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March 23, 2020

Bitcoin Investment Sites 2020

You may be looking for Bitcoin investment sites as an alternative (and perhaps safer) way of investing in cryptocurrency.

In addition to the FOREX trading, the most popular way of investing in cryptocurrencies, Crypto Index Funds are growing in popularity.

Especially since it doesn't look like the Federal Trade Commission will be approving any sort of Bitcoin or cryptocurrency ETF in the near future. 

In this article we will explore some Bitcoin investment sites dedicated to crypto index funds.

Crypto Indexes and Crypto Index Funds - What’s The Difference?

Many are familiar with mainstream stock indexes such as the S&P500, NASDAQ Composite, and Dow Jones Industrial Average. But did you know there are Bitcoin investment sites featuring crypto indexes? 

Actually, the index idea fits the crypto market perfectly due to the public nature of the blockchain. Index information is publicly recorded and can be referenced by anyone. 

In a crypto index fund, crypto assets (Bitcoin, Ehtereum, Ripple, Cardano, etc..) are shared within an index, so the price of a share shadows the fund's price. Many Bitcoin investment sites have started to feature crypto investment funds. They are fast becoming one of the most popular ways of investing in cryptocurrency.

Crypto Index funds are relatively new to cryptocurrency investing. Below we have gathered several that we believe are worth investigating. Please remember, that I am not an investing professional. The Bitcoin investing sites listed below are the results of my research which does not constitute financial advice.

The Important Bitcoin Investment Sites Featuring Crypto Index Funds

The TaiFu™ 30 Index

The TaiFu™ 30 Index is a market capitalization weighted index of the largest 30 cryptocurrencies for that day. Each day, a new top 30 is selected to calculate the index. It represents the largest 30 cryptocurrencies on a given day.

The TaiFu™ 30 Altcoin Index

The TaiFu™ 30 Altcoin Market Index measures the theoretical market capitalization of the 30 largest cryptocurrencies on any given day (minus Bitcoin or any hard forks of Bitcoin such as Bitcoin Cash). Every 24 hours, a new top 30 is selected to calculate the index.

The TaiFu™ Bitcoin Aggregate Index

The TaiFu™ Bitcoin Aggregate Index tracks the total market capitalization of Bitcoin and all hard forked versions of bitcoin that share the same Bitcoin genesis block that was created by Satoshi Nakamoto in January 2009. This index updates each day at UTC 00:00.

Bloomberg Galaxy Crypto Index

The index measures the performance of the largest cryptocurrencies traded in USD. It is market capitalization-weighted and includes Bitcoin, Ethereum, Monero, Ripple and Zcash. These are diversified across different categories of digital assets, including stores of value, mediums of exchange, smart contract protocols and privacy assets.

bitcoin investments post element depicting a price chart

Bitwise Investments

Bitwise bills themselves as “The Crypto S&P 500 - A Smart & Secure Way to Invest‎.” Bitwise offers rules-based crypto indexes where network liquidity, distribution, regulatory scenario, etc. are taken into account, making it smart and convenient to invest in cryptocurrencies. 

The first tokenized crypto index fund. One of the few where you don’t need to be an accredited investor. CRYPTO20 allows you to invest in cryptocurrencies like Bitcoin and Ethereum in a diversified index fund. They use extensive back-testing and data science to create a fund that re-balances on a weekly basis and caps each asset at 10%.

Grayscale Bitcoin Investment Trust

The $1.13 billion GBTC represents fractional ownership in bitcoin. Grayscale Bitcoin Trust’s shares are the first publicly quoted securities solely invested in and deriving value from the price of bitcoin. GBTC enables investors to gain exposure to the price movement of bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping bitcoins.

Solidum Prime Index

Solidium Prime's Crypto Strategies funds are collections of top cryptocurrencies, actively managed by their team of professionals. You can start investing with as little as 10 USD! Simply buy with a credit card or make a EUR, BTC or ETH deposit.

Final Thoughts

I hope we have helped you find some Bitcoin investment sites that provide and alternative to Forex trading an other riskier methods of of investing in cryptocurrency. The digital currency universe is expanding rapidly and new products and investing methods are created every day.

Bitcoin and cryptocurrency index funds can be a good way to minimize the risk of investing in a volatile instrument like crypto. Especially for those who don't have the stomach to tolerate the tumultuous Forex markets. 

Check back frequently at CryptoVerrified.com for updates, tips, and commentary on the latest in the ever-evolving cryptocurrency universe. If you enjoyed this article, you may also want to check out How To Safely Buy and Sell Bitcoin for pointers on the best ways to buy and sell cryptocurrency safely and securely!

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