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I consulted three financial experts to help craft the best bitcoin investing strategy for me. AdvertisementGiven this background, I had never seriously considered buying bitcoin. Related storiesDifferent ways to investWhen it came to actually buying bitcoin, I had a couple of options. Luckily, my brokerage firm Fidelity offered a few different ways to get bitcoin exposure — including buying bitcoin directly or through an ETF. Other popular offerings include the Fidelity Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust ETF (GBTC), and the ProShares Bitcoin ETF (BITO).
Persons: Bitcoin, bitcoin, John Haar, Swan Bitcoin, Haar, Robert Cannon, David Laut, Cannon, He's, Laut, Charles Schwab, Christine Ji It's, Christine, cji Organizations: BlackRock, storer, Experity, Fidelity, Bitcoin Locations: bitcoin, FTX
John Haar, a managing director at digital asset services platform Swan Bitcoin, previously had a 12-year stint at Goldman Sachs. He says bitcoin is the biggest contender to gain traction in legacy finance and pull institutional interest in further. Investors saw the first wave of institutional interest in crypto through bitcoin as well. First, the value prop of bitcoin, Haar says, is the concept of "sound money," a currency that isn't prone to a sudden depreciation or appreciation in value. "I think Bitcoin is an easier sell, but I think we're still very early in terms of them potentially getting on board.
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