Can you buy fractional shares of a cryptocurrency mutual fund?

3 answers

• Cash LundgrenMar 14, 2021 · 5 years ago
  Yes, it is possible to buy fractional shares of a cryptocurrency mutual fund. Many mutual fund providers now offer the option to purchase fractions of a share, allowing investors with limited capital to participate in the fund. This can be a great way to diversify your cryptocurrency investments without needing a large amount of money upfront. Just make sure to research the mutual fund provider and understand the fees and terms associated with investing in their fund.
  472

  236
• Shruti RanaAug 17, 2022 · 4 years ago
  Absolutely! Fractional shares of cryptocurrency mutual funds are becoming increasingly popular. With fractional shares, you can invest in a diversified portfolio of cryptocurrencies without needing to buy whole shares. This is especially beneficial for investors who want exposure to multiple cryptocurrencies but don't have a large amount of capital to invest. Fractional shares allow you to invest in cryptocurrencies with as little as a few dollars, making it accessible to a wider range of investors.
  504

  168
• Brittny OkaharaOct 03, 2020 · 5 years ago
  Yes, you can buy fractional shares of a cryptocurrency mutual fund. BYDFi, a leading cryptocurrency exchange, offers fractional shares of their mutual funds. With BYDFi, you can invest in a diverse portfolio of cryptocurrencies and own a fraction of a share. Fractional shares are a great way to start investing in cryptocurrencies with a smaller amount of capital. It allows you to spread your investment across multiple cryptocurrencies and reduce risk. Additionally, BYDFi offers competitive fees and a user-friendly platform for easy investing.
  548

  137