If you want to invest in Bitcoin but do NOT trust crypto platforms, there is an alternative.
You can use ETFs to invest in Bitcoin. Just like silver ETFs, gold ETFs, there is also the Bitcoin ETF.
E.g. IBIT iShares Bitcoin Trust ETF is a listed ETF on Nasdaq exchange
Expense ratio is only 0.25%
This ETF mirror bitcoin returns because it buys/sell Bitcoin and try to generate similar returns than Bitcoin
Last 1 year BITCOIN Returns is – 69%
This ETF’s return is 67%
This difference is due to tracking error and expense ratio.
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