Exchange-Traded Funds (ETFs) that invest in Bitcoin have experienced an inflow of around $1 billion, according to recent reports. This comes even as the price of Bitcoin hovers around all-time highs. Analysts see this as a strong sign of ongoing confidence in the world’s most valuable cryptocurrency, despite high volatility and ongoing regulatory scrutiny. Many investors choose ETFs as they offer a way to gain exposure to the returns potential of Bitcoin without the need to handle or store the digital currency.
