Q: Hi 5i Looking to get into Crypto. What is the best Canadian ETF?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I am becoming interested in bitcoin. I have not invested because I don’t really understand it. But I see a number of trust-worthy people getting very interested. It seems to be seen as an alternative and often a better alternative than holding gold. In your view what is the risk level of holding bitcoin at this point in its evolution? And can you suggest any educational material on the subject? Finally, what would you suggest for buying if someone is interested?
Thanks for the great service as always
Thanks for the great service as always
Q: lOTS OF MONEY HAS BEEN MADE IN THIS AND SPACE SECTOR FOR RISKY INVESTOR WHAT TO BUY?
Q: I am interested in opening a position in a Bitcoin ETF. It can be Canadian or U.S. Which EFTs would your recommend?
Michael
Michael
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Purpose Bitcoin ETF (BTCC)
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3iQ Bitcoin ETF (BTCQ)
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CI Galaxy Ethereum ETF (ETHX.B)
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Evolve Cryptocurrencies ETF (ETC)
Q: Hi Peter & 5i team,
Many investors consider cryptocurrency highly speculative or even risky. Recently portfolio managers are adding crypto to their holdings. What would be a good way for the retail investor to add a small percentage ( if any) to their portfolio?
Thank you for your opinions.
Many investors consider cryptocurrency highly speculative or even risky. Recently portfolio managers are adding crypto to their holdings. What would be a good way for the retail investor to add a small percentage ( if any) to their portfolio?
Thank you for your opinions.
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Galaxy Digital Holdings Ltd. ordinary shares (GLXY)
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Purpose Bitcoin ETF (BTCC)
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CI Galaxy Ethereum ETF (ETHX.B)
Q: I have $10,000 that I would like to put towards some kind of crypto exposure. I'm just not sure how to play it, but I'll bet my trusty friend Peter will know! I'm open to any ideas including buying Bitcoin itself, or a miner, anything really. ETF's are a little boring but maybe with this amount of money that's all I can do? Perhaps split the money into 2 ideas? I'm very comfortable with risk. What would you do and thank you so much for helping with everything.
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HIVE Digital Technologies Ltd. (HIVE)
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Hut 8 Corp. (HUT)
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Galaxy Digital Holdings Ltd. ordinary shares (GLXY)
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Purpose Bitcoin ETF (BTCC)
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CI Galaxy Ethereum ETF (ETHX.B)
Q: Which of HUT, HIVE or GLXY would you recommend for a small speculative position? Or would you suggest a combination of HUT or HIVE plus GLXY assuming no material difference between the two bitcoin miners? Alternatively, is there a crypto ETF that you would suggest instead? Thanks.
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Purpose Bitcoin ETF (BTCC)
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3iQ Bitcoin ETF (BTCQ)
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Evolve Ether ETF (ETHR)
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CI Galaxy Ethereum ETF (ETHX.B)
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Evolve Cryptocurrencies ETF (ETC)
Q: Is it time to get into cyber currencies and how would you suggest investing in it?
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Purpose Bitcoin ETF (BTCC)
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CI Galaxy Bitcoin ETF (BTCX.B)
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3iQ Bitcoin ETF (BTCQ)
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Ninepoint Bitcoin ETF (BITC)
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ProShares Bitcoin ETF (BITO)
Q: Given all the hype around Bitcoin and projected value reaching $100K US by Year-End, is it worth the risk of Buying this ETF now?
Many Thanks!
Many Thanks!
Q: Hello Peter,
With recent announcements of US companies launching Bitcoin ETFs, there is a concern that Canadian Companies may experience outflows. If so, i would think if one was invested in a bitcoin eft such as the one from purpose or evolve, the stock price (representing etf of bitcoin) would still go up if bitcoin went up? Hence, i don't see concern from putting monies in the canadian ETFs. Any comments please? Also, what is your opinion on whether the etfs are hedged? Does it mean the hedging works both ways whether the canadian dollar goes up or down? I was expecting Nuvei to do much better after the US listing but the stock has not moved. Are you still comfortable with new monies in Nuvei? Lastly, i was thinking of increasing my position to 3 percent for ATS automation. From your responses, you seem to like the stock. Thanks very much.
With recent announcements of US companies launching Bitcoin ETFs, there is a concern that Canadian Companies may experience outflows. If so, i would think if one was invested in a bitcoin eft such as the one from purpose or evolve, the stock price (representing etf of bitcoin) would still go up if bitcoin went up? Hence, i don't see concern from putting monies in the canadian ETFs. Any comments please? Also, what is your opinion on whether the etfs are hedged? Does it mean the hedging works both ways whether the canadian dollar goes up or down? I was expecting Nuvei to do much better after the US listing but the stock has not moved. Are you still comfortable with new monies in Nuvei? Lastly, i was thinking of increasing my position to 3 percent for ATS automation. From your responses, you seem to like the stock. Thanks very much.
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Purpose Bitcoin ETF (BTCC.B)
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Purpose Bitcoin ETF (BTCC)
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3iQ Bitcoin ETF (BTCQ.U)
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Purpose Ether ETF (ETHH.B)
Q: I am with TD and wanted to further explore crypto currencies.
I am looking at Bitcoin, Ethereum (CRYPTO:ETH), Stellar (CRYPTO:XLM) and Cardano (CRYPTO:ADA.
I am not sure, but I could buy Bitcoin with BTCC.B?
Ethereum with ETHH.B?
And I would have to buy Stellar and Cardano with Coinbase, or does TD or Weatlhsimple do this?
Or is there an ETF for Stellar and Cardano or is there an ETF for a group of newer coins?
Really confused Boomer.
I am looking at Bitcoin, Ethereum (CRYPTO:ETH), Stellar (CRYPTO:XLM) and Cardano (CRYPTO:ADA.
I am not sure, but I could buy Bitcoin with BTCC.B?
Ethereum with ETHH.B?
And I would have to buy Stellar and Cardano with Coinbase, or does TD or Weatlhsimple do this?
Or is there an ETF for Stellar and Cardano or is there an ETF for a group of newer coins?
Really confused Boomer.
Q: Hi folks. El Salvador has accepted Bitcoin I believe and even given their citizens some of the currency. Why have they taken this stance? A safeguard against the inflation in their fiat currency? Do you think other countries will follow suite?
Has this changed anything with the outlook on Bitcoin?
Thank you and good day.
Has this changed anything with the outlook on Bitcoin?
Thank you and good day.
Q: I would appreciate your opinion on the Bit Coin craze. I feel that it is important to be involved in but as a retail investor safety is very important and I am considering BTCC for my investment. So far this company has proven very reliable as I have other investments with them. So, is this a good start into Bit or can you provide better alternatives. Thanks James
Q: If one wanted to add some exposure to Bitcoin or crypto currency in a portfolio what would your suggestions be?
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Bitcoin Fund The (QBTC)
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Purpose Bitcoin ETF (BTCC)
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Purpose Ether ETF (ETHH)
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3iQ Ether Staking ETF (ETHQ)
Q: Cryptocurrency: what is the best way to buy cryptocurremcies for a personal account. I bank with TD and they suggest going through the TD Platform then through BitBuy Canada since they trust the process and security of BitBuy Canada. I would like to pursue the purchase of Ethereum due to its price. Is it a digital currency that you would purchase or have purchased. Or due you suggest another.
Thanks for advice,
Clayton
Thanks for advice,
Clayton
Q: I would like to purchase an ETF for either Bitcoin or Ethereum.Could you explain the difference between the two
This would be a minimum of a ten year hold
Thank you
Paul W
This would be a minimum of a ten year hold
Thank you
Paul W
Q: What are some of the best crypto ETF’s to invest in at this time?
Thank you
Thank you
Q: Cryto/bitcoin/ethereal
Just wondering what your thoughts are on this sector. If u wanted to invest with a small position what would u recommend? Thanks as always. Clare
Just wondering what your thoughts are on this sector. If u wanted to invest with a small position what would u recommend? Thanks as always. Clare
Q: 5 i's recommended vehicle for those interested in the bit coin investment opportunity appears to be BTCC.
GLXY , that appears to have been on the same scene since Oct 2018 has seen little price movement until recently but has now broken out to the upside.
How are these two investments different?
How do they compare as far as risk?
Is it too late to add to a position in GLXY or best to just allow BTTC the same opportunity to develop?
Your wise counsel has paid off handsomely in the past and is much appreciated!!!
GLXY , that appears to have been on the same scene since Oct 2018 has seen little price movement until recently but has now broken out to the upside.
How are these two investments different?
How do they compare as far as risk?
Is it too late to add to a position in GLXY or best to just allow BTTC the same opportunity to develop?
Your wise counsel has paid off handsomely in the past and is much appreciated!!!
Q: Hello 5i,
We purchased QBTC when it was available, then purchased BTCC.B when it was recommended by 5i, and it looks like BTCC is now recommended. Can you clarify which Bitcoin stock is preferred - BTCC or BTCC.B or another Bitcoin stock?
Would it make any sense to own 1/2 of the ETF stocks in BTCC and 1/2 in BTCC.B if you have a 4% position?
Thank you for your fantastic service.
Cheers,
Debbie and Jerry
We purchased QBTC when it was available, then purchased BTCC.B when it was recommended by 5i, and it looks like BTCC is now recommended. Can you clarify which Bitcoin stock is preferred - BTCC or BTCC.B or another Bitcoin stock?
Would it make any sense to own 1/2 of the ETF stocks in BTCC and 1/2 in BTCC.B if you have a 4% position?
Thank you for your fantastic service.
Cheers,
Debbie and Jerry