Best DeFi ETFs to buy in 2023
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This guide picks out the best DeFi ETFs on the market today and shows you the best platforms to use to invest. It also explains why an ETF offers the simplest route to investing in DeFi and what the future for this type of fund might be.
What are the top DeFi ETFs to buy?
Copy link to sectionOur financial experts have been through the market to pick out the best ETFs available right now. As DeFi is such a new industry, there is only one option at the moment. Scroll down to find out what it is or invest straight away by clicking the links in the table, and bookmark this page so you can check back and find the latest ETFs as soon as they’re available to trade.
# | ETF symbol | ETF name | Where to trade |
---|---|---|---|
1 | DEFI11 | Hashdex DeFi Index ETF |
1. Hashdex DeFi Index ETF (BOVESPA: DEFI11)
Copy link to sectionThe Hashdex DeFi Index is the world’s first DeFi ETF. It trades on the Brazilian stock exchange and Hashdex is a well-regarded digital asset manager that also runs its own dedicated crypto ETF.
This ETF owns a handful of cryptocurrencies that meet one of three criteria; they either provide DeFi services, blockchain technology, or decentralised apps (dApps). The holdings are then weighted, so Uniswap, Ethereum, and Curve account for about half of the total performance.
As the only DeFi ETF available, this fund offers a unique opportunity to invest in the future of financial services. It’s likely to be more volatile than an ETF that owns stocks but offers significantly more upside, as well as a route to owning crypto through a regulated financial exchange.
Where to buy the best DeFi ETFs
Copy link to sectionYou can buy ETFs through any of the platforms below. It takes just a few minutes to set up an account and get started and each broker offers a wide range of assets to invest in, along with ETFs. Click one of the links in the table to sign up.
77% of retail CFD accounts lose money.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
What is a DeFi ETF?
Copy link to sectionIt’s a fund that invests in companies (or cryptocurrencies) that operate in the decentralised finance industry and which trades on a stock exchange. That means you can buy shares in it just as you would a stock and the value of your investment fluctuates based on the value of all the assets in the fund.
An ETF gives you the chance to invest in the industry rather than picking individual stocks, making it easier to get started. A DeFi ETF might invest in decentralised exchanges, platforms that offer yield farming, and the blockchain technology itself, removing the need for you to make the difficult decisions on where to focus your money.
Are DeFi ETFs a good investment?
Copy link to sectionIt depends on what you expect the future of finance to look like. If you think the financial world is increasingly going to turn to digital assets and blockchains to operate online payments, then this type of ETF offers the best way to speculate on its future success.
Many large financial institutions, such as Santander, JP Morgan, and PayPal, have already invested heavily in this type of technology, so its prospects look good. However, the nature of speculative tech and cryptocurrencies in general is that they are volatile and so you should expect some significant peaks and troughs from any DeFi ETF as well.
The best way to stay informed and make the best decisions is to follow the latest news and time your investments accordingly. You can find out what’s going on in the DeFi world in the news links below, or click the button to start investing right away.
Latest DeFi news
Copy link to sectionUniswap (UNI) trading volume soars as DEXs see increased traction
Crypto rally cools but Shiba Memu is still attracting investments
Vitalik Buterin says AI could become ‘new apex species’
TrueUSD stablecoin depegs following CZ’s exit from Binance
SEC still probing Binance US over FTX-like fraud
Ethereum leads crypto bull run as InQubeta redefines the AI coin sector with innovative features
More of the best ETFs
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