Several established financial institutions, including Fidelity and BlackRock, have coalesced around bitcoin because it is the world s first and largest cryptocurrency. But bitcoin remains an enigma to most everyday investors, and it s hard to separate the buzz from any true potential. It s also wildly volatile. In other words, it s a bet.
Federal regulators have made it easier for everyday investors to buy funds that track the price of Bitcoin, using traditional brokerage accounts. Most financial advisers remain skeptical.