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Is it time to jump on the bitcoin bandwagon?

The launch of a wave of bitcoin exchange-traded funds in the United States will make it easier and arguably safer to jump into the crypto craze, but should you?

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The launch of a wave of bitcoin exchange-traded fund in the United States by issuers, including the world’s biggest asset manager, Larry Fink’s BlackRock, will make it easier and arguably safer to buy and sell exposure to the digital asset.

Investors should brace for a wall of marketing material designed to entice them to join the crypto craze. It’s a bit of a circus, but even seasoned and conservative investors might find themselves succumbing to feelings of FOMO.

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Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
Lucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com

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    Original URL: https://www.afr.com/wealth/personal-finance/is-it-time-to-jump-on-the-bitcoin-bandwagon-20240110-p5ew7f