[2016-07-04] Investment Funds That Offer Cryptocurrency Exposure See Big Gains

[Iloveelvis]

These days bitcoin continues to outperform many traditional assets as the decentralized currency has become the premiere digital asset class of the 21st century. There are many ways individuals can obtain bitcoins and hold the appreciating investment themselves. However, there are also other traditionalized methods where people can invest in cryptocurrencies through trusts, self-directed IRAs, hedge funds, and other investment vehicles.

Bitcoin’s performance as an asset class continues to outshine traditional investments like stocks, precious metals, and the bond market. Just recently the well-known mainstream financial publication Bloomberg called bitcoin an “exchange traded fund (ETF) on steroids.” Furthermore, people have found that there are other ways to invest in bitcoin which are similar to traditional individual retirement accounts (IRA), or stock market investments. This includes cryptocurrency based investment trusts, exchange-traded notes and many more types of methods.

Read More Here >>> https://news.bitcoin.com/investment-funds-cryptocurrency-exposure-big-gains/

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[1Referee]

Bitcoin has basically outperformed any kind of asset for years now, so this isn't anything new for me, neither should it be new for others. I however did notice a sudden change in the mentality of people around me that usually try to allocate a certain percentage of their monthly wage to stocks. Instead of stocks, they are diving into crypto. Some even take it a bit too serious, and invest thousands of Euro's into GPU's to mint various altcoins. I am happy to see that things are changing, because it wasn't all that long ago that people around me were a tad bit sceptical about the real purpose of Bitcoin & Co.

[Assanger]

Bitcoin has basically outperformed any kind of asset for years now, so this isn't anything new for me, neither should it be new for others. I however did notice a sudden change in the mentality of people around me that usually try to allocate a certain percentage of their monthly wage to stocks. Instead of stocks, they are diving into crypto. Some even take it a bit too serious, and invest thousands of Euro's into GPU's to mint various altcoins. I am happy to see that things are changing, because it wasn't all that long ago that people around me were a tad bit sceptical about the real purpose of Bitcoin & Co.

That is right. I think the coin fund will also reduce certain risk.

[1Referee]

I think the coin fund will also reduce certain risk.

What risks are you exactly referring to that will be reduced? People and institutions that invest in an ETF, may not actually own any Bitcoins, but they are still exposed to the volatility that this market experiences. After all, it's not for nothing that two ETF's have been rejected by the SEC. Currently, we're waiting for the SEC to finally come up with a decision regarding the ETF review. It has taken so long, that a lot people here don't even remember that there is an "ongoing" ETF review happening.