Here's 1 New Reason to Buy $1,000 of Bitcoin and Ethereum Right Now
It's boom time in the cryptocurrency sector. Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) just picked up yet another reason that makes them worth a small investment of $1,000, even if you already hold some of each.Here's what could happen and why it's worth investing ahead of time.The Securities and Exchange Commission (SEC) on Jan. 30 approved the initial part of an application by Bitwise Asset Management to issue a combined Bitcoin and Ethereum exchange-traded fund (ETF), according to Bloomberg. The approval was granted on an expedited basis, and now it is highly likely that the final go-ahead will come soon, at which point it will start trading on the market.Continue reading
It's boom time in the cryptocurrency sector. Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) just picked up yet another reason that makes them worth a small investment of $1,000, even if you already hold some of each.
Here's what could happen and why it's worth investing ahead of time.
The Securities and Exchange Commission (SEC) on Jan. 30 approved the initial part of an application by Bitwise Asset Management to issue a combined Bitcoin and Ethereum exchange-traded fund (ETF), according to Bloomberg. The approval was granted on an expedited basis, and now it is highly likely that the final go-ahead will come soon, at which point it will start trading on the market.
