The NFT-ETF reflects these values
The underlying values, the overall development of which is mapped by the NFT-ETF, are the Blockchain Select Index and the BITA NFT. The NFT ETF includes shares in companies that are active in areas such as cryptocurrencies, blockchains or NFT. The stocks included in the index therefore include not only exchanges like Coinbase, but also tech companies like Cloudflare and neo-brokers like Robinhood. The ETF also contains stocks from companies such as the auction platform eBay or providers of their own NFT collections.
Both investors and crypto enthusiasts have high hopes for the new NFT ETF. Index funds are an exciting option for anyone who wants to participate in the crypto art trend without having to buy NFT themselves. Although NFTZ is not available on German stock exchanges, it can be assumed that providers such as Vanguard, Lyxor or iShares offer comparable products.