Bitcoin ETFs: A Mildly Improbable Investment

FBTC, in essence, is a fairly straightforward proposition: it holds actual Bitcoin. (Imagine the paperwork. The sheer logistical challenge of securing digital keys. It’s enough to make one long for the simplicity of bartering with seashells.) WGMI, on the other hand, invests in the companies that mine Bitcoin. (Which, let’s be honest, is just a fancy way of saying they solve very complicated math problems with electricity. A remarkably inefficient process, when you think about it.)





