The SEC recently approved several spot Bitcoin exchange-traded funds (ETFs), leading to a surge in investments. BlackRock's iShares Bitcoin Trust ETF (IBIT) is considered one of the top choices for investors due to BlackRock's size and track record, as well as the fund's competitive pricing and institutional backing. IBIT also benefits from a partnership with Coinbase for ease of access. Since its launch, IBIT has performed relatively well, with a 55.67% increase in value. Bitcoin itself has seen a 58.95% increase since the start of IBIT.
- Content Editor ( finbold.com )
- 2024-10-25
If I could Invest $1,000 in any Bitcoin ETF, it would be this one