Pros and Cons of Crypto ETFs
Pros
Provides easy exposure to crypto markets without having to learn about wallet setup or other complexities of blockchain technology.
There is no need for the investor to hold cryptocurrency directly, meaning less exposure to hacking risk or loss.
Professional fund management in a space that moves quickly and comes with many complexities.
Cons
Fees tend to be higher than other ETFs.
Investors do not own the cryptocurrency directly, and they must defer to the fund's management strategy.
Unlike cryptocurrencies, ETFs can only be traded during market hours.
Crypto markets on which the ETFs are based still largely unregulated.
