What are the benefits of investing in a Bitcoin ETF?

An ETF allows you to gain exposure to BTC within your budget, risk tolerance, and investing goals. Perhaps most importantly, ETFs are much better understood across the investment world than cryptocurrencies. Even as digital coins and tokens become increasingly popular, they are becoming more complex.

What are some of the risks associated with investing in a Bitcoin ETF?

One of the most significant obstacles for average investors is price. Bitcoin (BTC) set a record high of close to $69,000 per BTC shortly after the Proshares Bitcoin ETF was listed on the NYSE. Over the new few months, its price began to drop, hitting close to $35,000.

What are Bitcoin ETFs?

A Bitcoin ETF is an exchange-traded fund comprised of bitcoin or assets related to Bitcoin's price. They are traded on a traditional exchange instead of a cryptocurrency exchange. Theoretically, bitcoin is purchased by the company, securitized, and sold or traded on an exchange.