Is there an ETF to

    Posted by douglas51 on 22nd of Dec 2020 at 10:26 am

    Is there an ETF to buy for Bitcoin Exposure?

    ?? GBTC is posted in

    Posted by matt on 22nd of Dec 2020 at 10:29 am

    ?? GBTC is posted in every newsletter and has been for a long time, that's an ETF for general exposure to Bitcoin

    Ok thanks...some brokerage firms don't

    Posted by douglas51 on 22nd of Dec 2020 at 10:33 am

    Ok thanks...some brokerage firms don't allow purchases.

    GBTC should be accessible via

    Posted by rjdst on 22nd of Dec 2020 at 10:55 am

    GBTC should be accessible via a brokerage as its an ETF.  Most of the ones that Matt listed below with charts are available via Fidelity, TD Ameritrade.  I didn't confirm Schwab but would expect they do as well.  For actual bitcoin, you'll need to check out coinbase or similar.  

    Rjdst - GBTC is NOT

    Posted by z0ned on 22nd of Dec 2020 at 11:45 am

    Rjdst - GBTC is NOT an ETF.    There are significant differences.    Google is your friend :)

    Yes, noted.  It's a trust

    Posted by rjdst on 22nd of Dec 2020 at 12:42 pm

    Yes, noted.  It's a trust not an ETF.  Matt covered it well.  Apologies for the loose terminology.  

    yeah I don't think he

    Posted by matt on 22nd of Dec 2020 at 11:50 am

    yeah I don't think he asked about exact definitions. GBTC while not an ETF is an indirect way to have access to bitcoin moves from a stock symbol without buying the actual coin, which is still not that easy to do and your digital wallet can get hacked or the place you store it get hacked and stolen. don't get overly concerned in semantics - kind of like the spelling police, who cares

    I just keep my BTC

    Posted by kalkgrun on 22nd of Dec 2020 at 03:49 pm

    I just keep my BTC on a coin drive with a paper backup. I also use Coinbase for some smaller crypto transactions 

    Those of you with enough

    Posted by 2schnauzers on 22nd of Dec 2020 at 06:30 pm

    Those of you with enough equity can trade bitcoin futures on Interactive Brokers. The monthly roll is costly but if you have a portfolio margin account is very low cost.

    Tried to buy $3 million

    Posted by douglas51 on 22nd of Dec 2020 at 11:20 am

    Tried to buy $3 million of GBTC for my advisory clients at Raymond James....will not accept orders.

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