Bitcoin rebounded from its $30k USD range back in July 2021 to an all-time high (ATH) of US$66.9k three weeks ago. Since yesterday, it seems to be making another run in an attempt to break its ATH levels. We’ve seen Bitcoin made short bull runs like this previously, but this season’s rally appears to be a little more justified than previous ones as it is clearly fuelled by more than just social media sentiment (or Elon Musk’s tweets lol). So, should you buy bitcoin now? Or is it better and safer to invest through the latest Bitcoin ETF instead?

What is the Proshares Bitcoin Strategy ETF (NYSE: BITO)?

You should have heard of the Proshares Bitcoin Strategy ETF (NYSE: BITO) by now. Its name may sound complicated but this Bitcoin ETF is similar to any other Equity ETFs in the sense that it helps to spread out volatility according to the theme of the ETF....