Bitcoin and cryptocurrencies Part 2: What do you own when you buy a cryptocurrency?

Bitcoin and cryptocurrencies, initially dismissed as fluff for nerds and geeks, are making a big comeback and they’re getting the attention of major Wall Street players. The New York Stock Exchange’s owner, Intercontinental Exchange (ICE), recently announced its intentions to bring bitcoin into standard investment vehicles such as mutual funds, exchange-traded funds (ETFs) and pension funds.