The emergence of spot Bitcoin exchange-traded funds (ETFs) has opened up a new avenue for investors to enter the cryptocurrency market without the complexities of managing crypto wallets and navigating exchanges. With a selection of 11 ETFs now trading, investors can easily put Bitcoin (CRYPTO: BTC) into their portfolios through their regular brokerages.

Despite my longstanding belief that the best way to invest in Bitcoin is by straightforwardly purchasing the actual cryptocurrency, I recently found myself buying shares of one of these new Bitcoin ETFs. While holding Bitcoin directly allows for personal custody and round-the-clock trading, there are compelling reasons for some investors to consider one of these ETFs.

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Source Fool.com