The arrival of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) is a complete game changer. Not only do they legitimize Bitcoin, but they also provide a new means for investors seeking exposure to the cryptocurrency.

Previously, buying Bitcoin meant going through a cryptocurrency exchange, which could be a challenging task for those not proficient with technology. However, with the introduction of ETFs, investing in Bitcoin is as simple as buying stocks of your favorite company, effectively democratizing access to the cryptocurrency.

While the Bitcoin ETFs have already proven to be one of the most successful launches in ETF history, you won't see me buying them. Here's why.

Continue reading

Source Fool.com