If you’re looking to invest in Ethereum, you may be wondering if you can do so through SoFi. Unfortunately, at this time, SoFi does not offer the ability to purchase Ethereum directly.
However, there are still a few ways that you can indirectly invest in Ethereum through SoFi.
One way to indirectly invest in Ethereum through SoFi is to purchase a cryptocurrency ETF. Cryptocurrency ETFs are traded on traditional stock exchanges and track the performance of a basket of assets.
Some popular cryptocurrency ETFs that track Ethereum include the Bitwise 10 Private Index Fund and the Grayscale Ethereum Trust.
Another way to indirectly invest in Ethereum through SoFi is to purchase a traditional stock or ETF that has exposure to the cryptocurrency. For example, the Amplify Transformational Data Sharing ETF has exposure to companies that are “leveraging the power of blockchain technology to disrupt and transform a variety of industries.
” While this ETF does not have direct exposure to Ethereum, it does provide indirect exposure that can be beneficial for investors looking to get involved in the cryptocurrency space.
At this time, SoFi does not offer direct investment into Ethereum. However, there are still a few ways that investors can get indirect exposure to the cryptocurrency through SoFi.
Cryptocurrency ETFs and traditional stocks and ETFs with exposure to blockchain technology are two popular options.