While the SEC wades through several bitcoin exchange-traded fund applications, Bitcoin Investment Trust is already reaching wild heights, according to the Wall Street Journal. The most popular of the bitcoin hedge-funds launched so far, Bitcoin Investment Trust doesn’t experience the exact same price swings as bitcoin itself, but its prices are correlated closely. Investing in Bitcoin Investment Trust allows interested parties to go through a system much more familiar than online bitcoin trading. Shares in the Bitcoin Investment Trust are currently selling at a premium, and the fund has topped gold funds on several occasions recently in daily dollar volume.
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