Following the recent Bitcoin halving event, investors are directing their focus to the growing market of Bitcoin exchange-traded funds (ETFs). The crypto investing environment has experienced notable changes since the U.S. Securities and Exchange Commission approved ETFs. Through these institutions, investors can conveniently monitor the daily price movement of Bitcoin, possibly lowering the risk of directly participating in the cryptocurrency market. Grayscale Bitcoin Trust (GBTC) and iShares Bitcoin Trust ETF (IBIT), are notable Bitcoin Spot ETFs that have gained the attention of investors. Let’s explore the reasons why it’s worth considering these two ETFs after the halving.
1. Grayscale Bitcoin Trust (GBTC)
Grayscale Bitcoin Trust (GBTC) has seen an increase in its market performance compared to the closing price of the day before. The starting price stood at $59.34, reflecting a 0.22% from the prior day’s closing price of $59.21. The final price stayed at $59.21, showing a s
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