BITO invests in paper fake Bitcoin futures contracts. The OP is looking to buy a spot BTC ETF where the holdings are backed by real bitcoin.

Dec 30, 2023 · What are everyone’s thoughts on BITCOIN ETF? Are you going to include in your portfolio? im thinking of allocating 10% of all future investments into the ETF. Asset-Backed Securities

If I’m just looking to invest, what are the differences in buying Bitcoin directly Vs buying the ETF?

A Bitcoin ETF scam would be trading more ETF shares than the BTC the institution actually holds. Which is a very real possibility when you look at what the gold ETFs do.

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 …

Buying the ETF allows you to gain exposure to Bitcoin without actually owning the actual cryptocurrency, you can often buy leveraged ETF’s like a 2X or 30X Reply reply Particular_Put5007 • Reply reply …

Fidelity doesn’t allow purchases of the bitcoin ETF until you sign an acknowledgment that bitcoin is risky and volatile and make you change your investing profile to most aggressive so they can cover their …

In an ETF, you buy shares like you would a stock. The ETF holds actual Bitcoin, and the value of the shares mirrors the value of the Bitcoin 1 to 1. With actual Bitcoin, you control the keys, and buy it …

Jan 13, 2024 · The cash redemption process for spot bitcoin ETF may mean higher volatility and transaction cost in general Have done some homework below (in alphabetical order):

The fact that "bitcoin" can now be traded on the stock market is such a slap in the face to the movement we're trying to build & promote that it's laughable. But to answer your question more directly, if you …