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How Bitcoin's Bold Comeback in 2024 Could Transform Your Crypto Portfolio

The Motley Fool

First, the Securities and Exchange Commission (SEC) finally approved 11 applications to launch exchange-traded funds (ETFs) based on Bitcoin's spot price. Seven months later, the leading iShares Bitcoin Trust ETF (NASDAQ: IBIT) has built a portfolio of $21.7 billion in direct Bitcoin holdings.

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The Single-Most Important Catalyst Taking Bitcoin and the Crypto Market Higher

The Motley Fool

Yesterday's highly awaited decision from a federal appeals court appears to have paved the way for a spot Bitcoin exchange-traded fund ( ETF ) to finally be launched. It's not entirely clear if Grayscale will be the first to launch a spot Bitcoin ETF, even though this victory is tied to the company's legal fight against the SEC.

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Making Money in the Stock Market Can Be Easy, Even if You're Not Great at Picking Stocks

The Motley Fool

It has been a solid brand and business for decades, but now, due to legal problems, it has split its operations and slashed its dividend, which for years looked to be incredibly safe. The downside, of course, is that by investing in a fund that mirrors the S&P 500, you can't possibly outperform it.

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Here's Why Tilray Brands Has Become a Much Better Buy Than Canopy Growth

The Motley Fool

cannabis market -- if and when it eventually it opens up due to federal legalization. Tilray Brands has focused on opportunities outside of cannabis Canopy Growth's strategy centers around hopes for cannabis legalization in the U.S. Tilray is also hopeful for legalization but it hasn't been standing pat.

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If You Invested $5,000 in Canopy Growth in 2019, This Is How Much You Would Have Today

The Motley Fool

That's to say nothing of the competing illegal market, the legal problems in the U.S., Investors would have been better off investing in an exchange-traded fund that tracks the S&P 500. market once the country legalizes pot at the federal level. market if legalization happens at the federal level.

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Should You Forget Bitcoin and Buy XRP Instead?

The Motley Fool

First, Ripple's protracted legal battle against the SEC finally ended in August with a lighter-than-expected fine of $125 million. The SEC is appealing that ruling, but it could be tough to overturn the results of that four-year legal battle. Bitcoin 's (CRYPTO: BTC) price has doubled during the past 12 months.

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Should You Buy XRP While It's Under $1?

The Motley Fool

Last year, for example, Ripple executives calculated the total cost of the legal battle as being north of $200 million. For example, some crypto analysts have suggested that XRP could be next in line after Bitcoin and Ethereum to get a spot crypto exchange-traded fund (ETF). But is it really?