Moneta Markets is broadening its investment offering by adding six new crypto exchange-traded funds (ETFs), presenting fresh opportunities for short-term traders. They will be available from 20 February 2024.
Key Takeaways
- Moneta Markets is introducing BITO, BITB, ARKB, BTCO, IBIT, and GBTC to its roster of 50+ ETFs.
- They will be available on the MT4 and MT5 desktop and mobile platforms.
- The new crypto ETFs can be traded with 1:1 leverage.
| Contract | |
|---|---|
| BITO | ProShares Bitcoin Strategy ETF |
| BITB | Bitwise Bitcoin ETF |
| ARKB | ARK 21Shares Bitcoin ETF |
| BTCO | Invesco Galaxy Bitcoin ETF |
| IBIT | BlackRock iShares Bitcoin ETF |
| GBTC | Grayscale Bitcoin Trust ETF |
What Are Crypto ETFs?
Crypto ETFs track the value of one or several digital currencies, enabling traders to bet on their price movements without the need to purchase and store the cryptocurrencies via exchanges.
Similar to conventional ETFs, they are traded on regular stock exchanges and have attracted significant attention from retail investors following the approval of the Bitcoin spot ETF by the US Securities & Exchange Commission (SEC) in January 2024.
About Moneta Markets
Moneta Markets is an online broker, licensed by the ASIC, FSCA, and FSA. Over 70,000 traders have joined the firm to access its more than 1000 instruments, encompassing cryptocurrencies, stocks, indices, commodities, and forex.
Moneta Markets offers a quick sign-up process for new traders, with a $50 minimum deposit and zero transfer fees.
