Bitcoin has returned more profit than every top-tier tech ETF this year

Bitcoin has returned more profit than every top-tier tech ETF this year


Exchange Traded Funds (ETFs) solve a critical problem for many investors: stock trading is both complicated and time consuming — so why not let someone else do it? Well, only a handful of technology-focused ETFs have actually beaten the market this year. Even worse, Bitcoin has outperformed practically every top tech ETF on the market, having risen by more than 35% in 2020. For scale, the NASDAQ 100 index (a popular benchmark for the tech industry) is up 12.3% for the year. There’s an ETF out there for everyone ETFs come in all shapes and sizes. Some, like Invesco QQQ, manage a portfolio…

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Bitcoin has returned more profit than every top-tier tech ETF this year
Source: The Next Web