2 Bitcoin (BTC) ETFs to Buy With $100 and Hold Forever
The price of Bitcoin (CRYPTO: BTC) is back over $100,000. But according to many experts, the run is far from over. Ark Invest CEO Cathie Wood recently reaffirmed her 2030 price target of $700,000. Long term, she believes a single Bitcoin could eventually be worth several million dollars. Every investor should have at least a small exposure to Bitcoin, even if it's just $100. That gives you enough cash to easily buy into the two Bitcoin exchange-traded funds (ETFs) below. Just be careful: The two ETFs below provide very different exposures to Bitcoin and crypto in general.The largest Bitcoin ETF right now -- at least measured by the amount of money that has been invested into it -- is the iShares Bitcoin Trust ETF (NASDAQ: IBIT). As of last quarter, the ETF's holdings were worth roughly $70 billion -- more than triple the asset value of the next-largest Bitcoin ETF. Scale allows this ETF to charge lower expense ratios than the competition. The total management fee right now is a reasonable 0.25%. Many competing ETFs charge significantly higher fees. Continue reading
The price of Bitcoin (CRYPTO: BTC) is back over $100,000. But according to many experts, the run is far from over. Ark Invest CEO Cathie Wood recently reaffirmed her 2030 price target of $700,000. Long term, she believes a single Bitcoin could eventually be worth several million dollars.
Every investor should have at least a small exposure to Bitcoin, even if it's just $100. That gives you enough cash to easily buy into the two Bitcoin exchange-traded funds (ETFs) below. Just be careful: The two ETFs below provide very different exposures to Bitcoin and crypto in general.
The largest Bitcoin ETF right now -- at least measured by the amount of money that has been invested into it -- is the iShares Bitcoin Trust ETF (NASDAQ: IBIT). As of last quarter, the ETF's holdings were worth roughly $70 billion -- more than triple the asset value of the next-largest Bitcoin ETF. Scale allows this ETF to charge lower expense ratios than the competition. The total management fee right now is a reasonable 0.25%. Many competing ETFs charge significantly higher fees.
