You buying bitcoin yet?

Asking for a friend. Because as we reported on the impending (now accepted) approval of spot bitcoin ETFs, we heard a lot about how these tried-and-true packages would send financial advisors scurrying for all they could get — like Midwesterners overstocking on milk and eggs every time a little snow is in the forecast.

So, are you buying it? Because there are still quite a few advisors who still see bitcoin and other cryptocurrencies as far too risky.

"If you were to go with me to Las Vegas for the weekend, how much would you be willing to put on one number and one color at the roulette wheel?" asked Brett Bernstein, the CEO and co-founder of XML Financial Group in Bethesda, Maryland.

This week, a look at those advisor side eyes that haven't all dissipated in light of the SEC's quasi-blessing of bitcoin in ETF form. 

And do let me know if you're buying it or have changed your view at all. I'd love to hear from you.

Thanks for reading.

Ask an advisor: Is a spot bitcoin ETF a good investment?

By Nathan Place      

After the SEC's decision, Americans can finally invest in a fund whose underlying asset is bitcoin. But should they? Read story →

SEC approved spot bitcoin ETFs. What happens now?

By Carter Pape       3 min read

The decision could make bitcoin a major part of more investing portfolios. But after bitcoin, the SEC is likely to move slowly on approving other crypto-tied ETFs. Read story →

What financial advisors need to know about SEC-approved spot bitcoin ETFs

By Brian Wallheimer       4 min read

Proponents expect crypto to gain legitimacy and come to clients at lower costs if the SEC signs off as it's expected to do. Read story →

Many trading apps embrace bitcoin ETFs, some still crypto shy

By Carter Pape       2 min read

Robinhood and a few other trading app providers immediately announced support for the newly approved spot bitcoin ETFs. But Vanguard announced this week it would not allow customers to invest in them. Read story →