Investment Q&A

Q: 1. What is the best Bitcoin and Ethereum Fund to Purchase to Invest in these 2 Crypto Currencies that are as closest to buying the actual currency on Netcoins , Coinbase, Etc

2. I have dealt with Netcoins and Coinbase in the past, but lately I am having issues dealing with them to purchase these currencies... They do not make it easy for me with their security features...
- Their websites and Apps dont give proper access to their services or how to access them to change settings... Especially Netcoins...
- Coinbase is troubling in the fact that you can only transfer funds back to Canadian or US dollars by using Paypal

3. Please provide answers & thoughts ...

4. I know this is not your main specialty, but I would appreciate your take on these questions and your overall opinion...

Thanks,
M

Q: Is there a safe easy way to buy these coins in Canada? what about the USA? Is it better to buy them in the US than Canada?

Other than losing money are there any other risks to look out for?

Q: What are your thoughts on BITCOIN. What is best way to play it or is there one.? I do not understand the future of Bitcoin Who uses it ? Do countries use it, do Corporations use it. Do Banks use it ? What is benefit of using it,

I know criminals use it extortion payments Trump and Harris were backing it. Was this because 80,000,000 U S Residents use it so they were both saying Yes to get their vote ?

RAK

Q: There are a few parts to this question...
I'm bullish on Bitcoin longterm and think it will appreciate well in the coming year or so and overall in the next few years (despite still being volatile).
If one were to borrow and invest in a non registered account:

1. Can you write off the interest expense if you buy Bitcoin from an exchange and hold in cold storage?

2. If you buy an etf -and can write off the interest expense- what are the trade offs in buying a spot etf (FBTC) vs. a yielding etf (BTCY.B)?
My thought is the monthly dividend payment on a yielding product would be about twice the interest expense in this case so that would be a benefit over the spot etf if there's sideways price action or bitcoin volatility. Can you comment on the basic tax implications of this plan as well as the investment plan. All things considered would it be preferable to own the spot etf? Any other thoughts or suggestions would be welcome.

Thanks very much

Q: Hello. What are the best ways to own actual bitcoin in Canada? Via a digital coin exchange/platform or via an ETF?

Can you recommend a platform and some ETFs?

What do you think about BTCC?

What are

Q: Hi Guys Looking for your recommendations on a crypto ETF. Thank you

Q: Could you name the best Canadian dollar and US dollar bitcoin ETF to buy?

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.

Q: Could you compare the cumulative returns between BTCC and BTCY for the past 2 years or so. I know a yielding product would typically return less over time with an appreciating underlying asset, but I'm wondering what the comparison is assuming one reinvested dividends?

Also, could you also suggest what bitcoin etf in Canada has the lowest fees or the best one to use for a long term hold?

Thanks very much

Q: Hello Team,
I am newbie when it comes to understanding Bitcoin as a digital currency. But we continue to become more and more of a digital world.
I understand this year, the SEC approved ETFs that can be bought and sold on the exchange providing more options for liquidity. Is this also the case for Canada?
Do you believe Bitcoin would be reasonable investment holding as a small portion (say less than 10%) of an total portfolio.
Do you see a reasonable future /demand and use for bitcoin?
If yes, could you recommend 3 bitcoin ETFs that reasonable AUM and daily volumes
Thank you,

I understand there a number of questions here that require the use of more credits. That is fine and look forward, as usual to your respone.

Richard

Q: I am retired and comfortable with the mix of stocks I have but with the increase in chatter about bitcoin I wonder if I am missing something. I have looked at bitcoin as a pyramid scheme and avoided it. Can you comment on its value and if you think is has any, maybe suggest some options to buy into this new commodity.

Q: Hi The focus on bitcoin these days I am surprised that I can’t find more questions or information about bitcoin and related cryptocurrencies on the 5i website.

I can’t help but wonder if I’m just not asking the right questions or looking in the right places.

If that’s the case, can you please direct me to the proper area so I can do some homework before making a commitment

On the other hand, if there isn’t anything currently available on your website, could you please tell me what your top three bitcoin purchases would be?

Addition, could I have your thoughts on Solana and Ethereum going forward

As always, thank you so much for your help. Much appreciated.

Q: Can you suggest some Canadian and US listed stocks and ETF's one might want consider to get a small exposure to BlockChain in a TFSA. Do any of these companies make any money? Do you think the ETF's are reasonable proxies for BitCoin but with less volatility?

Q: Morning 5iTeam,

Would you please recommend a couple of bitcoin ETFs in both Canadian and US markets.

Cheers,
Harry

Q: Hello, I am looking at investing a small part of my portfolio into Bitcoin. I don't want to hold real bitcoin, can you suggest a couple ETF's in Canada that I could purchase?

Q: Hello
I guess you knew someone was going to ask this. Of the new 11 spot bitcoin US ETFs newly approved, which three have the lowest MERs and what would your three favorites be and why if you have any?
Thanks
jeff

Q: Hi Team
I was wondering if there is a way to play options on bitcoin, I am thinking of buying puts
thanks