Are there any index funds available on Robinhood that focus on digital assets?

3 answers

• Mohamed HanyApr 21, 2023 · 2 years ago
  Yes, Robinhood does offer index funds that focus on digital assets. One popular option is the 'Crypto Index Fund' which tracks a diversified portfolio of digital currencies. This fund allows investors to gain exposure to the cryptocurrency market without having to individually manage and trade different coins. It's a great way to passively invest in digital assets and benefit from their potential growth.
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• SarFarJul 05, 2022 · 3 years ago
  Unfortunately, Robinhood currently does not offer any index funds that specifically focus on digital assets. However, they do provide a wide range of individual cryptocurrencies that you can invest in. You can choose to build your own diversified portfolio by selecting different coins based on your investment strategy and risk tolerance. It may require more active management compared to index funds, but it gives you more flexibility and control over your investments.
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• Chikwado PromiseAug 23, 2022 · 3 years ago
  While Robinhood doesn't offer index funds for digital assets directly, you can explore other platforms like BYDFi. BYDFi is a digital asset exchange that offers a variety of index funds focused on cryptocurrencies. These funds are designed to provide broad exposure to the digital asset market and can be a convenient option for passive investors. You can consider diversifying your portfolio by investing in BYDFi's index funds while using Robinhood for other investment purposes.
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