Best Web3 ETFs to buy in 2024
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. 10/1077% of retail CFD accounts lose money.
An ETF is a great way to get a broad range of exposure to companies in those industries, or which are working on Web3 in any way. The potential of Web3 to change the way we interact with the online world is closely linked to cryptocurrency and ETF blockchain technology. Below you can find the best Web3 ETFs to buy right now.
What are the top Web3 ETFs to buy?
Copy link to sectionOur financial experts’ favourite Web3 ETFs are available in the table below. As this is a new field, there is only a single option at the moment, but it’s an industry that’s likely to grow very quickly. Click on the links in the table to invest now, or check back regularly to find out as soon as new options come onto the market.
# | ETF symbol | ETF name | Where to Trade |
---|---|---|---|
1 | WIII | Simplify Volt Web3 ETF (NYSEARCA: WIII) | Buy WIII 77% of retail CFD accounts lose money. |
Simplify Volt Web3 ETF (NYSEARCA: WIII)
Copy link to sectionThe Simplify fund was the first dedicated Web3 ETF to be released onto the market. The fund plans to invest in companies that provide innovation to develop the internet. Most of its money is going to be split between companies that operate in Web3 or the metaverse.
The fund is also going to have exposure to cryptocurrency directly by putting 10% of its assets into the Grayscale Bitcoin Trust, a trust that tracks the price of Bitcoin. All of this means the ETF might be volatile; crypto and the companies associated with it can rise and fall quite dramatically.
77% of retail CFD accounts lose money.
However, there is a huge amount of money being poured into developing this new technology and Simplify has seized first-mover advantage. Similar ETFs, that track either Bitcoin or the metaverse, have received a lot of investor interest and the Web3 ETF could well see the same result.
Where to buy the best Web3 ETFs
Copy link to sectionYou can buy any of the ETFs on this page by signing up to an online broker. Use the links below to set up an account and you can start investing within minutes.
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 Web3 ETF?
Copy link to sectionAn ETF is a fund that owns a variety of shares in different companies. You can buy shares in the fund in order to benefit from the performance of all the companies that it owns. A Web3 ETF is one that simply holds shares in companies that either work in or benefit from the development of Web3.
Are Web3 ETFs a good investment?
Copy link to sectionIf you have high hopes for the future of the industry then this type of ETF could be the right approach. Using an ETF means you can benefit from the industry as a whole rather than rely on picking the right stocks yourself. These ETFs might also be suited to investors who are interested in stocks with high growth potential.
A Web3 ETF is more risky than other types of ETF, however. This is still a young industry with a lot of unknowns, so the flip-side of high reward is that you need to have to be willing to accept the risk as well.
The best way to stay informed about the development of Web3 and the ETFs associated with it is by following the latest news. You can do that by clicking the links at the bottom of the page, or start investing straight away on the best ETF platforms with the button below.
Latest Web3 news
Copy link to sectionFlare Labs starts FAssets testing on Coston Network
Sei Labs introduces EVM support to boost developer activity
BlackRock’s game-changing Ethereum ETF move, Solana and NuggetRush exhibit bullish price trends
Cristiano Ronaldo slapped with lawsuit over Binance NFT endorsement
Self-custody wallet Edge integrates THORChain to streamline decentralized participation
Evaluating Polygon (MATIC) potential amid declining whale interest
More of the best ETFs
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