Investment sites are showing a lot of growth this year, despite being shuttered earlier this year.
In fact, online investment sites are reporting double-digit growth year-over-year, and investors are turning to them to make money.
The Lad Bible’s Money & Markets newsletter says bitcoin investors are spending more on buying and selling the digital currency than ever before, with the price of a bitcoin rising from around $1,300 in January to nearly $2,000 in March.
The report also says that online investment site IndexWatch, which tracks Bitcoin prices, is seeing more and more investors using the cryptocurrency.
Investors are also making big money from trading futures, which are futures contracts that allow investors to buy or sell stocks and other securities.
The price of bitcoin is a major factor in the futures markets, which allow investors with large capital to bet on a price for a stock or commodity.
Investor sites are also reporting that many investors are using the cryptocurrencies to pay their bills, even as other types of investments have been declining.
Investment websites such as ETFs are seeing significant growth in demand, with an average of $10 billion in transactions per month, according to research firm BMO Capital Markets.
Investing in bitcoin and other cryptocurrencies has been a major attraction for the likes of hedge funds and private equity firms.
Investments in bitcoin have grown in value over the past several months, as investors are looking to cash in on the rise in the price and to get out of debt.