🎁Spot BTC ETFs To Pick? Choose Companies or Consider Fees?
The quest for a spot bitcoin ETF in the US started in 2013 though initially rejected. SEC approval for bitcoin ETFs based on futures began in 2021.
$BlackRock(BLK)$ and Fidelity’s application for a spot bitcoin product gained momentum due to their influential positions in the US financial system.
All these efforts made the approval possible in 2024.
What are the advantages of spot Bitcoin ETF for retail investors?
It introduces additional regulatory safeguards, providing a more secure investment environment.
Investors gain the opportunity to invest through reputable financial institutions, adding a layer of credibility to the market.
This simplifies the investment process, as investors can hold the ETFs directly in their brokerage accounts.
However, SEC Chair Gensler has cautioned investors to carefully assess the associated risks before committing their funds to the product.
A giant market unfolds.
According to estimates from Bloomberg Intelligence, the spot bitcoin ETF market could grow to $100 billion over time.
ETF issuers are engaged in a price war.
In addition to fees, AUM is related to the liquidity of ETF. In other words, the ETF with poor liquidity may present arbitrage opportunities.
Read this article to learn more How to trade BTC Spot ETF like stocks?
$Bitwise Bitcoin ETF(BITB)$ $ARK 21Shares Bitcoin ETF(ARKB)$ $WisdomTree Bitcoin Fund(BTCW)$ $Invesco Galaxy Bitcoin ETF(BTCO)$ $Fidelity Wise Origin Bitcoin Fund(FBTC)$ $Valkyrie Bitcoin Fund(BRRR)$ $iShares Bitcoin Trust(IBIT)$ $VanEck Bitcoin Trust(HODL)$ $Franklin Bitcoin ETF(EZBC)$ $Hashdex Bitcoin Futures ETF(DEFI)$ $Grayscale Bitcoin Trust (BTC)(GBTC)$
Don’t hesitate to add these ETFs to your watchlist!
What’s your choice?
Will you choose a ETF issued by a large company or choose a ETF with lower fees?
Leave your comments and also post to win tiger coins~~~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
我个人会选择成本最便宜的给你买比特币ETF。[快乐][快乐][快乐][快乐][快乐]
根据我的研究，我认为按位比特币交易所交易基金（BITB）$Bitwise Bitcoin ETF(BITB)$ 在所有新的比特币基金中费用率最低，为0.20%。其他几只基金紧随其后，包括0.21%的Ark21Shares比特币ETF（ARKB）和0.25%的iShares比特币信托（IBIT）。
此外，Bitwise fund还有一项临时豁免，将在6个月内完全取消前10亿美元资产的费用。其他拟议中的基金也有类似的豁免，这意味着比特币ETF的早期采用者在短时间内将几乎没有或没有管理成本。
因此，BITB仍将是我目前的首选。你呢？请与我们分享您的选择和理由[聪明][聪明][聪明][聪明][聪明]。
在SEC期待已久的批准后，比特币交易所交易基金于周四推出，价格各不相同，有迹象表明费用战已经开始。
@TigerStars @CaptainTiger @MillionaireTiger @Tiger_comments @TigerEvents @TigerPicks @TigerClub @TigerSG @Daily_Discussion
can I have the best of both worlds [Grin] [Grin] [Grin] wouldn't it be great to know it's a big company and they charge low fees... this way more people will tend to invest more as charges are more affordable...
what about you darlings...
@Shyon @Aqa @GoodLife99 @Universe宇宙 @LMSunshine @koolgal @rL @Zarkness @Fenger1188 @HelenJanet @DiAngel
Leave your comments and also post to win tiger coins~~~
🌟🌟🌟When it comes to choosing which Bitcoin ETF to invest in, it is important to consider several factors :
1. Fund Manager - is it a well known fund manager and what experience they have in managing the ETF. Under this criteria, I like Blackrock as it is the world's largest fund manager.
2. Expense ratio - the lower the expense ratio, the better. In this criteria, Bitwise has the lowest at 0.20% and the fee is waived for the first 6 months
3. Liquidity - the size of the ETF and the amount of transactions - Bitwise has the largest inflow on opening day last Thursday. But it is still early days.
So for me personally it is a close match between $Bitwise Bitcoin ETF(BITB)$ and $iShares Bitcoin Trust(IBIT)$ . IBIT has one of the lowest expense ratio at 0.25% and iShares is charging only 0.12% for the first 12 months.
So I will be closely monitoring these 2 Bitcoin ETFs to make my final decision.
I am happy that after 10 long years, the SEC has finally approved 11 Bitcoin ETFs. It makes it so much easier and safer to invest in Bitcoin ETF rather than owning the asset directly. This is just the nascent stage of Bitcoin ETF as I believe there will be other Cryptocurrency ETFs to follow.
@ETF Tracker @TigerStars @TigerClub @TigerPicks
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Better to wait till the clarity comes