Written by Amy Legate-Wolfe at The Motley Fool Canada
Cryptocurrency investors woke up with smiles on their faces this week, as Bitcoin (CRYPTO:BTC) surged to a two-year high. The crypto coin exceeded US$57,000 for the first time since November 2021.
The climb in price comes from a number of factors, ranging from institutional buying and optimism about regulations to overall positive market sentiment.
Still, it’s far off from the all-time highs we saw before when many believe it was headed for US$100,000. Plus, it’s expensive, as you can tell. So, in this case, it might be time to consider more diversified options. And these are the three I’d consider if you’re looking at investing in cryptocurrency stocks on the TSX today.
Direct Bitcoin exposure
If you want direct Bitcoin exposure from your cryptocurrency stocks, then I’d look at Purpose Bitcoin ETF (TSX:BTCC). The exchange-traded fund (ETF) offers
