Two Bitcoin ETFs offer exposure to cryptocurrency and financial innovation, suitable for cashless future believers.

From NASDAQ
September 24, 2024 10:13 AM:

Looking to invest in Bitcoin and cryptocurrencies? Consider buying exchange-traded funds (ETFs) like the iShares Bitcoin Trust (NASDAQ: IBIT), which holds over $22 billion in assets with 100% in Bitcoin and Coinbase as its custodian. The 0.25% expense ratio makes it easier and less taxing than buying Bitcoin directly.

For those interested in Bitcoin innovation, the Ark Fintech Innovation ETF (NYSEMKT: ARKF) offers exposure to crypto-adjacent businesses like Coinbase and Block. With a higher 0.75% expense ratio, it’s still a solid choice for actively managed exposure to cryptocurrency and financial technology innovation.

You don’t need crypto exposure in your portfolio, but if you believe in a cashless future, consider investing in these ETFs. The volatile nature of Bitcoin and related businesses may not be for everyone, but those bullish on Bitcoin’s future mainstream adoption could find value in these investment vehicles.

Consider all options before investing in the iShares Bitcoin Trust, as it may not be included in the 10 best stocks identified by the Motley Fool Stock Advisor team. Historically, their picks have outperformed the S&P 500, offering a proven blueprint for success in the market. Make an informed decision based on your investment goals and risk tolerance.

Read more at Nasdaq: Want Cryptocurrency Exposure? Here Are 2 Bitcoin ETFs You Can Buy Right Now