economy
BCHG (Grayscale Bitcoin Cash Trust)
This post was edited on 11/9/21 at 9:45 am
Posted on 11/8/21 at 1:48 pm to Insufficient_Funds
good stuff, thanks for the compilation
Posted on 11/8/21 at 2:21 pm to Insufficient_Funds
I made a good chunk off COIN and MSTR this year. I should have held on to a quarter of my shares. Sold COIN at 263 and MSTR at 632. Holding a decent amount of VYGVF. Been doing well of late.
I'll add BCHG to your list.
I'll add BCHG to your list.
Posted on 11/9/21 at 5:20 am to deaconjones35
Please buy MSTR everyone. When it hits $3100 I can pay off my house.
Posted on 11/9/21 at 5:29 am to Insufficient_Funds
quote:
Bitcoin Focused
BITO (ProShares Bitcoin Strategy ETF) - invests in cash-settled, front-month Bitcoin futures – contracts with the shortest time to maturity.
BTF (Valkyrie Bitcoin Strategy ETF) – offshore, similar to BITO
GBTC (Grayscale) - BTC shares are intended to follow the price of Bitcoin based on the CoinDesk Bitcoin Price Index.
BCHG (Grayscale Bitcoin Cash Trust)
QBTCFC (Bitcoin Strategy ProFund Investor) - Bitcoin futures contracts
Thanks for the list but you should know that Bitcoin and Bitcoin Cash are not the same. B Cash is an inferior rival project.
Posted on 11/9/21 at 7:21 am to Insufficient_Funds
quote:
I am too stubborn, ornery, and impatient to invest the time needed to chase emerging small cap projects
Yet you took the time to look at all of these plays? I’ve just decided I am going to let others make money in the poocoins. I am unwilling to risk ruin for the chance of gains they are going for. But money directly in BTC, Solana and Ethereum has proven far more prosperous for me than the underlying stocks. Good luck in your plays and thanks for your hard work in putting all of this together. Quality post.
This post was edited on 11/9/21 at 9:42 am
Posted on 11/9/21 at 9:05 am to Vastmind
quote:
Thanks for the list but you should know that Bitcoin and Bitcoin Cash are not the same. B Cash is an inferior rival project.
Will make that correction, thank you sir.
Posted on 11/9/21 at 9:22 am to go ta hell ole miss
quote:
Yet you took the time to look at all of these plays?
Yes sir! I'm actually not lazy and I hate missing out on making money. And stocks are right in my wheelhouse. My frustration is around the need to research and add multiple platforms and wallets to acquire and trade some of those new small-cap projects. The uncertainty on the degree of security of all of the aforementioned platforms is perhaps my greatest concern.
Anyway, I do have a Coinbase account which I use to trade some of the larger cap coins in the same manner as you do. What I am trying to accomplish now is gaining a little more broad exposure to the overall market via some crypto-based stocks or ETFs.
Posted on 11/10/21 at 7:24 am to Insufficient_Funds
Very comprehensive list, well done.
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