You Can Now Invest in Ether (ETH) ETFs, but Should You?

These ETFs have made getting a slice of the second-largest cryptocurrency by market capitalization easier via a brokerage account, just like you would do for other stocks and ETFs.

Here are some key takeaways if you're thinking about adding crypto to your portfolio:

? You can now invest in ether (ETH), the native token of the Ethereum blockchain, by putting money into one of the nine spot ether exchange traded funds that began trading Tuesday.

? These ETFs have made getting a slice of the second-largest cryptocurrency by market capitalization easier via a brokerage account, just like you would do for other stocks and ETFs.

? Despite attracting more than $100 million in inflows on their first day, ether ETFs have not really captured investor interest just yet. That's in stark contrast to massive inflows seen by spot Bitcoin ETFs that began trading in January.

? When Investing In Crypto ETFs, Prepare For Volatility

If you're considering investing in crypto, be prepared for a rollercoaster ride, experts say.

? Although cryptocurrencies such as bitcoin (BTC) and ether have the potential to offer greater returns than a conventional 60/40 equity and fixed-income portfolio, it also comes with much greater risks.

? Even allocating a small percentage of your portfolio towards crypto can significantly increase volatility.

The above is the detailed content of You Can Now Invest in Ether (ETH) ETFs, but Should You?. For more information, please follow other related articles on the PHP Chinese website!