What are the risks and benefits of investing in a Bitcoin ETF?

While Bitcoin ETFs offer many advantages, it's important to be aware of the potential risks. ETFs are traded during regular market hours, unlike crypto exchanges that operate 24/7. This means you will not be able to buy or sell your ETF shares immediately if there's a significant price movement outside of trading hours. This makes a Bitcoin ETF most suitable for investors who are not looking to trade. Also, Bitcoin is known for its price volatility, and even though you're investing in an ETF, the value of your investment can still fluctuate significantly. There's no guarantee that Bitcoin will continue to increase in value.

With this context, investing in a Bitcoin ETF through StashAway offers several benefits. You don't need to worry about the complexities of navigating cryptocurrency exchanges. Furthermore, StashAway is a regulated platform and your Bitcoin investment is held by an institutional custodian. In addition, you'll enjoy low and transparent fees. Finally, you can seamlessly manage your Bitcoin investment alongside your other assets on the StashAway platform, making it easy to track your portfolio, understand your overall risk exposure and adjust your allocation as needed.