by Ian Cooper

One of the biggest comeback stories of the year has been Bitcoin.

While the digital currency recently slipped, the run is far from over.

Not only are traders still betting on a potential BTC ETF, but newer FOMO traders are coming in, too. From here, some analysts say BTC could rally to as much as $100,000.

Standard Chartered reiterated its call for BTC to hit $100,000 by the end of 2024, as noted by CNBC. “Matrixport, which bills itself as a crypto financial services firm, released a note last week projecting bitcoin would reach $63,140 by April 2024 and $125,000 by the end of next year.”

Even Blocktream CEO Adam Back says BTC could hit $100,00 before its next halving. “Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario. While some enthusiasts align with Back’s bullish outlook, others criticize what they see as speculative guessing in an unpredictable market,” says

Not only is that great news for BTC investors, it’s also a solid catalyst for BTC mining stocks, such as Marathon Digital (MARA), and Riot Platforms (RIOT). It’s also a solid catalyst for companies with significant BTC holdings, including MicroStrategy (MSTR).

Another great way to trade BTC upside is with an ETF, such as:

ProShares Bitcoin Strategy ETF (BITO)

When Bitcoin pushes aggressively higher, we can look at the Pro Shares Bitcoin Strategy ETF(BITO). With an expense ratio of 0.95%, the ETF tracks the performance of spot Bitcoin, and is the world’s largest and most actively traded cryptocurrency ETF, according to ProShares.

BITO is mimicking the price of Bitcoin as closely as possible without investing in the cryptocurrency itself. As noted by Money, “Like all crypto ETFs, part of the allure of BITO is that investors don’t need to deal with cryptocurrency wallets and private keys but can instead invest through a broker they already use.”

Bitwise Crypto Industry Innovators ETF (BITQ)

With an expense ratio of 0.85%, the ETF holds a portfolio of “picks and shovels” companies that are building out the core infrastructure that lets crypto thrive, including bitcoin miners, crypto brokerages, according to Bitwise. Some of its top holdings include Coinbase Global, MicroStrategy, Riot Platforms, Hut 8 Mining, and HIVE Blockchain to name a few.

Just something to think about if you’re hunting for opportunities.