How Many iShares Bitcoin Trust ETF Shares You Need to Own the Equivalent of 1 Bitcoin

Core Insights - The SEC approved the first batch of spot Bitcoin ETFs in January 2024, allowing investors to gain direct exposure to Bitcoin without needing crypto wallets [1] Group 1: Bitcoin ETFs - The iShares Bitcoin Trust ETF (IBIT) is the leading spot Bitcoin ETF with $52.6 billion in assets [2] - Each share of IBIT represents approximately 0.000568 Bitcoin, meaning an investor would need to purchase 1,761 shares to own the equivalent of one Bitcoin, costing just over $65,000 [2][3] - The expense ratio for IBIT is 0.25%, which is competitive with other similar funds [2] Group 2: Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified 10 stocks they believe are better investment opportunities than iShares Bitcoin Trust [4] - Historical performance of stocks recommended by The Motley Fool shows significant returns, with examples like Netflix and Nvidia yielding substantial profits for early investors [5]