Are There Any Bitcoin Stocks Worth Buying?

When the dust finally settles and the calendar changes over to 2018, investors are likely to look back on 2017 as the year of the cryptocurrency. Having begun the year with a $17.65 billion aggregate valuation, the market cap of all cryptocurrencies combined reached $199.37 billion as of Nov. 4. That's a year-to-date return of 1,030%. To put this in some context, it's taken the broad-based S&P 500 decades to return more than 1,000%, but the average digital currency has done so in roughly 10 months.

Leading the way, even though it's "underperformed" its digital peers this year, is bitcoin. After beginning the year below $1,000 per coin, bitcoin recently surged as high as $7,500, marking a gain through the first 10 months and four days of roughly 675%. Its current market cap of $122 billion comprises more than 60% of the aggregate market cap of the nearly 1,200 virtual currencies, and it's left investors wondering if bitcoin stocks could be the next hottest thing.

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Source: Fool.com