Buying Bitcoin ETF vs Buying Actual Bitcoin : r/CryptoCurrency
If the value of Bitcoin goes up, the price of the ETF share goes up and vice versa. Second, my understanding is that this would be aimed at "traditional" or "retail" investors, allowing them to have exposure to Bitcoin. Third, this is all assuming perfect world scenario's where the Bitcoin ETF(s) get approved in the US.
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.
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 ETF : r/CryptoCurrency - Reddit
Feb 18, 2021 · BTCC ETF opened recently and I am wondering how it works. Is the main reason for buying the ETF to hold it in a tax advantaged account? And the price of the ETF should 100% correlate with the price of Bitcoin? Most importantly, how does this affect the decentralization of currency through btc if the asset exists through a broker and/or a bank?
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.
Understanding Bitcoin ETFs: How They Work and What They Mean …
Jan 11, 2024 · A Bitcoin ETF is a type of exchange-traded fund that tracks the price of Bitcoin and allows investors to trade and invest in Bitcoin without actually owning the cryptocurrency. This type of investment vehicle provides an alternative for those who want exposure to Bitcoin's price movements without the complexities of managing actual ...
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.
What are everyone’s thoughts on BITCOIN ETF? Are you going
Dec 30, 2023 · ETF as a Legitimization Step-The introduction of a Bitcoin ETF can be seen as a step towards the legitimization and mainstream acceptance of Bitcoin, making it more accessible to a broader investor base. Market Evolution-The reliance on attracting new investors is not unique to Bitcoin; it is a characteristic of most emerging asset classes.
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.
Opinion on BITX - 2x Bitcoin ETF by Volatility Shares
Apr 2, 2024 · Grayscale Bitcoin Trust ETF (NYSE Ticker: GBTC) AUM now at only $23.7B, vs. upstart BlackRock's iShares Bitcoin Trust (Nasdaq Ticker: IBIT) with $17.8B. After April of this year, IBIT should overtake GBTC's AUM to be the The …