Strong Momentum On Bitcoin? Then I Choose FBTC
Main Idea
The Fidelity Wise Origin Bitcoin Fund ETF (FBTC) is highly discussed and preferred among traders and short-term operators, despite not being the most cost-effective option.
Key Points
1. The Fidelity Wise Origin Bitcoin Fund ETF (FBTC) is not the most cost-effective but is widely talked about and appreciated.
2. Traders and short-term operators tend to prefer FBTC.
3. The article is based on insights from Seeking Alpha, with no disclosed stock positions or business relationships by the author.
Description
Summary FBTC is among the most liquid and tightest bid/ask spread spot ETFs on BTC, but not the cheapest. This makes it suitable for faster trading contexts and sets it apart from solutions like BTC or HODL. I remain bullish because Bitcoin is showing increasing alignment with risk-on assets (like the Nasdaq), and less with safe haven assets like gold. Trump’s victories in the trade arena could create fertile ground for risk-on assets, and potentially for Bitcoin as well. An altseason also seems...
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