Still Not Ready to Buy Bitcoin? Invest in These Stocks Instead

Bitcoin (CRYPTO: BTC) has been on a remarkable run to start the year, up 65.93% year to date. But, as any crypto investor knows, investing in Bitcoin always comes with tremendous volatility and risk. Even the faintest hint of future Federal Reserve rate hikes can send the price of Bitcoin tumbling, and many investors are still hesitant about putting their funds in a crypto that collapsed by 65% last year.

So with that in mind, the goal is to find stocks that are correlated with the price of Bitcoin, but that may provide more safety and less risk than investing in crypto directly. These stocks are typically held by exchange-traded funds (ETFs) specializing in blockchain and crypto and thus are fairly easy to find and analyze.

With that in mind, here are three stocks that could benefit from the recent Bitcoin rally.

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Source Fool.com