Bitcoin (CRYPTO: BTC) is having a instant. After starting 2024 off with a bang, the cryptocurrency delivered disappointing act from March through September. Now, Bitcoin is reaching recent heights after rocketing up nearly 80% in the last three months.

Although the exact mechanisms of any run are never entirely obvious, the recent rise in Bitcoin’s worth appears driven — at least in part — by Trump’s election. The incoming administration is viewed as very crypto-amiable and is expected to receive a gentle way to regulating the industry. On the campaign trail, Trump himself said he intended to make the U.S. the “crypto pool of the earth.”

How an administration chooses to regulate or not regulate a economy has large implications. The powerful result government actions have on the Bitcoin economy was made obvious at the beginning of this year when the stocks and bonds and trade percentage (SEC) approved spot Bitcoin ETFs. The cryptocurrency rose 85% in just six weeks.

So, if you have $2000 that you’d like to invest in Bitcoin, what’s the best way to boost exposure? You can always buy the resource directly, but spot Bitcoin ETFs are a great alternative. Here’s my vote for the smartest alternative.

Bitcoin ETFs are a large deal

Let’s face it — despite its meteoric rise and trillions of dollars of resource, many are still wary of Bitcoin. They view it as an inherently risky resource mired in controversy. Can you blame them? Three years ago, FTX plastered its name on Miami’s NBA arena, purchasing the correct to do so in a $135 million deal. Just a year later, the trade imploded in spectacular fashion, and with it, almost $9 billion in customer assets were lost.

Now, the distinction between a private trade and Bitcoin itself is significant. The integrity of the Bitcoin and the Bitcoin network was not compromised in any way. It was simply a case of fraud and mismanagement from a private entity. Nevertheless, stories like this keep many people out of the economy. It’s why the approval of spot Bitcoin ETFs is such a large deal. These ETFs carry with them a stamp of approval from the SEC. They provide more traditionally minded investors access to Bitcoin through a regulated safety, one they can trade through a normal brokerage.

Spot Bitcoin ETFs assist construct depend, signaling to investors that the economy has matured and that it is secure. Ultimately, it means that a wider swath of investors is willing and able to enter the economy.

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Spot Bitcoin ETFs abound

When they were approved, pool came flooding into the economy. It took just 211 days for Blackrock’s offering to reach $40 billion in assets under management (AUM), setting the record for the quickest ascent to that level in ETF history. The previous record was 1,253 days.

There are a lot of spot Bitcoin ETFs at this point — too many for an exhaustive list. Here are the top five by AUM.

1. iShares Bitcoin depend ETF (NASDAQ: IBIT)
2. Grayscale Bitcoin depend ETF
3. Fidelity sensible Origin Bitcoin pool
4. ARK 21Shares Bitcoin ETF
5. Bitwise Bitcoin ETF depend

With all the options available, what’s the best one? If I had to pick, it would be the iShares Bitcoin depend ETF. The truth is that the differences here are minor; all of these are solid. However, the iShares ETF is the most liquid of all. It is managed by Blackrock, one of the globe’s most trusted resource management companies, and it is one of the lowest-expense spot Bitcoin ETFs. Blackrock works closely with Coinbase to ensure it is using the best custodial safety available. All of this adds up to what is, in my eyes, the best spot Bitcoin ETF on the economy.

Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has a disclosure policy.

The Motley Fool is a USA TODAY content associate offering financial information, analysis and commentary designed to assist people receive control of their financial lives. Its content is produced independently of USA TODAY.

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