Best NFT ETFs to buy in 2024
Trade your favourite markets with our top-rated broker,
. 10/1077% of retail CFD accounts lose money.
NFTs have exploded onto the market in recent years, generating a large and loyal community and garnering mainstream attention from major media outlets and notable business moguls. Now, the first NFT ETF has launched, and investing in it could be a good way to gain exposure to the performance of the overall NFT industry.
What are the top NFT ETFs to buy?
Copy link to sectionRight now, there is only one NFT ETF that contains the best stocks related to the NFT industry, and you can find it in our table below. Our analysts have reviewed this ETF extensively and outlined their findings further down this page.
# | ETF symbol | ETF name | Where to Trade |
---|---|---|---|
1 | NFTZ | Defiance Digital Revolution ETF | Buy NFTZ 77% of retail CFD accounts lose money. |
1. Defiance Digital Revolution ETF (NYSEARCA: NFTZ)
Copy link to sectionLaunched to the public on November 23rd 2021, the NFTZ ETF contains shares of a wide range of companies involved in the ETF industry, and some that plan to become involved in the coming years. The portfolio features over 30 companies including well-known names in crypto like Coinbase, renowned retail companies like Ebay, and even an American gambling growth play, DraftKings.
The creators of the Defiance Digital Revolution ETF feel that NFTs ‘are already challenging paradigms of ownership, property and value.’ They believe they enable ‘true ownership of digital goods, releasing creativity into the virtual world,’ with a scope as ‘broad as human creativity.’ Its robust belief in NFT technology led to the formation of its strategy: investing in companies involved with NFTs, blockchain, and cryptocurrency ecosystems and communities.
While NFTZ currently has no competition to compare it to, it has a clear first-mover advantage, and its ability to offer simple and convenient access to a sometimes-high entry-level sector should not be underestimated. However, whether it can deliver growth in the long term depends on whether NFTs are here to stay, or whether they are a fad that will wear off.
77% of retail CFD accounts lose money.
Where to buy the best NFT ETFs
Copy link to sectionYou can sell and buy an ETF just like a stock, and this involves signing up with an online broker. We have listed your top three options below based on their low fees, ease of use, and overall reliability. Click on one of the links to get involved, or keep reading to learn more about NFT ETFs.
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 an NFT ETF?
Copy link to sectionIt is an exchange-traded fund that can be bought and sold on the stock market. NFT ETFs provide exposure to a selection of companies that are involved in NFTs and related industries like blockchain technology and cryptocurrency. For the avoidance of doubt, we define an NFT as a unique digital file that can represent things like photos or videos online.
Are NFT ETFs a good investment?
Copy link to sectionYes, they can be. NFT technology is extremely popular right now and has experienced substantial investment. However, because this is such a new industry, and both mainstream adoption and heavy institutional involvement are not at a truly substantial level yet, you can expect to see some volatility with NFT stocks.
However, the benefit of an NFT ETF is that it diversifies your investment. So, if one company is performing poorly within the portfolio, another may be able to pick up the slack and balance things out. NFT ETFs are more diversified than most forms of ETF because the companies they hold have diverse business models across the tech spectrum.
If you decide to invest, it is crucial that you keep informed about the latest developments in the ETF sector and which ETF platforms are better to use. So, make sure you check out our latest NFT news articles that we have collated below – they are a great way of finding out about the most recent events that are affecting the NFT landscape.
Latest NFT news
Copy link to sectionMicrosoft and Meta to use new AMD chip as an alternative to Nvidia
Morgan Stanley CEO dubs AI a ‘weapon’ against financial crimes
PayPal stock receives a downgrade from the Bank of America
Exxon says it will double earnings through 2027
Google just launched Gemini – its most capable LLM
McDonald’s partners with Google as it lays out ambitious goals for 2027
More of the best ETFs
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >