Bitcoin has bounced back in the past couple of weeks. Since Aug. 19, the world's most valuable digital ******* et has seen its price surge 21% (as of Sept. 1). The bulls have been waiting for some positive momentum, as Bitcoin was trading below $70,000 for about two and a half months.
U.S.-based investors that want exposure to the top cryptocurrency in an accessible, convenient, and regulatory-compliant way can pick between the many different spot exchange-traded funds (ETFs). But how do you choose just one from this long list?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I believe the iShares Bitcoin Trust (NASDAQ: IBIT) is the best choice. Here's why.
The first reason this is the leading option is that it's by far the largest spot Bitcoin ETF out there. As of Sept. 1, the iShares Bitcoin Trust had $61.4 billion in net ******* ets. This huge sum puts it significantly ahead of the next biggest ETF, which is the Fidelity Wise Origin Bitcoin Fund, which has less than 25% of the net ******* ets compared to its rival. The market is clearly voting, as indicated by where it's directing its capital, that the iShares Bitcoin Trust is the best Bitcoin ETF.
#spot
U.S.-based investors that want exposure to the top cryptocurrency in an accessible, convenient, and regulatory-compliant way can pick between the many different spot exchange-traded funds (ETFs). But how do you choose just one from this long list?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I believe the iShares Bitcoin Trust (NASDAQ: IBIT) is the best choice. Here's why.
The first reason this is the leading option is that it's by far the largest spot Bitcoin ETF out there. As of Sept. 1, the iShares Bitcoin Trust had $61.4 billion in net ******* ets. This huge sum puts it significantly ahead of the next biggest ETF, which is the Fidelity Wise Origin Bitcoin Fund, which has less than 25% of the net ******* ets compared to its rival. The market is clearly voting, as indicated by where it's directing its capital, that the iShares Bitcoin Trust is the best Bitcoin ETF.
#spot
2 months ago
