Bitcoin ETFs are exchange-traded funds that aim to track the price of bitcoin. They provide investors with exposure to the cryptocurrency without having to buy or store it themselves.
Bitcoin ETFs are still relatively new and there are only a handful of them available.
The first bitcoin ETF was launched in Canada in February 2018. Since then, several more have been launched in Europe and the US.
The choice of which bitcoin ETF to invest in depends on factors such as where the ETF is listed, what type of assets it tracks, and its fees.
The best bitcoin ETF for you will depend on your investment goals and preferences. If you want exposure to bitcoin without having to worry about buying and storing it yourself, then a bitcoin ETF could be a good option.
However, there are a limited number of options available and fees can be high. Do your research and speak to a financial advisor before investing.