Jakarta, CNBC Indonesia – Not only does it contain shares, there are now exchange traded funds (ETF) which contain the crypto asset Bitcoin (BTC). The US Securities and Exchange Commission (SEC) already approved Bitcoin ETF trading three days ago.
Of course, with the existence of a Bitcoin ETF this has a positive impact on the price movements of this crypto asset on the market. Currently, there are 11 BTC ETF products on the market, namely Blackrock's iShares Bitcoin Trust (IBIT), ARK 21Shares Bitcoin ETF (ARKB), WisdomTree Bitcoin Fund (BTCW), Invesco Galaxy Bitcoin ETF (BTCO), Bitwise Bitcoin ETF ( BITB), VanEck Bitcoin Trust (HODL), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Trust (FBTC), Valkyrie Bitcoin Fund (BRRR), Grayscale Bitcoin Trust (GBTC), and Hashdex Bitcoin ETF (DEFI).
The presence of a Bitcoin ETF certainly shows that this digital asset has been considered as an asset class for investment. In addition, fund managers who issue ETFs can also increase liquidity for trading this asset.
Not only that, this will also make it easier for investors who are less experienced in crypto to be able to own this asset very easily.
With this news, and the tweets of financial experts such as Robert Kiyosaki who continuously promote Bitcoin, is this a signal to include this asset in your portfolio? The following is the explanation.
Back again to the risk profile
Even though it is famous for its fairly large rate of return, not everyone is suitable for crypto investment.
Crypto trading hours are longer than stocks, and this instrument has high volatility and cannot provide fixed returns. Indirectly, novice investors are not advised to dive into this instrument without understanding how it works first.
For beginners, it's a good idea to try investment instruments with low risk first while learning about other instruments with higher risk and better returns.
Over time, as your knowledge develops, it is likely that your risk profile will also change. You can also use cold hard cash to invest in these high-risk assets.
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