🎁Spot BTC ETFs To Pick? Choose Companies or Consider Fees?

ETF Tracker
01-11

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.

Comments

  • Shyon
    01-12
    Shyon

    Personally, I will choose the one with the cheapest cost for you to buy a bitcoin ETF. [Happy]  [Happy]  [Happy]  [Happy]  [Happy]  

    From my research, I think Bitwise Bitcoin ETF (BITB) $Bitwise Bitcoin ETF(BITB)$  has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other funds are close behind, including the Ark21Shares Bitcoin ETF (ARKB) at 0.21% and the iShares Bitcoin Trust (IBIT) at 0.25%.

    Furthermore, Bitwise fund also has a temporary waiver that will eliminate the fee entirely for six months on the first $1 billion of assets. Other proposed funds have similar waivers, meaning early adopters of the bitcoin ETFs will have little or zero management cost for a brief time.

    For such, BITB would remain as my first choice currently. How about you? Kindly share your choice and reasons with us too [Smart]  [Smart]  [Smart]  [Smart]  [Smart] .

    The bitcoin exchange-traded funds launching Thursday after the SEC long-awaited approval come at a wide variety of price points, with signs that a fee war is already underway.

    @TigerStars  @CaptainTiger  @MillionaireTiger  @Tiger_comments  @TigerEvents  @TigerPicks  @TigerClub  @TigerSG  @Daily_Discussion  

  • icycrystal
    01-11
    icycrystal
    Will you choose a ETF issued by a large company or choose a ETF with lower fees?

    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~~~

  • DiAngel
    01-11
    DiAngel
    In my portfolio, i never have a single ETF. All are individual stocks. I attended a webinar once where the speaker indicated that if the fund manager didnt manage the funds well, you have no clue which counters are doing well and what is their percentage. I know that the fund manager has the right to re-allocate the percentage in every quarter or half yearly basis. I would rather manage the counters myself rather than buying a basket of stocks.
  • Aqa
    01-11
    Aqa
    There are 11 approved bitcoin ETF funds now. The Bitcoin ETF issued by crypto-focused asset managers like Grayscale which is the biggest issuer of USD 28.58 Bln in AUM has the highest fee at 1.5%. Whereas the Bitwise Bitcoin ETFs (BITB) with the smallest AUM has the lowest expense ratio of all the funds, at 0.2%. Choose a ETF issued by a large company or choose a ETF with lower fees. Since some of the funds have waivers that forego all or part of the fees for a period of time, Investing in a bitcoin ETF carries risks, similar to investing in cryptocurrencies directly. The value of bitcoin is highly volatile.
  • nomadic_m
    01-11
    nomadic_m
    in the first instance probably wait & see approach. fees do add up in the long run so it would make sense to choose a lower fee ETF. may also check if dividend is offered & how frequent. do your own due diligence my friends ✌️
  • koolgal
    01-14
    koolgal

    🌟🌟🌟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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