Why Invest In Bitcoin ETFs Like IBIT And FBTC?
Investors may wish to invest in bitcoin in the first place, because of its strong performance, returning 47,116.2%% over the last 10 years and 997.9%% over the last 5 years. Depending on who you ask, bitcoin can serve as a promising speculative asset, an alternative store of value to the fiat currency like gold or a currency as it can serve as a means of exchange. A bitcoin ETF is most suitable for investors who wish to gain exposure to bitcoin as a speculative asset, earning a potential return from the asset’s growth.
Bitcoin Spot ETFs like IBIT and FBTC allow investors to invest in bitcoin’s price movements through traditional brokerage accounts without needing to store bitcoin assets themselves. These ETFs provide liquidity, regulatory oversight, and simple trading alongside stocks, bonds and other funds in your portfolio.
For investors who only wish to invest in bitcoin and not in other cryptocurrencies like Ethereum or Solana from their existing brokerage account, bitcoin ETFs like IBIT and FBTC are a good solution, rather than a cryptocurrency exchange like Coinbase.