Buy The Dip On These Bitcoin ETFs - 2/26

Bitcoin took a substantial hit over the last few days.

In fact, since topping out at around $109,340, the digital currency now trades at $86,882. Most of that is thanks to tariffs on Mexico and Canada, which could create some headaches. That and fears of potential inflation and fewer interest rate cuts aren’t helping much.

But don’t let that chase you from cryptocurrencies. Instead, use the fear as an opportunity – especially with Bitcoin becoming as oversold as it is now. 

While you can always invest directly in Bitcoin, there are other crypto-related stocks you can buy, such as mining stocks, like Riot Platforms (SYM: RIOT) and Marathon Digital (SYM: MARA). You can even pick up oversold shares of MicroStrategy (SYM: MSTR), which slipped from $325 to $249.

ProShares Bitcoin Strategy ETF (SYM: BITO) (SYM: BITO).  With an expense ratio of 0.95%, the ETF tracks the performance of spot Bitcoin, and is the world’s largest and most actively traded cryptocurrency ETF, according to ProShares. BITO mimics the price of Bitcoin as closely as possible without investing in the cryptocurrency itself. As noted by Money, Thanks to this brand new Bitcoin ETF, you can now start collecting at 46% per year. And get this - Here's how... Simplify Bitcoin Strategy Plus Income ETF (SYM: MAXI) The “Invests 100% in the front- month CME futures contract and seeks to generate income by writing short-dated option spreads on a variety of equity and fixed income instruments.” Weiss Ratings Next Big Date for Nvidia: Feb. 26 You see, the AI chip giant has already exploded as much as 783% since the AI boom began. And AI's undisputed leader recently made a massive pivot. Now, TODAY, Nvidia has its next quarterly earnings call. ETF: We can also look at the Roundhill Bitcoin Covered Call Strategy ETF (SYM: YBTC), which has a distribution rate of 91.55%. With an expense ratio of 0.95%, the ETF is the first U.S. listed Bitcoin covered call ETF that generates monthly income with its Bitcoin strategy.  The actively managed ETF also uses a covered call strategy that provides consistent monthly dividend income, while also providing exposures to the price return of Bitcoin-exposed exchange-traded funds on the U.S. securities exchanges. The YBTC ETF invests at least 80% of its net assets in options contracts that use a Bitcoin ETF as the reference asset. Found this helpful? Share it with others. Share Article Written by Ian Cooper Our Flagship Publication Discover Great Companies Trading at a Discount Join Behind the Markets Previous 1 Dividend Stock to Buy Right Now - 2/23 Next Company Buys Back $6bn of its Own Stock - 2/27 How can I assist you?