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Is the Grayscale Bitcoin Trust ETF a Millionaire Maker?

TheMotleyFool

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Is the Grayscale Bitcoin Trust ETF a Millionaire Maker?: https://g.foolcdn.com/editorial/images/777778/bitcoin-tokens.jpg

Exchange-traded funds (ETFs), or groups of individual stocks trading under a single ticker symbol, are meant to simplify investing. A few ETFs can diversify your investments in minutes, versus spending gobs of time screening and selecting dozens of individual companies to trust your money with.

In cryptocurrency, the Grayscale Bitcoin Trust ETF (NYSEMKT: GBTC) can take much of the work out of owning Bitcoin (CRYPTO: BTC).

But what's the point of owning a Bitcoin ETF instead of just Bitcoin? The cryptocurrency has proved it can make investors millionaires. Can this ETF do the same?

Source Fool.com

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