Best bitcoin etf on Reddit

48 reviews from r/BitcoinCA, r/Bitcoin, r/BitcoinMarkets and 3 more subreddits

48 reviews from
and
By Brand
/
By Product
#1

Bitcoin

3.5
(6)
"For the average person? Bitcoin ETF is the move."
·
"For the above average? Bitcoin!"
·
"BTC has significantly outperformed BITO in both short and long-term metrics."
·
"Holding BTC for over a year avoids taxes, making it a better option."
·
"Buying Bitcoin ETF incurs taxes, making it less favorable."
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"Investing in Bitcoin ETFs is risky for individuals, as they are often manipulated and provide little security."
#2

BTCC

3.6
(5)
"Btcc. There is a usd or a cad based one."
·
"BTCC has slightly more volume than BTCX... liquidity is key if you want to move in and out of something easily"
·
"Purpose Bitcoin ETF - BTCC."
·
"BTCC has lower fees and typically a premium vanishes quickly."
·
"BTCC has a nasty 1% fee, go with btcx"
#3

BITO

2.8
(6)
"BITO gets its dividends from profits off future contracts, making it a good choice for income."
·
"I do like the monthly dividends."
·
"BITO does a decent job following Bitcoin's movements but has a notably high expense ratio."
·
"A 23% yield sounds amazing, but there are potential risks to consider."
·
"BITO captures all of the downside, but only half of the upside."
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"Many already buy the BITO etf even though it is flawed in terms of bitcoin exposure."
#4

FBTC

4.0
(4)
"FBTC, BITB, and IBIT seem like good options for ETFs, when looking at current pricing."
·
"Fbtc is good. They self custody and have low fees (relatively)."
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"FBTC and BTCX"
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"FBTC has the lowest management fees."
#5

BTCC.B

4.0
(2)
"I use btcc.b, I believe it is the biggest fund"
·
"I'd recommend a split between BTCC.B and BTCQ in order to minimize risk stemming from a hack on the underlying custodian."
#6

BTCX.B

4.0
(2)
"BTCX.B then switch to BITI after ETF approval then back to BTCX.B in the summer"
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"BTCX.B -- CI Galaxy Bitcoin ETF CAD Unhedged"
#7

QBTC

2.7
(3)
"QBTC.to"
·
"Your mileage may vary, and I'm not a financial advisor."
·
"QBTC had a premium of about 20% for weeks and now it hovers around 0%."
#8

BTCY

4.0
(2)
"Purpose BTCY ETF offers close to 15% dividend and growth tax-free."
·
"I have a bit of BTCY in my portfolio. Pays a monthly dividend which I like."
#9

Canadian Company

4.0
(2)
"QBTC.U provides a higher BTC per share but has a slightly higher fee."
·
"BTCG.UN offers a decent return with a manageable fee."
#10

ProShares

2.7
(3)
"IBIT tracks the spot price of Bitcoin and is likely to recover from a crash."
·
"BITO is based on futures contracts, making it risky if Bitcoin crashes."
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"BITO's structure leads to dividends that reduce share price, making it less effective than buying spot BTC."
#11

ETF

3.0
(2)
"The ETF is a good option for those who want to diversify with BTC without the hassle of holding it directly."
·
"The ETF may miss out on gains when Bitcoin rises above the strike price."
#12

Blackrock

5.0
(1)
"The new slate of Spot Bitcoin ETFs are much better since they simply hold the Bitcoin and therefore have cheap fees and will accurately reflect the underlying price over the long term."
#13

Fidelity

5.0
(1)
"The new slate of Spot Bitcoin ETFs are much better since they simply hold the Bitcoin and therefore have cheap fees and will accurately reflect the underlying price over the long term."
#14

BTTC

5.0
(1)
"I am personally invested in BTTC.B, the oldest BTC ETF available with the largest AUM and trading volume."
#15

Purpose

5.0
(1)
"Purpose BTCC is hands down the best ETF in Canada at the moment with the highest AUM and a strong track record."
#16

Grayscale

4.0
(1)
"Grayscale is working on converting GBTC into an ETF, which should greatly reduce the discrepancy between GBTC and actual BTC."
#17

GLD

4.0
(1)
"I buy the GLD etf when I want gold."
#18

IBIT

4.0
(1)
"If you want to get in on the Bitcoin insanity without the hassle of buying actual bitcoin, IBIT is definitely the way to go."
#19

BTCX

4.0
(1)
"BTCX also offers low management fees."
#20

BTCC ETF

4.0
(1)
"An ETF is a better way to go than a close-ended fund."
#21

Questrade

2.0
(1)
"The commission fee for buying ETFs like QBTC or QETH is confusing, as they should qualify for free buys."
#22

Bitcoin ETF

2.0
(1)
"The comment suggests a need for a bot to list negative aspects of Bitcoin ETFs."

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