Bitcoin ETFs: A New Era of Cryptocurrency Investing
The SEC's Approval of 11 Bitcoin ETFs
Last week, the Securities and Exchange Commission (SEC) gave the green light to 11 Bitcoin ETFs, marking a significant milestone in the cryptocurrency's journey to mainstream adoption. These ETFs provide investors with a regulated and convenient way to gain exposure to Bitcoin, without the need to purchase and store the cryptocurrency directly.
Seven Pure-Play Bitcoin ETFs to Consider
With the SEC's approval, several pure-play Bitcoin ETFs have emerged, offering direct or indirect exposure to the cryptocurrency. Here are seven of the most notable options:
- ProShares Bitcoin Strategy ETF (BITO)
- VanEck Bitcoin Strategy ETF (XBTF)
- Invesco Bitcoin Strategy ETF (BTO)
- Grayscale Bitcoin Trust (GBTC)
- Purpose Bitcoin ETF (BTCC)
- Defiance Bitcoin ETF (BTTX)
- Siren Bitcoin ETF (SBTC)
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