Published on 30 Apr 2024 on Motley Fool via Yahoo Finance
The launch of the new spot Bitcoin (CRYPTO: BTC) ETFs in January has been heralded as one of the most important new product launches from Wall Street in nearly 30 years. The new ETFs make owning Bitcoin easier than it has ever been, opening up the prospect of cryptocurrency ownership for millions of Americans.
Given Bitcoin's historical track record of delivering market-beating returns, individual investors could have a fantastic new tool for reaching their future wealth goals. But can investing in the new spot Bitcoin ETFs realistically put you on the path to millionaire status? Let's find out.
Access to Bitcoin's upside potential