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Buy crypto ETFs and ETNs

Cryptocurrencies, or cryptos for short, were once a niche asset class but have become an increasingly popular investment in recent years. As the crypto market has grown, there have become more ways to invest in it.

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Investing in crypto trackers with DEGIRO

At DEGIRO, instead of directly buying cryptocurrencies, you can invest indirectly through trackers, such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs). Please note: Investing in crypto trackers comes with high risk and we advise you to only invest in financial products that match your knowledge and experience.

We offer a wide selection of crypto trackers, the majority of which are ETNs. We also offer crypto ETFs; however, they track blockchain-related indices but not cryptocurrencies directly.

These are examples of crypto trackers from the four biggest issuers (VanEck, Coinshares, Wisdom Tree & 21Shares) based on fund size:

ISIN/WKN Product name Underlying Issuer
DE000A28M8D0 Vectors Bitcoin ETN Bitcoin VanEck
GB00BLD4ZL17 CoinShares Physical Bitcoin Bitcoin CoinShares
GB00BJYDH287 WisdomTree Bitcoin Bitcoin WisdomTree
CH0454664001 21Shares Bitcoin ETP Bitcoin 21Shares

Product name

ISIN/WKN

Underlying

Issuer

Vectors Bitcoin ETN

DE000A28M8D0

Bitcoin

VanEck

CoinShares Physical Bitcoin

GB00BLD4ZL17

Bitcoin

CoinShares

WisdomTree Bitcoin

GB00BJYDH287

Bitcoin

WisdomTree

21Shares Bitcoin ETP

CH0454664001

Bitcoin

21Shares

The information included here is for informational purposes only and does not provide a recommendation for these types of financial instruments or any individual product mentioned.

Explanation of what cryptocurrencies are, such as Bitcoin and Ethereum.

What are cryptocurrencies?

Cryptocurrencies are a form of digital money that allows payments to be made electronically and function in a similar way to standard currencies that use physical cash. However, unlike standard currencies that can be exchanged physically, cryptocurrencies are only exchanged electronically using lines of computer code. Well-known cryptocurrencies are Bitcoin and Ethereum.

Cryptocurrencies do not have legal tender status. This means there is no legal obligation for them to be accepted. Another big difference between cryptocurrencies and paper currencies is how they are structured. Official currencies are centralised and guaranteed by a central bank that controls their supply. So, for example, the European Central Bank guarantees the euro and controls its supply in the euro area. Cryptocurrencies, meanwhile, are unregulated and decentralised. This means that no central bank guarantees them or controls their supply.

Investing in crypto trackers with low fees

If you are an experienced investor and want to invest in crypto trackers, such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs), our comprehensive platform and low rates makes it easy to do so.

Crypto ETF

€2.00 + €0.50

Currency, connectivity, or external product and spread costs may apply. Find out more on our fees page.

Crypto ETFs and ETNs

ETFs and ETNs are two types of exchange-traded products (ETPs), and they are both designed to track an underlying asset. You may be more familiar with ETFs, which usually track an index or sector. In contrast, ETNs are unsecured debt securities that track an underlying asset. They are similar to bonds, but they do not pay interest payments, and their return is based on the performance of the underlying asset.

Explanation of what crypto ETFs and crypto ETNs are.

Why invest in crypto trackers

There are several advantages of investing in crypto trackers:

You can use your existing DEGIRO account to get your foot in the door of the crypto market. There is no need to set up a crypto wallet or use a crypto exchange.

Crypto trackers are bought and sold on the stock exchange like regular stocks are, making them relatively simple to trade.

Indirect investment helps mitigate third-party account risks such as transferring funds to the wrong account and losing private keys.

A product for experienced investors

Due to the high risk and complexity of crypto trackers, they are not suitable for beginning investors. It is possible to lose your entire investment.

Crypto is a highly speculative investment with the potential for intense price swings. The crypto market is in its very early stages, and prices can be extremely volatile. There are high risks involved when investing in crypto trackers, and it is important to research and understand these products completely and all the risks involved before investing.

Due to their high risk and complexity, crypto trackers are not suitable for beginning investors.

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Best online broker

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Note: Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.

Note:
Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.

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Terms and conditions for the €100 transaction fees offer

If you activate your DEGIRO investment account before the 1st of June 2022, DEGIRO will reimburse your transaction fees up to €100. The following conditions apply to this offer:

  • The offer is valid until the 31st of May 2022.
  • During the offer period, new clients who have activated an account will receive up to €100 in transaction fees reimbursed.
  • The first transaction costs and external handling fees up to €100 within the timeframe until the 30th of June 2022 will be reimbursed.
  • We will reimburse the transaction costs and external handling fees you have spent (up to a maximum of €100) to your DEGIRO account in early July.
  • This offer is only valid for new clients with an Irish DEGIRO account.
  • To be eligible for this offer, the new client needs to make a first deposit to validate the account (minimum deposit is €0.01) and activate their DEGIRO account.
  • New clients who started their registration before the offer period, but activate their DEGIRO account during the offer period, are also eligible for this offer.
  • If an existing account is already linked to the address of the new client, participation is excluded.
  • Each new client can only claim the €100 transaction credit once.

Acceptance of offer conditions

By participating in the offer, the client automatically accepts the offer conditions and terms. DEGIRO may terminate the campaign prematurely or change the campaign conditions. DEGIRO will communicate any changes via the website.

Participation

Participation in the offer is open to all clients who have activated an account at DEGIRO on or before the 31st of May 2022.

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