CRYP is a secure way to get exposure to Crypto without having to manage your own trust wallet or trading account.
Betashares are listing their NEW Crypto Innovators ETF “CRYP” tomorrow. Please let your adviser know if you’re interested.
The BetaShares Crypto Innovators ETF (CRYP) is designed to capture the full breadth of the crypto ecosystem. CRYP will aim to track an index comprising a focused portfolio of more than 30 leading crypto innovators through a traditional ETF structure. CRYP provides exposure to companies building crypto mining equipment, crypto trading venues, and other key services that allow the crypto economy to thrive.
The ETF has had a 0.78 correlation to the price of BTC over the last 18 months.
Growth Potential
The crypto economy has been growing strongly, aided by the outstanding performance of Bitcoin, Ethereum and other digital assets over the past ten years, with this growth anticipated to continue.
Utility and transferability of digital assets is becoming more user friendly and the introduction of NFTs has broadened crytos reach (McDonalds released an NFT yesterday, Nike & Disney plan to).
Convenient, Cost-Effective Success
CRYP provides focused exposure to the crypto economy within the familiar and trusted ETF structure. You can invest in CRYP as simply as buying any share on the ASX.
Exposure To Crypto Core Infrastructure
CRYP provides exposure to companies building crypto mining equipment, crypto trading venues, and other key services that allow the crypto economy to thrive.
The top 4 holdings represent approx. 44% of the fund and are each in a different sector of crypto.
- Bank/supporting services – Silvergate Capital (12.2% weighting) was the first bank focused on serving the crypto community and is the largest crypto focused bank with over 1,100 crypto companies as customers.
- Treasury holdings – Microstrategy (11.1% weighting) which currently only holds BTC.
- Crypto Mining – Marathon Digital (10.9% weighting) Bitcoin mining operation in North America and operates at one of the lowest energy outputs.
- Exchange/Custodian – Coinbase (10.2% weighting) exchange with 2021 revenue expected to be $6.5B.
The Investor’s Guide to Crypto
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