These are two ways to invest in Bitcoin without buying it directly.
When it comes to investing in Bitcoin (BTC 1.07%) and other cryptocurrencies, there are two main ways to go. You can buy the cryptocurrencies themselves with the hope they go up in value over time, or you can invest in businesses that are involved in the crypto economy or that could benefit from it. With that in mind, here are two exchange-traded funds (ETFs) that can give your portfolio exposure to Bitcoin and related companies without requiring you to buy the digital currency on an exchange or select individual Bitcoin-related stocks.
Should you buy a low-cost Bitcoin ETF instead of owning directly?
Several different ETFs own Bitcoin, but the iShares Bitcoin Trust (IBIT 0.82%) is by far the largest, with more than $22 billion in assets. Virtually 100% of the fund’s assets are in the form of Bitcoin, and Coinbase (COIN 0.20%) is the ETF’s custodian.
The fund aims…
