Bitcoin ETF – How to Invest in Bitcoin and Other Cryptocurrencies

So how can you take advantage of Bitcoin’s rise in the world economy? What is the best and easiest way to get exposure to cryptocurrency in your portfolio? Is there a Bitcoin ETF? 

How to Invest in Bitcoin and Other Cryptocurrencies

Bitcoin Basics

Bitcoin was a novel concept in that it was an entirely digital peer-to-peer currency. That means that it could facilitate payments between two people instantaneously without a third party (such as a bank) in the middle. The Bitcoin cryptocurrency relies on a system of decentralized nodes that record all transactions on a blockchain.

Is Bitcoin a Good Investment?

A single Bitcoin was trading at around $5 at the beginning of 2012. As of this writing, Bitcoin is hovering around $40,000 – 8000x what it was worth nine years ago. Even if you had invested $10,000 at the beginning of 2020, you’d have averaged making $200 a day since then

How can you invest in Bitcoin?

Unfortunately, Bitcoin still has not reached universal acceptance by Wall Street and its regulators. Currently, in the U.S., there is no such thing as a Bitcoin ETF because it is not legally allowed. However, many experts see it as a question of not if, given its rising popularity, but when regulators would work out the kinks to offer a full-fledged Bitcoin ETF.

Bitcoin ETF: The Final Word

Is there a Bitcoin ETF? That is one of the most-searched terms in the world of Bitcoin. While the answer to that is currently “no,” there are encouraging signs that may soon change.

Read more to find out about Bitcoin ETF's