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Stock impact report

Better Buy: Bitcoin Investment Trust vs. Amplify Transformational Data Sharing ETF [The Motley Fool]

Amplify Online Retail ETF (IBUY) 
US:NASDAQ Investor Relations: amplifyetfs.com/ibuy-online-retail-etf
Company Research Source: The Motley Fool
These are two very different ways to invest in cryptocurrencies and blockchain technology. Although most cryptocurrencies have performed rather poorly in 2018, there's no doubt that the concept of cryptocurrency and the underlying blockchain technology that makes it work are here to stay. With tons of potential applications, the long-term impact of the cryptocurrency and blockchain space has often been compared with the emergence of the internet in the 1990s. With that in mind, there are several ways for investors to get involved. The obvious way is to invest in a cryptocurrency such as bitcoin, which can be done either directly or through an exchange-traded vehicle such as the Bitcoin Investment Trust ( NASDAQOTH:GBTC ) . Alternatively, investors can also put their money into publicly traded companies that stand to benefit as the cryptocurrency industry evolves. And one new way to do this is through the Amplify Transformational Data Sharing ETF ( NYSEMKT:BLOK ) . Show less Read more
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