Summary: iShares Bitcoin Trust ETF is a popular option for investing in Bitcoin through an ETF.

From Nasdaq

August 29, 2024 07:17:00 AM:

Cryptocurrencies like Bitcoin have created millionaires and continue to gain popularity. Buying Bitcoin is easier now with the introduction of 11 spot Bitcoin exchange-traded funds (ETFs) by the SEC. The iShares Bitcoin Trust ETF is the largest and most popular option, currently managing $22.7 billion in assets, backed by BlackRock. This fund can help you invest in Bitcoin but returns will depend on various factors like investment size, time, and adding more funds over time. Investing in the iShares Bitcoin Trust ETF may not make you an instant millionaire, but with time and patience, it can potentially lead to significant returns. The Motley Fool Stock Advisor team does not currently recommend iShares Bitcoin Trust, instead suggesting other stocks for potentially higher returns. *Investing in the iShares Bitcoin Trust ETF involves risk and potential loss of capital.

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