The 3 Best Bitcoin ETFs for Aggressive Crypto Investors
From Nasdaq:
1. Following the approval of Bitcoin spot ETFs, the coin’s value has dropped 6% despite initial excitement. There is speculation that large institutions buying large amounts of Bitcoin may lead to network splits, while others see the ETFs bringing new liquidity to the market. The long-term impact on the price remains to be seen.
2. Bitwise Bitcoin ETF is often cited as one of the best Bitcoin ETFs due to its low management fee of 0.20%, waived assets under management still under $1 billion, and its partnerships with Coinbase and KPMG. It also plans to donate 10% of its profits to Bitcoin open-source development.
3. Valkyrie Bitcoin Miners ETF (WGMI) offers a more aggressive option for growth-oriented Bitcoin investors, investing in companies directly involved in the mining process, which can amplify gains and losses. It holds positions in companies such as Iris Energy and Riot Platforms, with a management fee of 0.75%.
4. Simplify Bitcoin Strategy PLUS Income ETF (MAXI) combines Bitcoin’s growth potential with options strategies to generate income, achieving this through futures contracts and selling options. It offers an annual dividend yield of 28.29% and a large expense ratio of 11.18%, providing an alternative method for exposure to Bitcoin’s price movement.
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