Crypto ETFs are The Top European Exchange Traded Products in October – Morningstar

Crypto ETFs are The Top

Cryptocurrency ETFs took all the top 20 spots as the best performing European exchange-traded products in October. Natural gas and Brazilian ETFs ranked among the lowest.

SIX Swiss Exchange’s SEBA Polkadot ETC topped the list driven by DOT’s price, which rose from $5.88 in November 2020 to $51.76 in the same month this year. 

Ethereum and Bitcoin occupied the second and the third spots, respectively, with ETH attaining a new ATH of $4,700 amid the Altair upgrade. Bitcoin futures benefited from the launch of futures ETF in the US.

First Trust Nasdaq® Clean Edge® Green Energy UCITS ETF ranks as the first ETF with no interest in crypto at position 35, having gained between 15% and 24% in October.

BNP Paribas’ HENRY HUB ERDGAS ETC lost 10.04% due to the drop in gas prices. In comparison, the Brazilian equity fell 22% over the impact of an economic slowdown in China that has affected Brazil.

Source: Morningstar

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