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This Bitcoin Investment Could Give Crypto Investors a Double-Win

TheMotleyFool 
0 0 11.12.23
This Bitcoin Investment Could Give Crypto Investors a Double-Win: https://g.foolcdn.com/editorial/images/757716/bitcoin-gettyimages-637337694.jpg
 

Cryptocurrency markets have been volatile in recent years, with the crypto winter crushing Bitcoin (CRYPTO: BTC) and many of its digital asset peers in 2022. However, Bitcoin has bounced back with a vengeance, and crypto investors are now pouring back into the market to take advantage of what they hope will be a sustained rebound in prices in the sector.

Part of what's fueling speculation about a long-term rise for Bitcoin is the prospect for the U.S. Securities and Exchange Commission to approve an exchange-traded fund that owns Bitcoin directly. Such a fund could have advantages over the current futures-based ETFs that are currently available.

But there's actually a fund that exists currently that owns spot Bitcoin. Grayscale Bitcoin Trust (OTC: GBTC) has been around for years, and although it hasn't gotten regulatory approval from the SEC to be a true ETF, investors are increasingly optimistic that it could do so in the near future. If that happens, then early investors could actually get an unexpected double win.

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Source Fool.com

Osaka Titanium Technologies Stock

€14.20
-2.070%
A loss of -2.070% shows a downward development for Osaka Titanium Technologies.

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