If you are deciding to invest in crypto, the best way forward is either owning the asset, ie; buying BTC or ETH directly. Or doing derivativeS like options or perpetual swaps.
Other than these 2 options, the risk in investing in a miner or ETF is kinda high risk low returns.
I myself do own a miner that mines $HNT tokens and have been mining for more than a year. This allow me to take advantage of the low concentration of miners and get as much rewards as possible which I already broke even with my miner.
Entering the mining space now poses 2 main risk.
1) Cost of miner is very high now. Which means harder to ROI or break even.
2) Too many miners around = harder to get rewards.
If you are looking to invest in the ETF, do remember that the ETF tracks the asset class. There is management fees involved as well.
But if you purchase the asset, you also stake the ETH to get some yield. Like on a DeFi platform, it allows you to earn 2-4% on your ETH holdings.
If DeFi isn't something that you are comfortable with, Centralized Exchanges (CEX) like CoinBase allows you to stake ETH to earn some yield as well!
Personally, I feel that owning the asset will be much better than buying a miner or ETF.
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