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8 Stocks to invest in that give you exposure to Bitcoin and Crypto

As of writing this post, there is no US Listed Bitcoin ETF.  So here's a List of a some stocks you can trade in regular brokerage accounts to get exposure to Bitcoin and Cryptocurrencies without having to open a specialized Cryptocurrency account.  Also, these are registered securities, making them eligible for SIPIC insurance against theft or brokerage defaults, unlike holding Cryptocurrencies in digital wallets. 


1) GBTC 

Grayscale Bitcoin Trust is the most popular traditional investment vehicle to get exposure to Bitcoin with around $30 Billion USD.  The drawbacks are that it can trade at a large premium or discount to NAV as there is no mechanism to easily redeem shares of the trust for Bitcoin and since the trust is a Pink Sheet (not traded on a primary exchange) there aren't any Option contracts available to trade.

2) RIOT, MARA, HUT

These are Bitcoin mining companies so they will have natural exposure to Bitcoin.  There are many others, but these stocks have option contracts available to trade.

3) MSTR

Micro Strategy, with CEO Michael Saylor, is know as the technology company borrow money to buy Bitcoin for its corporate balance sheet.  As the companies Bitcoin exposure increases, it becomes more a leveraged play on Bitcoin. 

4) COIN

Coinbase is the largest US Cryptocurrency Exchange and so revenues and balance sheet items will have exposure to Bitcoin and Cryptocurrencies.

5) HOOD

Robinhood, the popular online brokerage, has over 50% of transaction-based revenue coming from  Cryptocurrency commissions. 

6) SQ, PYPL

Square and PayPal are traditional payment companies embracing Bitcoin enabling users another way to purchase the Cryptocurrency.but have recently committed to bitcoin  allow users to buy bitcoin on their platforms.

7) ETHE

Grayscale Ethereum Trust is similar to  GBTC, but this trust is dedicated to the second most popular cryptocurrency: Ethereum

8) VIH, CND

SPACs that have announced merges to bring Bakkt (VIH) and Circle (CND) public.  Bakkt is focused on sending tracking, spending and sending Cryptocurrency, while Circle is focused on the largest US regulated Stablecoin.  Another growing infrastructure stock in this space is SI - Silver Capital Group,


There are definitely more companies out there with exposure to Cryptocurrencies like TSLA, MELI, but this should be a decent start for those interested in Bitcoin and Digital Assets.

I currently don't have any exposure to these stocks, but seeing the industry involved does have me more intrigued.


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