2 exciting ASX ETFs to buy and hold for 10 years

These ETFs appear well-positioned for growth over the 2020s.

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If you're looking to invest in exchange-traded funds (ETFs) in 2024, then it could be worth considering the two listed below.

These ETFs are popular with investors and it isn't hard to see why. Here's why they could be great long-term options:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX ETF for investors to consider is the BetaShares Global Cybersecurity ETF. This ETF gives investors access to the leading companies in the global cybersecurity sector.

As we have seen over the last couple of years with the high-profile Optus and Medibank Private Ltd (ASX: MPL) cyberattacks, cybersecurity is becoming incredibly important for businesses. With sensitive information being accessed by hackers, these two companies have been dealt major reputational and financial damage.

This is good news for the companies included in the fund which stand to benefit greatly from increased demand. This includes Accenture, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another ASX ETF for investors to consider is the VanEck Vectors Video Gaming and eSports ETF.

This tech ETF gives investors access to a portfolio of the largest companies involved in video game development, hardware, and esports. This is an industry benefiting from an estimated ~3 billion gamers globally, which is more than active Apple phones and Netflix subscriptions combined.

It is also an area of the market which is expected to increase materially this decade. For example, according to Statista, the global video game market is projected to reach revenue of US$249.6 billion in 2023 and then grow at an annual rate of 9.32% through to 2028, resulting in a projected market value of US$389.7 billion.

This bodes well for the companies included in the fund such as graphics processing unit developer Nvidia and gaming giants Electronic Arts, Nintendo, Roblox, and Take-Two.

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 Accenture Plc, Apple, BetaShares Global Cybersecurity ETF, Cloudflare, CrowdStrike, Netflix, Okta, Palo Alto Networks, Roblox, and Take-Two Interactive Software. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Electronic Arts and Nintendo and has recommended the following options: long January 2025 $290 calls on Accenture Plc and short January 2025 $310 calls on Accenture Plc. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended Apple, CrowdStrike, Netflix, Okta, and VanEck Vectors Video Gaming And eSports ETF. 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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