If you’ve been following the recent news from the digital currency industry, then chances are that you’ve heard once the Securities Exchange Commission SEC decided to reject the Winklevoss-backed Bitcoin ETF project, which would’ve made bitcoin-based investments easier and more accessible to people throughout the world. The SEC is reportedly mostly concerned about the fraud potential that bitcoin poses, alongside with its high volatility and possibilities of price manipulation, which are due to the continuous lack of regulation, and reportedly, transparency, although this isn’t really the case.
Because of this, a possible channel of bitcoin investments remains unopened, but those who are interested can still invest in the digital currency through the numerous bitcoin exchanges and bitcoin investment trusts. However, is there an attractiveness to bitcoin investments? We’ll attempt to tackle some of the most compelling reasons on why you may want to invest some of your capital in digital currencies.