Bitcoin is on another spectacular run. During the past six months, its price has increased by more than 160%.

But let's forget about Bitcoin for just a moment. It's not that you shouldn't own the most well-known cryptocurrency in the world. There are hundreds of reasons why owning Bitcoin is likely a smart investment.

There are, however, other ways you can bet on the rise of Bitcoin. These alternative investments can help you diversify your exposure without sacrificing enormous growth potential.

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Source Fool.com