The Time Is Right to Consider These Bitcoin ETFs

It’s often said that “timing is everything.” But that’s more of a general life saying than it is applicable in the world of investing, because market timing is incredibly difficult. That said, an array of timing-related factors could be indicating that more bitcoin upside is imminent.

That potentially indicates income-generating funds such as the BTCI ) and the XBCI) are worth considering today.

An interesting footnote to consider regarding these two high-yield ETFs is that the largest cryptocurrency is coming off a scintillating August rally. It surged 25% then, and bitcoin has followed that up with a solid September performance. Prior to this year, each of Bitcoin’s positive Augusts were followed by negative September showings.

Speaking of calendar-related matters regarding BTCI and XBCI, October 1 marks the start of the fourth quarter. That’s usually the strongest three-month period in which to own bitcoin. Historical data confirms that over the digital currency’s life span, it usually generates its best monthly performances in November and October.

There’s another reason tactical income investors may want to evaluate BTCI and XBCI over the near term. That’s because, assuming bitcoin’s four-year cycle holds, October could bring an official end to the digital currency malaises. That assumes a bottom wasn’t notched in August.