Bitcoin reaches new high of $94,000 sparking renewed investor interest

Bitcoin has reached a new high of $94,000, sparking renewed interest from investors. This surge follows Donald Trump's election victory and brings the $100,000 milestone closer. Many potential investors remain hesitant due to concerns about direct ownership and risks. For those wary of buying Bitcoin directly, there are alternative investment options. Exchange-traded funds (ETFs) allow investors to gain exposure to Bitcoin and other cryptocurrencies without owning them. Recently approved options on Bitcoin ETFs also provide new ways for institutional investors to participate. Investing in stocks of companies involved in cryptocurrency, like MicroStrategy and Tesla, is another option. These firms hold significant Bitcoin reserves or provide crypto-related services, allowing investors to benefit from Bitcoin's growth without direct ownership.