2 excellent ETFs for investors to buy in May

ETF in written in different colours with different colour arrows pointing to it.

ETF in written in different colours with different colour arrows pointing to it.

Are you looking for exchange traded funds (ETFs) to buy? If you are, then you may want to look at the two ETFs listed below that are popular with ASX investors.

Here’s why they could be worth getting better acquainted with:

BetaShares Crypto Innovators ETF (ASX: CRYP)

The first ETF for investors to look at is the BetaShares Crypto Innovators ETF. As its name implies, this ETF gives investors exposure to the cryptocurrency industry.

Though, rather than giving investors direct exposure to coins, it provides access to the companies propping up the industry. These companies include mining equipment manufacturers, trading platform providers, and even bitcoin and other cryptocurrency miners.

Among the shares you’ll be owning a slice of are crypto mining hardware manufacturer Canaan, crypto trading platform Coinbase, crypto bank Silvergate, and crypto mining company Riot Blockchain.

In respect to Coinbase, it is a leading trading platform that boasts that approximately 89 million verified users, 11,000 institutions, and 185,000 ecosystem partners in over 100 countries that trust it to invest, spend, save, earn, and use crypto.

BetaShares Global Cybersecurity ETF (ASX: HACK)

A second ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF.

With the cyber threat increasing each year, spending on cybersecurity services is predicted to increase to almost US$250 billion by 2023. This bodes well for the companies included in the HACK ETF, which are working to reduce the impact of cybercrime globally.

Among the companies you’ll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, and Splunk.

CrowdStrike provides the popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred.

The post 2 excellent ETFs for investors to buy in May appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BETA CYBER ETF UNITS and Betashares Crypto Innovators ETF. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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