Buying Bitcoin via an ETF is a great move.
There are only a few reliable ways to build serious wealth as an investor. You can own productive businesses or scarce assets, and/or give your portfolio's compounding an unreasonably long runway to work its magic. Retirement investors can do all three, in spirit, by owning a single, simple exchange-traded fund (ETF) that places a scarce asset with standard financial industry plumbing.
That ETF is the iShares Bitcoin Trust ( IBIT -1.92% ) . It strips the complexity out of owning Bitcoin ( BTC -0.35% ) , keeps the fees low, and mirrors the coin's price, all within a brokerage account you already use every day. If your aim is a durable path toward a portfolio worth $5 million over a period of between 20 to 30 years, there's a pat