CandleFocus Spot Bitcoin ETFs vs MicroStrategy, What's A Better BTC Proxy Bet?
2024-10-15
Author: Content Editor
In October, the spot Bitcoin ETFs experienced a significant increase in investment inflows after a slow start to the month. On Monday, these ETFs received $555 million in inflows, acquiring 8,359 Bitcoins from the market. This occurred as US stock indices showed strength and positive economic factors improved. Some investors believe that Bitcoin ETFs are a preferable option for gaining exposure to Bitcoin compared to investing in MicroStrategy, as the latter holds a large amount of Bitcoin with a high valuation of $15.5 billion.
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