Are there cryptocurrencies linked to the stock market like ETFs?

Status
Not open for further replies.

EliasIT

Fake user - Alias of JohnLocke
Dec 10, 2010
2,154
0
161
I'm wondering if there's something similar to what has been done with ETFs for crypto, where there are crypto coins that are tied to the stock market. Maybe something like how PAXG is based on gold.

Does anyone know if this exists?

Toggle signature
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
 
That's a really interesting question, and if something like that exists, I’d be ready to‌ invest 10-20K in it as well.
 
Tokenized stocks and some ETFs were offered by Binance and FTX back in⁠ 2020/2021 but the product was rather quickly terminated by Binance and FTX went bust.

Atm for what I know theres nothing of the sort being offered around (at least that⁤ has any volume that makes sense)

Im confident the SEC doesnt like it at all⁣ hence why Binance pulled fast like a 15 yo w his first girlfriend.
 
Are there other forms of investments one can make in crypto where the likelihood of‌ loss is in the same class as if one were investing in the top 25‍ companies, for example, in the USA or Germany?

That is, if one does not want⁠ to invest directly in stocks?
 
Yes - but problem is when there’s a underlying RWA and the questions on regulatory‌ changes - you might end up holding the bag on a forced redemption into Fiat/Stable/Underlying‍ asset

Happened to our partners and our organization previously with a 25% haircut as we⁠ couldn’t hold the underlying without a EU subsidiary vehicle due to EU laws on the⁤ underlying asset

Now when it comes to other markets it can get even more tricky⁣ especially with the US.

Also there’s liquidity issues

Besides you can earn a decent enough⁢ yield in stables, a decent yield and gradual price rise in ETH, Sol etc you︀ can even earn yield on BTC with Thor etc
 
What stables would you suggest and how would you⁠ make money from them ?
 
Nice website / tool to get a better picture of any given crypto you want to‌ invest in.
 
Noted that Base APY‌ column is the one that matters.

DeFi vs CeFi custody/risks differ and there are pros‍ and cons for each.

However I found much better and long-lasting stablecoins yields on CEX/crypto⁠ platforms like Nexo that offers 10%-16% pa.
 
You mean this website?
https://cex.io/
How complicated are‌ they to get approved for and what KYC is required?

Sorry stupid question, when you‍ say Nexo does this means you have to apply for another platform if you want⁠ to invest then ?
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu