So you've heard the buzz about NFTs and you're ready to throw your hat — and possibly your entire savings account — into the ring. Welcome to the wild, weird occasionally wonderful world of NFT investing. Whether you're a seasoned trader or someone who just learned what a blockchain is five minutes ago, there are actually some legit ways to get exposure to the NFT market without having to personally bid on a pixelated monkey jpeg. Let's break down the best options for buying NFT-related stocks and investments ranked from "solid move" to "okay really went for it."
One of the smartest ways to get NFT exposure without directly buying a JPEG of a bored ape is to invest in publicly traded companies that are neck-deep in the NFT space. Think of it as ordering the burger without having to raise cow yourself. Companies like Coinbase (COIN), OpenSea-adjacent platforms, and even gaming giants like Electronic Arts have dipped their toes — or fully cannonballed — into the NFT pool Buying shares in these companies means you get indirect exposure to NFT market trends while still having something stockbroker won't laugh at during tax season.
If picking individual stocks feels like choosing your fantasy football lineup blindfolded, ETFs (Exchange-Traded Funds) are best friend. Several metaverse-focused ETFs have popped up that include companies heavily involved in NFT infrastructure Funds like the Amplify Transformational Data Sharing ETF (BLOK) or the Bitwise Crypto Industry Innovators ETF (BITQ) bundle together basket of companies so can spread your risk without having to make any tough decisions before your morning coffee. It's basically the sampler platter of NFT investing, and honestly, sampler platters are almost always right call.
If you're justipping a toe into the NFT investment waters without wanting to dive headfirst into the deep end of actual crypto purchases, investing publicly traded NFT-related companies is the top pick. It gives you real exposure, keeps your assets a familiar regulated environment, and — perhaps most importantly — lets you explain portfolio Thanksgiving dinner without everyone slowly backing away. Start with a diversified approach using ETF to hedgeets, then layer in individual company stocks as get more comfortable. Your future self (and your accountant) will thank you.
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