14.12.2024 11:24:00

Still on the Fence About Cryptocurrency? This Exchange-Traded Fund Could Be Perfect for You

Even with Bitcoin (CRYPTO: BTC) soaring to a new all-time high above $100,000, it's easy to understand why many people are still on the fence about cryptocurrency. The crypto market is notorious for its volatility, and the price of Bitcoin can gyrate wildly on a day-to-day basis.However, if you are willing to accept the inherent volatility of crypto, the iShares Bitcoin Trust (NASDAQ: IBIT) might be perfect for your portfolio. In a very short time, it has become the most popular way for investors to get exposure to Bitcoin and now ranks among the top 1% of all exchange-traded funds (ETFs) in terms of assets under management.The iShares Bitcoin Trust is one of the nearly dozen spot Bitcoin ETFs that were launched at the beginning of the year. Since it is part of the iShares family of ETFs from BlackRock, you can buy and sell it just like any other iShares ETF.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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