Cautionary tales about cryptocurrency investments gone wrong may have put some people off the digital coins for life, but not everyone’s brio has been dampened.
When the US Securities and Exchange Commission allowed “spot bitcoin” exchange-traded funds to trade on stock exchanges in January for the first time, for example, there was a surge of interest from the American public.
Global names such as BlackRock, Fidelity and Invesco all offer these ETFs — which track the current price of bitcoin — rightly or wrongly, introducing a hint of respectability to crypto as a prospect.
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Although these ETFs are not available this side of the Atlantic, it is easy for a retail investor to get