can someone explain to me what is the purpose of an ETF on bitcoin only? maybe I didnt understand it corectly, but as i see this:
you buy an ETF with a yearly cost so they hold bitcoin for you.....why not just buy bitcoin yourself with 0 cost instead?
I can see the purpose with gold, so you dotn have to physically store gold yourself with all risk involved. nowday is pretty safe to store bitcoin by yourself
you buy an ETF with a yearly cost so they hold bitcoin for you.....why not just buy bitcoin yourself with 0 cost instead?
I can see the purpose with gold, so you dotn have to physically store gold yourself with all risk involved. nowday is pretty safe to store bitcoin by yourself
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@madtao These are my reasons: When buying BTC, there are significantly more costs than buying an ETF. As e.g. €1.200 p.a. via savings plan. Costs Coinbase e.g. 12 x €3.84 = €46.08 fee + €14.40 spread = €60.48 plus the fee for selling. For an ETF, the costs for an investment of €1,200 are 0.35% TER and 0.28% spread = €7.56 and of course you don't have to worry about securing the BTC.
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@Schneidi1985 oh ok it make sense
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@madtao
So these are my reasons why I don't invest in BTC directly but in an ETF / ETC
So these are my reasons why I don't invest in BTC directly but in an ETF / ETC
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