This is How Your Financial Advisor is Going to Sell You Bitcoin

Before November 2004, buying gold required a lot of effort. Since then, a gold ETF can buy or sell you gold with the click of a mouse.

Will history repeat with Bitcoin?

The Gold ETF Parallel

Rewind to 2004. Gold, the eternal symbol of wealth and stability, was primarily owned in physical form. Then came 2004, the year the first gold ETF was approved. Suddenly, gold wasn't just bars locked in a vault; it became a ticker symbol on a trader’s screen. Accessibility soared.

Now, let's fast-forward to today. Bitcoin, often heralded as 'digital gold,' is standing on the brink of a similar transformation. Like the gold ETF, a Bitcoin ETF would package this digital asset in a familiar, easy-to-trade format. Your financial advisor, who may have once shrugged off Bitcoin, is now eyeing it as the next big thing.

Real Estate vs. REITs: A Tale of Two Investments

Let's delve into another analogy: real estate versus Real Estate Investment Trusts (REITs). Owning physical real estate is a hands-on, often complex investment. It's tangible, yes, but not easily liquidated or managed. REITs, however, bundle real estate into a tradable asset, much like stocks.

This is where financial advisors come into play. They might not be able to advise on the duplex you own downtown, but they can certainly guide you through a REIT investment—and earn their advisory fees while doing so.

The Bitcoin Effect

The same logic applies to Bitcoin. Right now, your advisor might not have a direct way to help you purchase or manage Bitcoin holdings. But with a Bitcoin ETF, they can. It becomes part of your portfolio, a line item they can advise on, manage, and yes, charge a fee for.

Why Should You Care?

Here's the kicker. This isn't just about fees or portfolio diversification. It's about legitimacy. The approval of a Bitcoin ETF signals a mainstream acceptance of cryptocurrency. It's a nod from the financial world that says, "Yes, this is a viable, investable asset."

So, when your financial advisor next brings up Bitcoin, listen closely. They're not just selling you on a trendy asset; they're guiding you into the next evolution of investment, akin to the seismic shifts seen with gold ETFs and REITs. It's not just about Bitcoin; it's about the future of finance.

Now, think about your current investment portfolio. Are you ready for the digital gold rush?

Whenever you’re ready, here's how I can help you:

I can give a presentation for your company, conference or event, educating on AI and crypto topics.

I average about a dozen presentations on all things high-tech per month, and would love to help you. I've trained major law firms, brokerage firms & wirehouses, private capital firms, as well as the U.S. Department of Justice on digital asset forensics.

Just?shoot me a LinkedIn message and let me know the topic(s) you’d like to learn .

Thanks for reading! - Spence

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