Ways to invest in blockchain?

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hannahfx

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Entrepreneur ~ trader | @ozocapital ~ creator | i make videos on yt ~ believer | supporting brighter futures ↓ youtube channel ↓ youtube.com/hannahforex/
hannahfx
Jul 24, 2021 8 Comments

Besides investing directly in stocks of companies making use of blockchain, there are other ways to get in on the action.

Directly purchase cryptocurrencies, such as Bitcoin or Ethereum, or buy shares of a cryptocurrency trust like Grayscale Bitcoin Trust (OTC:GBTC).

Buy an exchange-traded fund (ETF) that specifically invests in shares of companies with exposure to blockchain. Two notable examples are Amplify Transformational Data Sharing ETF (NYSEMKT:BLOK) and Reality Shares Nasdaq NextGen Economy ETF (NASDAQ:BLCN).

Participate in crowdfunding a new cryptocurrency through an initial coin offering (ICO) -- purchasing a new cryptocurrency issued by a developer working on a new blockchain project.

#blockchain #crypto

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