Is Investing in Bitcoin ETFs Worth It? Experts Warn Against Short-Term Hype 🚫

The SEC's decision on the first US spot Bitcoin ETFs is imminent. Learn why analysts advise caution and focus on long-term strategies instead of chasing fleeting trends.

Benzinga•210 views•0:49

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The SEC is expected to decide today on approving the first US spot bitcoin ETF applications, after confusion on Tuesday when the SEC's Twitter account falsely claimed approval. For retail investors, the main question is whether to invest in a bitcoin ETF and how much to allocate. Strategists say only invest if you're interested in Bitcoin itself, and don't chase short-term hype. Recommendations for portfolio allocation range from 1-3% up to 5-10%, depending on risk tolerance. Investors should only put in what they can afford to lose without regret.

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210

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0:49

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Published
Jan 10, 2024

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