The Top 7 Cryptocurrency Funds to Get Into in 2024

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Cryptocurrency investing can be complex, especially for those accustomed to traditional stock market trading. The volatility, technical barriers, and security concerns often deter newcomers. Fortunately, cryptocurrency funds offer a streamlined, accessible alternative. These funds allow investors to gain exposure to digital assets without directly managing private keys or navigating crypto exchanges.

One of the most popular vehicles is the Exchange-Traded Fund (ETF)—a fund that either holds actual cryptocurrencies or tracks their price performance through derivatives. Whether you're seeking diversification, professional portfolio management, or lower entry barriers, crypto funds can align with a wide range of investment goals.


Why Invest in a Cryptocurrency Fund?

Crypto funds simplify access to the blockchain and digital asset ecosystem. They are ideal for investors who want exposure to crypto markets but prefer a regulated, familiar financial product.

Key Benefits of Crypto Funds

There are two primary types of crypto funds:

  1. Physically Backed ETFs: Hold actual cryptocurrencies (e.g., Bitcoin) and issue shares representing ownership.
  2. Derivative-Based ETFs: Track futures contracts or other financial instruments tied to crypto prices—common in regions where direct holdings are restricted.

While regulatory frameworks are still evolving—especially in the U.S.—many global investors already have access to robust crypto fund options.

👉 Discover how you can start building a diversified crypto portfolio today.


How to Start Investing in a Crypto Fund

Getting started is simpler than you might think:

  1. Use a Brokerage Account: Most crypto ETFs are available through traditional brokerage platforms like Fidelity, Charles Schwab, or Robinhood.
  2. Choose Your Fund Type: Decide whether you want exposure to direct crypto assets or blockchain-based equities.
  3. Evaluate Fees and Minimums: Compare expense ratios and initial investment requirements.
  4. Monitor Performance: Like any investment, review reports and adjust your strategy as needed.

Now, let’s explore seven of the most compelling cryptocurrency funds available in 2024.


1. Bitcoin Strategy ProFund

Overview

Launched in 2021, the Bitcoin Strategy ProFund provides exposure to Bitcoin through futures contracts. It also invests in Canadian Bitcoin ETFs, offering indirect but secure access to BTC price movements.

Key Features

This fund is ideal for conservative investors who want Bitcoin exposure without custody risks.


2. Fidelity Digital Assets

Overview

Fidelity, a global financial giant with over $7 trillion in client assets, launched Fidelity Digital Assets to serve institutional clients. It offers secure custody, trade execution, and deep cold storage solutions.

Key Features

While not open to retail investors, Fidelity’s presence signals growing legitimacy in the crypto space.

👉 Learn how institutional-grade security can protect your digital investments.


3. Crypto20 (by Invictus)

Overview

Crypto20 claims to be the world’s first tokenized crypto index fund. It automatically rebalances weekly and caps individual asset weightings at 10%, reducing concentration risk.

Key Features

Note: Currently not available to U.S. citizens due to regulatory restrictions.


4. Bitwise 10 Crypto Index Fund

Overview

Founded in 2017, Bitwise manages one of the most recognized crypto index funds. It tracks the top 10 large-cap cryptocurrencies, representing about 70% of the total market.

Key Features

Bitwise is a pioneer in crypto asset management and trusted by both retail and institutional investors.


5. Global X Blockchain ETF

Overview

The Global X Blockchain ETF doesn’t invest directly in crypto but focuses on companies leveraging blockchain technology. It tracks the Solactive Blockchain Index.

Key Holdings Categories

With operations in 48 countries, Global X offers a broad, equity-based gateway into the blockchain revolution.


6. VanEck Digital Transformation ETF

Overview

VanEck’s fund tracks the MVIS Global Digital Assets Equity Index, investing in firms involved in digital assets and blockchain infrastructure.

Key Features

VanEck is known for innovation in ETF design and strong regulatory compliance.


7. Amplify Transformational Data Sharing ETF (BLOK)

Overview

Commonly referred to as BLOCK ETF (BLOK), this actively managed fund invests at least 80% of assets in companies involved in blockchain technology.

Key Features

BLOK offers a diversified play on blockchain innovation across sectors.


Frequently Asked Questions (FAQ)

What is a cryptocurrency fund?

A cryptocurrency fund is an investment vehicle that provides exposure to digital assets—either by holding actual cryptocurrencies or investing in blockchain-related companies. These funds include ETFs, mutual funds, and index trusts.

Are crypto funds safe?

Most regulated crypto funds implement strong security measures, including cold storage, multi-signature wallets, and third-party audits. While no investment is risk-free, regulated funds reduce many of the dangers associated with direct crypto ownership.

How do crypto funds generate returns?

Returns come from price appreciation of underlying assets (coins or equities), dividends (in equity-based funds), and active management strategies like rebalancing or arbitrage.

Can I invest in crypto funds from anywhere?

Many funds are available globally, but access depends on local regulations. For example, U.S. investors may face restrictions on certain products due to SEC policies.

Do I own actual cryptocurrency in a fund?

In most cases, no. You own shares in the fund, not the underlying coins. However, the fund’s value correlates with crypto prices.

Which is better: direct crypto or a fund?

It depends on your goals:

👉 Compare your options and decide which path suits your investment style.


Final Thoughts

Cryptocurrency funds are reshaping how people access digital assets. Whether you're new to investing or a seasoned trader, these vehicles offer a secure, regulated way to participate in the blockchain revolution—without the complexities of self-custody.

From Bitcoin-focused trusts like Bitwise to equity-based ETFs like BLOK and Global X, there’s a fund for every strategy. As regulations mature—especially in the U.S.—expect even broader adoption and innovation.

The key is to research thoroughly, understand fees and structures, and choose funds aligned with your risk tolerance and goals.

By leveraging professional management and diversified exposure, you can confidently navigate the evolving world of digital finance.


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