Bitcoin has surged 112% this year, rising from $44,000 to $93,000. Former President Trump has publicly endorsed Bitcoin, proposing to establish a dedicated cryptocurrency position in the White House and considering adding crypto to strategic reserves. This move could further boost global demand for Bitcoin. Analysts outline three investment pathways, with the 00909 Cathay Digital Payment Services ETF standing out as the most convenient option for Taiwanese investors, as it allows direct TWD transactions via brokerage platforms without the hassle of overseas account setups.
Three Ways to Invest in Bitcoin in Taiwan
1. Direct Bitcoin Investment
- Method: Purchase Bitcoin through domestic/foreign exchanges using USD.
- Pros: Highest correlation with Bitcoin prices.
- Cons: Security risks due to overseas platforms and digital wallet vulnerabilities. High transaction costs (spreads/fees) must be factored in.
2. Overseas Bitcoin ETFs
- Status: The U.S. approved Bitcoin ETFs earlier this year, with net inflows hitting $3.378 billion last week and total net assets exceeding $100 billion.
- Limitation: Only available to institutional investors in Taiwan via複委託 (sub-account trading), not retail investors.
3. Domestic Thematic ETFs
Featured Product: Cathay Digital Payment Services ETF (00909) — Taiwan’s sole ETF deeply tied to crypto assets.
Portfolio:
- 20% crypto exchanges (Binance, Coinbase, Robinhood, SBI Holdings)
- 13% semiconductor giants (NVIDIA)
- 39% payment processors (Visa, Mastercard)
- 26% mining firms
- Key Holding: MicroStrategy (holds 330K+ BTC, the largest among public companies).
Why 00909 Stands Out
- Trump 2.0 Era: Crypto is poised to benefit alongside EVs, finance, and energy sectors.
- Performance: 104% annual return with dividend distribution. Potential capital gains expected post-Trump’s policy announcements.
- Accessibility: Unlike traditional Taiwanese ETFs, 00909 focuses on digital asset tech, offering retail investors easy exposure.
FAQ Section
Q1: Is 00909 suitable for beginners?
A: Yes! Its TWD trading and brokerage integration make it beginner-friendly.
Q2: What’s the risk level of crypto ETFs?
A: Higher volatility than traditional ETFs but diversified holdings mitigate single-asset risks.
Q3: How does Trump’s stance impact Bitcoin?
A: His pro-crypto policies could accelerate institutional adoption, boosting demand.
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