Crypto ETFs and Exchanges
You can own crypto directly on an exchange, or indirectly through funds and stocks. Each path has different costs, protections and risks. Here is how they compare.
Three ways to get exposure
| Crypto exchange | Spot crypto ETF | Crypto-related stocks | |
|---|---|---|---|
| What you own | The coins (or a claim on them) | Fund shares holding coins | Shares of companies |
| Account | Exchange account | Normal brokerage or IRA | Normal brokerage or IRA |
| Trading hours | 24/7 | Stock market hours | Stock market hours |
| Main risk | Exchange failure, hacks | Fund fees, price swings | Business risk plus crypto swings |
General comparison.
Unlock all of Investing School
The rest of this lesson, its chart examples and quiz are part of Investing School. Start free with Stock Market Fundamentals and the first lesson in every category.