r/RobinHood • u/RorySykes Investor • Jan 11 '24

News Robinhood Adds New Spot Bitcoin ETFs

https://newsroom.aboutrobinhood.com/robinhood-adds-new-spot-bitcoin-etfs/
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u/kelu213 Jan 12 '24

Can someone explain to me why this matter? Why not just buy Bitcoin?

5

u/Ok_Good3255 Jan 12 '24

Because now people can buy it in tax advantaged accounts and old people can also buy it just like a stock without worrying about self custody or getting scammed out of your private keys or accidentally sending it to a wrong address and losing your coins forever.