Why New Bitcoin ETFs Could Be the Riskiest Crypto Plays Yet
Bitcoin has never been more popular. Momentum-seeking investors have sought ways to take advantage of the cryptocurrency revolution, and the advent of bitcoin futures from established exchanges has given some investors a way to bet on bitcoin's success that they never had before. Still, countless investors remain on the sidelines, hoping for a more familiar-looking investment that will give them exposure to the cryptocurrency market.
Now, it looks like investors might get their wish. A recent move to make two bitcoin-related exchange-traded funds (ETFs) available to the general public could be the game-changer that invites a surge in interest in investing in the cryptocurrency. Yet the risks involved with these vehicles could be dramatically higher than even existing ways to bet on bitcoin's success, and ETF investors will need to be careful in evaluating whether bitcoin ETFs belong in their portfolios.
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Source: Fool.com
