Shares only: BITO gives you exposure of the movement from Bitcoin without actually owning Bitcoin. Now BITO is volatile so you will get big moves up or down. Now i like BITO for a swing if Bitcoin gets another leg up from the bull flag that its currently trading within. The chart shows a comparison between 
BITO(lower) and Bitcoin (higher)
PLUS i like BITO for the the high dividend its currently paying. Now beware that the dividend yield may change and i personally would NOT treat this as a long term passive income play but during the time being of the swing i like the ability to earn some passive income. I'm taking this with a light position.
BITO(lower) and Bitcoin (higher)PLUS i like BITO for the the high dividend its currently paying. Now beware that the dividend yield may change and i personally would NOT treat this as a long term passive income play but during the time being of the swing i like the ability to earn some passive income. I'm taking this with a light position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.