🎁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.
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 $1 billion of assets. Other proposed funds have similar waivers, meaning early adopters of the bitcoin ETFs will have little or zero management cost for a brief time.
For such, BITB would remain as my first choice currently. How about you? Kindly share your choice and reasons with us too [Smart] [Smart] [Smart] [Smart] [Smart] .
The bitcoin exchange-traded funds launching Thursday after the SEC long-awaited approval come at a wide variety of price points, with signs that a fee war is already underway.
@TigerStars @CaptainTiger @MillionaireTiger @Tiger_comments @TigerEvents @TigerPicks @TigerClub @TigerSG @Daily_Discussion
can I have the best of both worlds [Grin] [Grin] [Grin] wouldn't it be great to know it's a big company and they charge low fees... this way more people will tend to invest more as charges are more affordable...
what about you darlings...
@Shyon @Aqa @GoodLife99 @Universe宇宙 @LMSunshine @koolgal @rL @Zarkness @Fenger1188 @HelenJanet @DiAngel
Leave your comments and also post to win tiger coins~~~
🌟🌟🌟在选择投资哪只比特币ETF时，重要的是要考虑几个因素：
1.基金经理——是否为知名基金经理及彼等在管理ETF方面有何经验。根据这个标准，我喜欢贝莱德，因为它是全球最大的基金管理公司。
2.费用率——费用率越低越好。在此标准中，按位最低为0.20%，前6个月免收费用
3.流动性——ETF的规模和交易量——在上周四开盘当日的流入量最大。但现在还为时尚早。
所以对我个人来说，这是一场势均力敌的比赛$Bitwise Bitcoin ETF(BITB)$ 和$iShares Bitcoin Trust(IBIT)$ .IBIT的费用率最低，为0.25%，iShares前12个月的费用率仅为0.12%。
因此，我将密切关注这两只比特币交易所交易基金，以做出最终决定。
我很高兴在漫长的10年后，SEC终于批准了11只比特币ETF。这使得投资比特币ETF比直接拥有该资产更容易、更安全。这只是比特币ETF的萌芽阶段，因为我相信还会有其他加密货币ETF效仿。
@ETF Tracker @TigerStars @TigerClub @TigerPicks
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Great ariticle, would you like to share it?
Great ariticle, would you like to share it?
Better to wait till the clarity comes