5 Reasons To Buy Spot Bitcoin ETFs

Krutika Adani

Safer to Transact

Users pay directly to ETF issuers and receive ETFs in their investment accounts, which reduces the scope for third-party fraud.

Zero Hassle Investment

Bitcoins are much safer with crypto custodians who have years of experience handling such assets. This custody arrangement also makes them much safer for beginners than self-custodians.

Improved Profitability

Since experts have better insights on when to enter and exit the markets, ETFs may give users better returns than investing directly.

Informed Decisions

The ETF managers make informed decisions based on their years of experience and expertise.

Tax Benefits

Short-term and long-term capital gains are at a significantly lower tax rate than tax on direct crypto purchases.