The definitive list of non-crypto crypto investments.
With the influx of crypto users, I decided to make a list of crypto options if you aren’t interested in setting up a wallet or using a crypto exchange.
Exchanges and wallets like Binance, Coinbase, metamask and Kracken aren’t the only way one can invest in crypto.
There are many companies on the stock exchange that you can invest in that move very closely to the major crypto currencies like bitcoin.
Some of the crypto stocks have more than 100x’d this year alone. Not only can you buy shares, but you can also trade options (puts or calls). This can enable you to hedge, make money on your holdings, or just play the lotto.
Only negative is that the crypto market is open 24/7 while the stock market is only open Monday thru Friday 9:30am EST to 4:30pm. So day trading, or swing trading, can be risky.
Here is a list of all the main companies you can invest in
MSTR (MicroStrategy) – The company provides business intelligence, mobile software, and cloud-based services. It has also been one of the early adopters of Bitcoin as a corporate reserve asset.
GBTC (Greyscale Bitcoin Trust) – They might sound like an exchange-traded fund, but technically, it isn't. It works similarly to one. It's modeled on trusts such as the SPDR Gold Trust (GLD), which represent real, physical holdings of the underlying commodity (in this case crypto). You can go in your brokerage account and buy shares of GBTC just like you would GLD.
RIOT (Riot Blockchain Inc) – The company focuses on bitcoin mining, supporting the bitcoin blockchain by participating in Bitcoin’s consensus system through proof-of-work mining, racing to find the next block, and building upon the chain.
MARA (Marathan Digital Holdings) – Marathon is a digital asset technology company that mines cryptocurrencies, with a focus on blockchain ecosystem and the generation of digital assets.
EBON (Ebang Internation Holdings) – second largest manufacturer of miners, they are opening an exchange and beginning mining too.
SOS (SOS Limited) – Once an unprofitable Chinese financing company that went all in on ctypti mining. Supposedly has over 15k mining rigs but has been called a fraud.
Non Direct Companies (companies whose main focus isn’t crypto currency, but they do have a significant amount of crypto holdings)
TSLA (Tesla) – Elon Musk is a huge crypto fan. With Tesla now accepting bitcoin as a payment method AND buying bitcoin as a corporate reserve asset, TSLA could grow even more if the market continues to go up.
PYPL & SQ (PayPal & Square) – Both companies have ebabled its users to purchase, trade and sell bitcoin, ethereum, litecoin and other crypto currencies. It is said that these two companies are already buying more than 100% of all newly-issued bitcoins.
V & MA (Visa & MasterCard) – If consumer adoption of digital currency starts to rapidly escalate, then digital transaction networks such as Visa and Mastercard are ready to benefit because they already operate the infrastructure necessary to support the large-scale virtual movement of money.
NVDA & AMD (Nvidia & AMD) – These two companies don’t deal with cryptocurrency directly, but these they are the leading designers of graphics processing units (GPUs).
CRM (Salesforce) – is a cloud-based software company focused on customer relationship management. They also are heavily invested in blockchain.
ARKK (ARK ETF) – Headed by Cathie Wood, this ETF has a major stake in crypto.
OSTK (Overstock) – Overstock wants to be more than just an also-ran in online retail. To jump-start growth, it is investing heavily in blockchain technology, the digital ledger that keeps records of transactions in virtual currencies.
CAN (Canaan) – essentially builds the mining rigs users need to mine crypto currency.
CME (CME Group) – At the end of 2017, CME established the first market for bitcoin futures, and at the start of 2020, the company created a market for options on bitcoin futures. Starting in February, 2021, Ether (units of the crypto asset Ethereum) futures will also be available on the exchange.
IBKR (Interactive Brokers Group) – Just like CME Group? IBKR offers bitcoin futures.
BLCN (Siren Nasdaq NexGen Economy ETF) – This ETF aggregates companies from a variety of sectors that research, develop and support blockchain technology.
BLOK (Amplify Transformational Data Sharing ETF) – The fund has a narrow focus for the companies under its umbrella: 80% of the ETF's net assets are invested in companies that actively develop and utilize blockchain technology. Giv
A Few Penny Stocks (If you’re feeling risky) BITCF, KTPPF, MGTI, BIGG, GAHC, MLER, DIGAF, BLPFF, SLXXF
If I missed any let me know and I’ll add them to the list!
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