The trading desks go wild & crypto stocks start pulling off double digit spikes like the party is never going to end. Then just 1 day later, a monster jobs report drops, rate cut hopes evaporate and the entire crypto sector slides right back down.
If you are wondering whether to buy crypto stocks or just stick to $iShares Bitcoin Trust(IBIT)$ the answer is obvious: Stop buying the side show & just buy the underlying real estate.
When you buy crypto stocks like $Coinbase Global, Inc.(COIN)$ or $Strategy(MSTR)$ , you are not just betting on Bitcoin. You are betting that their management won't mess up their earnings or that their massive debt loads won't crush them if interest rates stay higher.
iBit gives you pure institutional access to spot Bitcoin, completely backed by BlackRock.
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