Which bitcoin ETF to buy? : r/ETFs - Reddit
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
BlackRock's Bitcoin ETF is trading up +23.35% pre-market
In BlackRocks' case, their iShares Bitcoin ETF directly buys bitcoin as per their product brief. They basically offer investors exposure to BTC without the challenges of holding it directly. And technically, when the price of an ETF performs well, it doesn’t directly change their underlying assets price, in this case BTC.
Risks of Bitcoin ETF : r/Bitcoin - Reddit
You aren't owning bitcoin with an ETF. You only have price exposure to bitcoin. All of the sovereignty and freedom bitcoin offers you is null when you have it through an ETF, even holding thorugh a custodian loses the value proposition of bitcoin. Look up executive order 6102 when the government made it illegal to hold gold.
The BlackRock Bitcoin spot ETF exceeds 200,000 BTC
Mar 13, 2024 · tldr; BlackRock's iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, now holds over 203,000 Bitcoins, making it the second largest Bitcoin ETF by assets under management (AUM) but the largest by daily trading volumes. Since its launch on January 11, it …
Bitcoin ETF : r/ThriftSavingsPlan - Reddit
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
Bitcoin ETF, FBTC : r/fidelityinvestments - Reddit
Mar 7, 2024 · Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
Bitcoin ETFs (IBIT vs FBTC) : r/ETFs - Reddit
Jan 21, 2024 · I just initiated a transfer of my roth ira at vanguard to move to fidelity. Vanguard is stuck in boomer mentality, and not allowing any purchase of bitcoin etfs. Once the transfer is settled at fidelity, which is better for my roth IRA account, the blackrock bitcoin etf or fidelity? Im also selling my gbtc position in my roth, the fees seem too ...
Bitcoin ETF Discussion Thread : r/Bitcoin - Reddit
Jan 9, 2024 · As the spot bitcoin etf is imminent this 2024, it's important to take note that the asset management firm with the cheapest management fees and most trading volume on the first trading days post-launch will be the winner. It's clearly a winner take most market.
Please ELI5: Why invest in a Bitcoin ETF? : r/Bitcoin - Reddit
A bitcoin ETF is a vehicle to allow those to participate in investing in bitcoin. It removes custody challenges. At companies that have huge amounts of bitcoin, brand new, formal processes need to be created to ensure that no one or two employees can abscond with millions or billions of dollars worth of bitcoin.
Bitcoin vs Bitcoin ETF? : r/Bitcoin - Reddit
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.