Bitcoin

You May Regret Skipping This Little-Known ETF That Combines the Power of the S&P 500 and Bitcoin

Published

11 months ago

3 June, 2024

You May Regret Skipping This Little-Known ETF That Combines the Power of the S&P 500 and Bitcoin

Want to give your portfolio a boost? Look no further.

History has shown that one of the simplest ways for investors to consistently give their portfolio the best the market has to offer is by investing in the S&P 500 (^GSPC -0.08%). Composed of the top 500 companies in the US, the S&P 500 delivered an average return of 10% per year over the long term.

^ SPX given by Y Charts

An average return of 10% – which includes boom and bust years – is nothing to sneeze at, but for a growth investor with a long time horizon (and a greater appetite for risk), there are better opportunities in the market. This often means investing in riskier stocks, including technology companies at the forefront of innovation, as they have remarkable long-term potential. However, there is another asset that is proving to be a valuable addition to portfolios: Bitcoin (Bitcoin 1.16%).

A person in jeans and a button-down shirt sits on a couch smiling at a phone in his hands.

Image source: Getty Images.

The Bitcoin Effect

Over the past five years, Bitcoin has risen more than 675%. Zooming out further, the cryptocurrency rose much higher. The reason behind Bitcoin’s massive appreciation is subtle, but what’s important to note is that it still holds a lot of potential to continue growing.

While blockchain and cryptocurrencies have significant potential to transform financial markets, most of the crypto asset class is rife with speculation. For several reasons, Bitcoin is the safest investment one can make when it comes to crypto. The crypto market is worth $2.57 trillion and Bitcoin represents more than 50% of that value. What this means is that as Bitcoin advances, so does the rest of crypto.

This makes it a great proxy for investors to gain exposure to the growing potential that crypto holds without having to pick individual winners like investing in the S&P 500.

Now, what if investors could invest in Bitcoin and the S&P 500 through one convenient commercial fund exchange (ETF)? Enter the Bitcoin Cyber Hornet Strategy ETF (ZZZ 1.15%) from OneFund.

What makes this ETF unique

This ETF is unique. It allocates 75% to the S&P 500 and the remaining 25% to Bitcoin futures contracts. Debuting in December 2023, over the past six months it has returned a generous 20%, with Bitcoin and the S&P 500 near all-time highs.

The beauty of the Cyber Hornet ETF is in its simplicity. By adding this ETF to your portfolio, you will gain exposure to the most valuable cryptocurrency on the market and with it, the gains that only Bitcoin is capable of providing. Additionally, investors place their money across the S&P 500 and large companies, including Microsoft, Nvidia, Litterand many other well-known names.

The most significant advantage this ETF offers is the combination of old and new. The 75% dedicated to the S&P 500 acts as a buffer to the volatility and significant dips that have historically plagued Bitcoin every four years or so. While a 25% allocation to Bitcoin gives investors the chance for growth.

Consider 2022, for example. During this period, Bitcoin and its futures contracts fell more than 65%, while the S&P 500 fell 19%. Although the Cyber Hornet ETF was not trading at the time, it would have fallen about 30% given its allocation. Don’t get me wrong, a 30% decline is not ideal, but this example shows how investors are protected from Bitcoin’s worst corrections due to ETFs’ unique allocation strategy.

Now, on the contrary, in 2023 the S&P 500 grew 24%. Again, although it was not traded, the Cyber Hornet ETF would have shown its true power by returning a commendable 59%, driven mainly by the resurgence of Bitcoin and the recovery in Bitcoin futures contracts, which grew by around 165%.

This Bitcoin/S&P 500 ETF might be right for you if…

Perhaps you have already heard about Bitcoin’s ability to increase significantly in a short space of time or heard about the recent approval of the spot Bitcoin ETFs, but they are still afraid to take the plunge. Maybe you’re not sure how to buy Bitcoin on a cryptocurrency exchange or how to operate a digital wallet.

If that’s the case, but you’ve done your research and believe in Bitcoin’s long-term potential, the Cyber Hornet ETF may be right for you.

Now it should be very clear that this ETF is not intended for an investor close to retirement, who does not have much time to recover losses. While Bitcoin has proven its ability to generate substantial returns, a byproduct of its finite supply and growing adoption, it is not without corrections.

For those who have some time on their hands, the Cyber Hornet ETF offers a balance that few other ETFs can offer – a mix between the best of crypto and the best that the traditional stock market has to offer. Your money could benefit from Bitcoin’s long-term trajectory while being protected from the high volatility that so often occurs when investing in cryptocurrencies.

RJ Fulton has positions in Bitcoin. The Motley Fool has positions and recommends Apple, Bitcoin, Microsoft and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The motley fool has a disclosure policy.

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Bitcoin

What to watch for in the markets

Published

9 months ago

21 July, 2024

SatoshiTimes Staff

Photo: Andrew Harnik (Getty Images)

After witnessing one of the largest global IT outages on record, affecting the travel, finance and healthcare sectors worldwideThis week is set to see more political drama, events, and earnings reports from tech giants.

Donald Trump’s ‘Lovefest’ Sets Jamie Dimon Up for Consideration for Treasury Secretary Job

Let’s take a look at what awaits us:

Major companies will release their earnings reports

Major tech companies and others will release their earnings reports this week, paving the way for what the second half of 2024 will look like.

Monday

Verizon will report earnings before the start of operations.

Tuesday

Coca-Cola, Comcast and UPS are all set to report earnings before the market opens.
Tesla will report earnings in the morning, while General Motors will report earnings in the evening.
Alphabet and Visa will report results after the market closes.

Wednesday

AT&T will release its report before the market opens.
Ford and Chipotle will report earnings after the market closes.

Thursday

Earnings reports from AstraZeneca, American Airlines and Southwest Airlines will be released before the market opens.

Trump to speak at Bitcoin conference

Presumptive Republican presidential nominee Donald Trump will speak at the next Bitcoin Conference in Nashville, Tennesseewhich is scheduled for July 25-27. While this is the first time a presidential candidate will attend the conference, it has sparked a debate over whether the crypto-friendly Trump will receive support from the crypto community in the upcoming election.

In addition to Trump, independent presidential candidate Robert F. Kennedy Jr. will also discuss crypto during the conference. Crypto advocates such as ARK Investment’s Cathie Wood, MicroStrategy’s Michael Saylor, and whistleblower Edward Snowden are among some prominent names who will be participating in the conference.

Ether ETFs are on the way

New Ether Spot ETFs are set to begin trading on Tuesday, July 23. Much like the spot Bitcoin ETFs, these ETFs will allow investors to buy the second most popular cryptocurrency like stocks. BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital are all set to offer Ether ETFs. Crypto asset manager Bitwise predict that trading in the Ether ETF will drive the price of Ether higher, potentially surpassing $5,000.

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Bitcoin

Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency

Published

9 months ago

21 July, 2024

SatoshiTimes Staff

Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency

Bitcoin miners and cryptocurrency companies that have been blocked from going public in the U.S. could ultimately be the biggest winners in the digital asset world under a second Donald Trump presidency. Foreign companies at risk of losing market share could end up being the biggest losers.

That’s the view that’s taking hold among market participants and observers in the wake of the former president’s growing embrace of cryptocurrency as his chances of election grow. survey released Thursday by CBS News showed Trump with the majority — 52 percent — of likely voters in his likely November rematch with President Joe Biden.

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Bitcoin

Bitcoin, Ethereum, Solana and Cryptocurrency Markets Look Ready to ‘Send’ as Stars Align, According to Investor Chris Burniske

Published

9 months ago

21 July, 2024

SatoshiTimes Staff

Bitcoin, Ethereum, Solana and Cryptocurrency Markets Look Ready to ‘Send’ as Stars Align, According to Investor Chris Burniske

Cryptocurrency investor Chris Burniske says Bitcoin (BTC), Ethereum (ETH), Solana (SUN) and the cryptocurrency market in general seem poised for a run.

Former Head of Cryptocurrency at ARK Invest account his 292,200 followers on social media platform X that several catalysts are aligning, suggesting that digital asset markets are on the verge of a bull run.

According to Burniske, a partner at venture capital firm Placeholder, the highly anticipated launch of Ethereum-based exchange-traded funds (ETFs), Republican presidential candidate Donald Trump speaking at an upcoming Bitcoin event, and the current state of the BTC, ETH, and SOL charts all suggest significant optimism for the cryptocurrency markets.

“With ETH ETFs set to go live, Trump speaking at The Bitcoin Conference, and BTC, ETH, and SOL charts looking [they do] (while stocks are weak), it’s hard to imagine a world where we don’t ship next week.”

Reuters recently reported that preliminary approval for ETH ETFs has been granted as the Bitcoin Conference is scheduled to take place from July 25-27.

BTC, ETH, and SOL are trading at $67,333, $3,528, and $174 at the time of writing, respectively.

The venture capitalist too provides an update on his prediction that the total crypto market cap will eventually hit $10 trillion. According to his chart, the path to $10 trillion is currently “23%” complete, as it sits around $2.2 trillion.

Source: Chris BurniskeX

Earlier this month, Burniske he said in an interview with Real Vision CEO Raoul Paul that he has his eye on the Move ecosystem, which was originally built by social media giant Meta and then used to develop layer 1 blockchains Sui (IUE) and Apts (APT).

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Bitcoin

Here’s the next target for BTC before bulls can hold out for $70K

Published

9 months ago

21 July, 2024

SatoshiTimes Staff

Here’s the next target for BTC before bulls can hold out for $70K

Bitcoin’s recovery is going well, and the market is seemingly poised to create a new all-time high in the near term.

Technical analysis

Per NegotiationRage

The daily chart

As the daily chart shows, the price of Bitcoin has been rising since it broke above the 200-day moving average.

The market has also reclaimed the $60K and $65K levels and is moving towards the $68K resistance zone, which could be the last hurdle before creating a new all-time high. With the RSI also indicating that the price has clear bullish momentum, it could be just a matter of time.

Source: TradingView

The 4-hour chart

Looking at the 4-hour chart, it is evident that the price has been rising rapidly since breaking the downtrend line to the upside. The market also broke the $65K resistance level with momentum, turning it into a support.

While almost everything points to a new record high in the coming weeks, there is one worrying sign. The RSI is showing a clear bearish divergence between recent price highs, which could indicate a correction or even a reversal in the near term.

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