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2 Bitcoin ETFs to Buy With $100 and Hold Forever

2 Bitcoin ETFs to Buy With $100 and Hold Forever


Published on 2025-02-16 16:21:17 - MSN
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  • Investing in Bitcoin is a bit risky, considering that real-world uses for the digital token are still limited, and its price can be very volatile. But Bitcoin continues to gain more widespread acceptance among investors,

The article from MSN Money discusses the potential of Bitcoin Exchange Traded Funds (ETFs) as a way for investors to gain exposure to Bitcoin without directly owning the cryptocurrency. It highlights two Bitcoin ETFs that could be considered for long-term investment with an initial investment of $100. The first is the ProShares Bitcoin Strategy ETF (BITO), which tracks Bitcoin futures contracts rather than the spot price of Bitcoin, offering a way to invest in Bitcoin's price movements without the need for a crypto wallet. The second is the Valkyrie Bitcoin Miners ETF (WGMI), which focuses on companies involved in Bitcoin mining, providing indirect exposure to Bitcoin's price through the performance of mining companies. The article suggests that these ETFs could be held indefinitely due to Bitcoin's potential for growth and its increasing acceptance as a legitimate asset class, although it also notes the inherent risks and volatility associated with cryptocurrency investments.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/other/2-bitcoin-etfs-to-buy-with-100-and-hold-forever/ar-AA1z9O92 ]
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