Q: Could you name the best Canadian dollar and US dollar bitcoin ETF to buy?
5i Research Answer:
Despite the higher liquidity of the Purpose Bitcoin ETF in Canada ($2.3B), we give the slight edge to the Fidelity Advantage Bitcoin ETF (FBTC) in Canada. FBTC has $518M in AUM, a better MER of 0.69%, and Fidelity self-custody's the bitcoin using its in-house storage services.
For the US, we like the iShares Bitcoin Trust ETF (IBIT).
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in BTCC.B, IBIT.