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Purpose Bitcoin ETF (BTCC.B)
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Fidelity Advantage Bitcoin ETF (FBTC)
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ISHARES BITCOIN TR (IBIT)
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Fidelity Wise Origin Bitcoin Fund Beneficial Interest (FBTC)
Q: For gold, I've always liked your idea of holding the real thing. I therefore followed your advice to have PHYS which I hold as an insurance rather than for trading.
I'm looking to build the same thing in Bitcoin for about 5% of my portfolio. Can you recommend an ETF or fund that is based on holding bitcoin (rather than one that places bets on it).
I'd like to know your opinion on the best one in CAD and in USD. Since I'm holding it for the long term, would it be better to covert to USD and hold it all there?
Please also give your opinion on the 'insurance' strategy and whether you think 5% of each of gold and bitcoin is a suitable amount for this purpose.
Thanks as always.
I'm looking to build the same thing in Bitcoin for about 5% of my portfolio. Can you recommend an ETF or fund that is based on holding bitcoin (rather than one that places bets on it).
I'd like to know your opinion on the best one in CAD and in USD. Since I'm holding it for the long term, would it be better to covert to USD and hold it all there?
Please also give your opinion on the 'insurance' strategy and whether you think 5% of each of gold and bitcoin is a suitable amount for this purpose.
Thanks as always.
5i Research Answer:
There are many ETFs that hold physical bitcoin and do not trade or use the physical coins. ...