Bitcoin

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Unlock Massive Dividends with These High-Yield Bitcoin ETFs

Until fund sponsors developed ETFs that pay big dividends, I viewed cryptocurrencies as products without any practical use. But now, with the advent of covered call ETFs that use Bitcoin as the underlying asset, I have become a Bitcoin fan. A recent Wall Street Journal article discussed why the limited supply is fueling the Bitcoin […]

Buy These Stocks for Big Dividend Yields from Bitcoin

Buy These Stocks for Big Dividend Yields from Bitcoin

My investment focus has centered on income stocks and ETFs. Since Bitcoin doesn’t pay dividends, I hadn’t had much interest besides keeping up with the news. The explosion in the issuance of new options strategy ETFs provides new ways to invest in existing asset categories. Three covered call ETFs currently use Bitcoin as the portfolio […]

How to Trade Cryptocurrencies

How to Trade Cryptocurrencies

I am often asked about cryptocurrencies and if they are safe investments to add to a portfolio. For investors unfamiliar with the term, a cryptocurrency is basically a digital token, or coin, which trades on a distributed and decentralized ledger called the blockchain. The best-known and most popular cryptocurrency is Bitcoin. It debuted in 2010 […]

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Biden’s Crypto Executive Order Could Push This Stock Higher

Bitcoin’s value was cut nearly in half over the last few weeks: from a high of $68,978, it dropped to a low of about $35,000. However, after catching major support, Bitcoin is showing strong signs of life, thanks in large part to President Biden’s executive order on cryptocurrencies and institutional buying. According to CNBC: “Biden’s […]

Trade of the Week: BITO

Trade of the Week: BITO

The market has been in a downturn lately and this include bitcoin. ProShares Bitcoin Strategy ETF (BITO), which tracks bitcoin futures, is down about 18% year-to-date. BITO trades a fair amount of options on the average day – about 70,000 – so it was surprising to see a 22,400 block of April puts trade last […]

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This Stock Could Triple If Bitcoin Can Sustain Recent Momentum

Bitcoin has taken a massive hit. Since topping out at $68,978 in November, the digital currency plunged to a low of $32,990. However, after catching double-bottom support—and pricing in a good deal of negativity—Bitcoin is starting to recover. From a current price of $46,633, we’d like to see it challenge its prior high from November. […]

How Does the Bitcoin ETF Affect You?

How Does the Bitcoin ETF Affect You?

With the launch of the first ever Bitcoin ETF… The SEC has legitimized cryptocurrencies. Although the ETF doesn’t buy Bitcoin directly, but rather, the futures of Bitcoin… It still will cause disruptions in the market. In this weekly briefing, I’m going to break down what I see could happen in the broad markets and cryptocurrencies […]