ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook Channel
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. Looking for Equities with Crypto Exposure?
Crypto Channel
Share

Looking for Equities with Crypto Exposure?

Tom LydonApr 26, 2021
2021-04-26

There still isn’t a Bitcoin exchange traded fund listed on US exchanges, but that could soon change. However, some equities offer crypto exposure – a concept offered in basket form with the newly minted VanEck Vectors Digital Transformation ETF (DAPP B-).

DAPP, which debuted earlier this month, tracks the MVIS Global Digital Assets Equity Index. The benchmark “is intended to track the performance of companies that are participating in the digital assets economies,” according to VanEck.

Digital assets aren’t held by DAPP’s index, but the benchmark’s components include companies engaged in mining, hardware, exchanges, holding and trading, payment gateways, patents and services, and banking.

“That methodology is important at a time when more companies are viewing Bitcoin as an asset worthy of inclusion on corporate balance sheets,” according to Nasdaq. “For example, MicroStrategy (MSTR), Square (SQ) and Tesla (TSLA) combine to hold $7.6 billion worth of Bitcoin on their balance sheets. DAPP taps into that theme by allocating 9.11% of its weight to Square and almost 5% to MicroStrategy, respectively, – two of the largest allocations to those names among all ETFs.”

DAPP: A Credible Alternative for Crypto Exposure

DAPP, a thematic fund, could be the beneficiary of good timing as it arrives at a time of rapidly growing crypto interest.

“The opportunity set of publicly traded, pure-play digital transformation companies is still young, but has grown in both size and revenues over the last few years,” according to VanEck research. “Despite underlying volatility in digital assets themselves, many publicly traded companies are investing heavily in new business lines to position themselves favorably as digital asset usage and adoption continues to accelerate.”

Investors are already expressing their trust in DAPP. The ETF is just two weeks old and already has about $18 million in assets under management. That’s an impressive start for any rookie ETF, particularly one addressing a still new investment niche.

“The digital transformation is underway. In recent years, digital assets have started to mature, evidenced by increased global adoption by both retail and institutional investors,” adds VanEck. “Against this backdrop, we believe that companies involved in the digital transformation of the global economy represents a long-term structural growth opportunity that is becoming more and more accessible to investors.”

For more news, information, and strategy, visit the Crypto Channel.


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X