Better Buy: iShares Bitcoin Trust or Actual Bitcoin Tokens?
All of a sudden, investors have access to exchange-traded funds (ETFs) tracking the real-time value of Bitcoin (CRYPTO: BTC). American regulators finally approved 11 applications for Bitcoin-tracking ETFs, opening a whole new type of digital asset investments.
Maybe you haven't dipped your toes in the unpredictable cryptocurrency waters yet, but you're thinking about your first Bitcoin investment. Should you dive into the deep end with a direct buy of Bitcoin tokens, or is a robust ETF like the iShares Bitcoin Trust (NASDAQ: IBIT) a better choice?
The answer, of course, is that it depends on your needs and preferences. Let me walk you through the pros and cons of these two options for Bitcoin exposure.
Source Fool.com
