ETF

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Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1sqcigm/btc_still_sitting_at_7475k_after_the_worst/ While DeFi experienced its worst weekend of the year; * $292 million drained from Kelp DAO, * $6.6 billion in TVL evaporating from Aave, * AAVE down 17%, emergency freezes across 9+ protocols), Bitcoin spent the weekend ranging quietly between $74,000 and $75,500. It didn't crash or spike. It just sat there. In previous cycles, a DeFi contagion event of this scale would have dragged BTC down as the market repriced systemic risk across the whole ecosystem. The fact that it didn't suggests something structural has shifted in who's actually holding Bitcoin, and on what infrastructure. The ETF holders, the Schwab clients, the institutional allocators, are [not exposed to rsETH or LayerZero bridges](https://news.bitcoin.com/zachxbt-flags-280m-kelpdao-exploit-hitting-ethereum-defi-lending-markets/). Their Bitcoin exposure is custodied at Coinbase and BNY Mellon, sitting in regulated trust structures that have zero connection to the DeFi composability stack that just blew up. Speaking of which, Charles Schwab formally launched Schwab Crypto this week, opening direct spot BTC and ETH trading to its clients at 75 basis points per trade. That's not cheap by crypto-native standards, but Schwab has 34 million active brokerage accounts. The product doesn't need to be price-competitive with Coinbase. It just needs to be convenient and trusted, and for that audience it is both. Bitcoin ETF total assets crossed back above $100 billion this week on the back of strong inflows, the first time since the bear market deepened in February. The week ending April 17 saw some of the heaviest single-day inflows of the year. The picture being painted is a market in genuine bifurcation. DeFi is running hot with innovation, yield, composability. And apparently, with hackers who can drain $292 million in 46 minutes. Bitcoin, increasingly wrapped in regulated ETF structures and accessible through traditional brokerages, is becoming something different. Less volatile relative to its own history, less correlated with DeFi drama, more insulated from smart contract risk. Whether that's good or bad for the soul of crypto is a separate debate. As a price dynamic heading into the next six months, it's probably bullish for BTC specifically. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

TheresNoSecondBest

Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (air-gapped) and use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is not air-gapped. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

ScrewTheBanker

Unpopular opinion but If I'd been holding since bitcoin was sub $10 then I'd be selling a chunk too. You can't live in a Bitcoin. Also, businesses are people. Whether the people are shareholders, ETF investors or business owners, it's still a form of retail. If I'm a window cleaner or a gardener and I buy bitcoin using my company funds, I would still class myself as a retail investor. I don't worry too much about institutions buying bitcoin.

tribepride25

I specified US because some other countries do not have taxes on Bitcoin so that would change the strategy. No need to buy the ETF if you live in one of those countries

Forded_Fiction24

I do both. Self custody wallet and then have FBTC and IBIT within my Roth IRA. The tax advantage could be insane in the long run, but also there's risk to consider which is why I also have 2 different ETF's who use different custodians

kobriks

You mean trading or investing? If it's the former don't. Incredibly hard and almost guaranteed way to lose all your money. For investing either just buy bitcoin or S&P500 ETF and sit on it for a few decades. That's really it, that's the optimal strategy. It's that simple.

MoverWhoStacksSats

This is genuinely a values question as much as a financial one, and you already answered it yourself — you said holding an ETF is against what you believe. That matters. The tax-deferred growth in a Roth IRA is real and valuable. But an ETF is a promise from a institution that they hold Bitcoin on your behalf. Physical BTC in self-custody is the actual asset. Those are fundamentally different things. If you’re negative at $100k entry and there’s no tax hit, this is probably the cleanest window you’ll get to make that switch. The Roth IRA tax advantage is nice but Bitcoin in a Roth still lives inside the traditional financial system you’re trying to get outside of. Not financial advice — just how I think about the difference between exposure to Bitcoin and actually owning it.

bitcoinphilosophy

BTC, ETF, or MSTR? [https://youtu.be/JFz6gGP\_rrE](https://youtu.be/JFz6gGP_rrE)

jdauhmer

If you're going on the four year cycles, then we probably still have some downside. Probably somewhere around October will be the lows if it plays out like it has the last few cycles. My guess is a wick down toward 50k at some point between now and then. If you believe the four years cycle, then it looks like a solid plan. I don't know if I would start accumulating in the 70k range, personally. Maybe you should just DCA into Bitcoin for a few months. If we get the dip, then move that money into the ETF around 60k.

Western-Source710

If buying via an ETF like IBIT, then you just use a margin loan through your brokerage. If you have actual BTC, I would imagine there would be some cold storage rule, plus the blockchain is public information so the bank could immediately see if the coins moved (if left in custody of the owner, not the lender), etc.

Alexchii

I have enough Bitcoin. Just buying All-world ETF now.

TheresNoSecondBest

Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (air-gapped) and use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is not air-gapped. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

Cptn_BenjaminWillard

You're correct, there are several ETF's for Ethereum, including Staking ETF's. I'm also Canadian.

SpendHefty6066

Keeping your coins on Coinbase, or any exchange, or your money in a Bitcoin ETF has little to do with Bitcoin. It is exposure to the price of Bitcoin which is a fiat construct.

Disastrous-Engineer2

Can someone explain Btc etf. I don't get it at all. How tf should that even work? Why not own bitcoin instead? What are the positives of ETF?

MCL-Jonathan

1) Saylor continuous buying, 2) ETF adoption

crimeo

Both are factually treated as stores of value by tons of people, whether it's incidentally/meanwhile better at transactions than BTC or not. For example in Canada where I live, Ethereum got an ETF approved in brokerages like 2 months after BTC did. Which makes zero sense to even exist if not using it as a store of value. The ethereum ETF here I know of (I think there's more than one) has about 6.5 billion in assets in it, which is massive considering it's not everyone in the world using it, just Canadians.

MoverWhoStacksSats

Robinhood isn’t the worst place to start but there’s one real problem: you don’t actually own the Bitcoin. You own an IOU. If Robinhood has issues, you have no recourse and no way to move your coins. River or Strike for buying, then withdraw to a hardware wallet. That’s the standard path for people who are serious about it long-term. The ETF point above isn’t wrong for simplicity, but there’s a difference between exposure to Bitcoin’s price and actually holding Bitcoin. One is a bet, the other is a savings decision. Depends which one you’re trying to make. I moved furniture for 15 years before I figured this out. Not a finance guy. But I’ve held through two major crashes by having a simple plan and not reacting to every headline. That’s honestly 90% of it.

crimeo

Are you suggesting there's a gamestop ETF?

PsychologicalCat937

Ngl, watching BTC headbutt the $76k resistance for the 100th time this month is basically the financial version of Groundhog Day. Everyone in here is acting like Goldman entering the ETF race was going to send us to $150k overnight, but the market clearly missed the memo. Tbh, just HODL and go touch grass—checking the price every 10 minutes in this crab market is just a high-speed way to age 20 years. 💀

ChoddyBarmer

I understand this, but leave it as is. Both will be growing indefinitely, but to protect yourself from worst case scenarios it's better to have a diversified portfolio. Just keep stacking though DCA and keep buying the ETF

fairlyaveragetrader

The easiest way for the average person is honestly the etfs, Ibit or fbtc. You don't have to trade fees, you don't have to deal with trying to figure out your taxes. It's extremely straightforward and you can do it on any brokerage If you want to learn how wallets work and how to store your own, you can do that at some point but you really need a good understanding of the risks, how to mitigate them, and you have to keep your own records. If you're a United States citizen this is a problem now with taxes. If you buy BTC on coinbase and you send it to your wallet and then you send it back to coinbase to sell it they are not going to have a record of what your cost averages. If it's a bunch of little transactions it gets even more complicated. You can average your cost and try to kind of sort of come up with it but you're not likely to have good records unless you're really meticulous With the etfs, it's extremely simple, point and click. They are a physical custody ETF, easy peasy. I got into Bitcoin about 10 years ago, learned everything about hardware wallets, how the blockchain works, security, nowadays I just have ibit shares. It's just so much more simple

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1snoa1u/whales_bought_270k_btc_in_the_last_30_days_while/ Two things are happening at once on-chain, and they're directly in conflict with each other. On one side: whale addresses have accumulated approximately 270,000 BTC over the past 30 days. This roughly amounts to $20 billion worth of Bitcoin being absorbed by large holders at prices between $65K and $75K. ETF inflows are running at $200-$450 million per day. Institutional demand is real and it's been consistent. On the other side: exchange inflows are running at around 11,000 BTC per hour right now. Multiple transfers above 1,000 BTC are hitting Binance. Large deposits account for over 40% of inflows. This is distribution: holders who bought lower are selling into the rally and banking profit. Both things are simultaneously true, which is why the market looks the way it does. [Every time BTC nudges above $75,000](https://news.bitcoin.com/bitcoin-tests-75000-as-whales-accumulate-270000-btc/), the on-chain realized profit/loss indicator spikes, meaning more holders cross into profit territory and immediately start moving coins to sell. The rally creates its own supply. Institutional buyers absorb it, but not fast enough to produce a clean breakout. This is actually a fairly well-understood pattern at key resistance zones. The market needs either the supply to exhaust itself, meaning everyone who wants to sell into $75K eventually does, or for a macro catalyst to create enough fresh demand to overpower the distribution. The Iran situation has been that catalyst intermittently, but each ceasefire signal fades and the sellers come back. The resistance at $76,800 specifically is cited as the next clean break level. Above that, supply thins and the path toward $80K opens faster. Below $74,000 on any close and the whole setup risks unwinding toward the $70-71K range that's proven to be strong support. What makes this environment tricky to trade is that both the bull and bear cases have genuine on-chain support simultaneously. Whales are not leaving. But neither are the sellers. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

oki_sauce

Use a ETF overlap cause you have a good amount of overlap in these ETFS. Im assuming youre young and thst means you can take risk. Crypto is bad. Btc is good. The further you go down the line, the riskier and/or more volatile you get. Look into international etfs like VXUS too. Also, just because you have overlap doesnt mean you need to sell them, just start reinvesting your dividends into something else. schb also has higher expense ratio, so you are paying more. Nobody suggests buying SPY for example because the expense ratio is high. You can find something that measures the same fund but at lower expense like SPYM

anyusernaem

Whens Fidelity gonna have this? Or will it never happen because of ETF's?

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Post is by: Kind_Magazine5781 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1snflo1/crypto_still_trades_more_like_liquidity_than_tech/ Watching crypto lately, it still feels like price action is driven more by macro liquidity than fundamentals. BTC tends to move first with shifts in rates, USD strengthn, and risk appetite, while alts just amplify the same move with a delay Even when on chain activity or ecosystem news is strong, it often doesn't matter in the short term if liquidity is tightening. Isntead, derivatives positioning, funding rates, adn ETF flows seem to explain more of the day to day movement So despite all the crypto as tech narratives, the market still behaves more like a high beta liquidity trade than a decoupled sector *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Imagination_Drag

Let’s be honest. What have we learned: 1. Strategy has been the only thing keeping bitcoin from hitting $50k (or lower) 2. Bitcoin is clearly now just a “Nasdaq on steroids” risk asset 3. ETF holders are both a blessing and a curse for bitcoin. So it comes down to your risk tolerance…

AddendumDry8125

"El dinero transparente es una trampa. Mientras el mundo duerme, las ballenas institucionales han movido $5 mil millones a las piscinas blindadas de ZCash. La SEC ya dio luz verde al cerrar su investigación. ¿Vas a esperar a que el ETF de Grayscale se apruebe para entender que la privacidad ya no es opcional? Es obligatoria

MCL-Jonathan

It’s definitely going more mainstream with more supporting platforms and tech in place. No doubt more and more users getting onboarded. Older people, maybe they don’t need to fiddle with tech etc, they can just buy the Bitcoin ETF.

Lans_Downe

Is the global ETF 100% of your investment assets? 80%? 50%? If it's all you've got - think 7 times before you do it. You're thinking to transition from low to extra high volatility. Will you sleep well if BTC falls to 50k? What will you do? Buy more? Do you have another 50-100k stashed elsewhere?

devCheckingIn

It was a $2,000 drop in the span of 20 minutes. Something must have triggered that. Maybe an ETF unloaded some shares.

elephantdance11

I think we're talking about the same thing? I agree, a. But we both agree, that's not for everyone. (many people think b), hence the ETF's growth). Not everyone sees the world the same way we do.

SavedSaver

I would like to know why the 2x Solana ETF SOLT is lagging the other Crypto ETF's

ecelps

Going all in is usually where people get burned, regardless of the asset. I’m bullish on BTC too but having some diversification helps you breathe if things don’t go as expected. I hold both BTC and a BTC ETF lol

VeryThicknLong

What specific products allow you to invest through an IFISA on a BTC ETF?

7ailwind

Just buy actual BTC instead of the ETF. Not your keys, not your coins.

slimdizzy

I don't do meetups for my ETF investments, why should I do it for Bitcoin. It's money not culture. Also get mugged for 12 words. No thanks.

user_name_checks_out

> And I'll get downvoted for this because "not your keys not your coins" Yup. Downvoted. NYKNY₿. An ETF gives you only exposure to the bitcoin price. You miss out on the main point of bitcoin, which is financial sovereignty, holding an asset that can't be confiscated.

AlgonikHQ

Your dad isn’t wrong, crypto is genuinely high risk and the scam rate is higher than almost any other asset class. His instinct to protect you as a beginner is correct. That said, a small allocation to established crypto like BTC or ETH alongside a solid ETF foundation isn’t unreasonable once you understand what you’re buying and why. The key word is small, 5-10% of a portfolio maximum, money you could lose entirely without it mattering. Your ETF choices are solid. VOO and SCHB as the core is exactly the right foundation for a beginner. Get comfortable with those first, understand how they work, then consider adding a small crypto position later if you still want the exposure. Never buy crypto because it’s exploding, that’s usually when the late buyers get hurt.

AmberSeduceX

Ethereum is currently trading in a consolidation range ($1,755–$2,405) with strong network activity and bullish technical signals, but analysts caution that whale flows and ETF inflows remain weak meaning short‑term volatility is likely.

Needacupoficedtea

global equity ETF is just leveraged US tech at this point anyway, the diversification argument is weaker than it looks

u_spawnTrapd

I mean if you’re asking to be convinced not to, you probably already feel the risk a bit. Going all in from a diversified ETF into a single asset, even one you believe in, is a big shift. Bitcoin can rip, but it can also sit flat or drop hard for long stretches. That hits different when it’s your whole stack. A middle ground might make more sense. Keep some exposure to both so you’re not fully tied to one outcome. It’s a lot easier mentally too when things get volatile, which they will.

BitcoinBitch4

Don’t buy into the ETF, just buy btc.

isofakingwetoddid

I sold half my bitcoin two days ago because I bought in at $70,000 in August of 2024. Didn’t sell in October like an absolute Schmuck, didn’t pay attention to the ETF’s rolling out and I would imagine price will drop dramatically at first then rebound and then some. Am I on the mark?

Disastrous-Stretch34

Buy the real thing not the ETF

ryanmichaelpower

Rather hold it outside TFSA than hold an ETF

Patient-Ordinary-359

This answer below from competitive milk just brilliantly shows the uninformed stupidity you will get in this sub. VTI is a shares etf (index fund all USA) and SMH could be spacemesh but for most investors it's a very popular semiconductor ETF and nothing to do with crypto. This sub is a terrible place for investment advice. Most of the fools here think that diversification means buying btc, ETH and at least another shitcoin. They think that stocks are for losers when in reality it's what most of the world invests in. All crypto is highly volatile. You've missed the explosive growth phase. It's not suitable as in investment vehicle. It should be no more than 5% of your total investments. The rest should be in a diversified stocks etf just like VTI or even better VT (all world). Keep topping up every month, never sell, retire rich. It's that simple. 

ImpressiveRelief37

People don’t understand OP is talking about filling his TFSA - Tax Free Saving Account. It’s a Canadian financial instrument. You can’t put bitcoin in your TFSA, but you sure can put the ETF. And when you 10x you owe nothing to the government. So filling your TFSA with bitcoin is absolutely the smart move. We can add 8K to those accounts each year. I had some slack on mine so I bought 27K of a Canadian bitcoin ETF in my TFSA to fill it up this year. I’m at more than 400K tax free so far (and yes of course I have bitcoin as well). So yes the ETF in a tax free account is a no brainer. And then when you reach the point where you actually sell to afford your lifestyle/retire, then you can sell a bit of bitcoin to stay on a low tax bracket, and use the TFSA for bigger purchases, trips or whatever you need in your budget. It’s awesome.

Necrogomicon

If you need convincing of not going all in, then you don't fully understand Bitcoin. If you want to go all in in the ETF instead of Bitcoin itself, then you don't fully understand Bitcoin.

Glazindon1

For context, I already own some spot bitcoin, IBIT, and ASST. I’m probably at around 35% allocated to bitcoin at the moment. Will be much higher if I fill port my TFSA into an ETF, I also considered MSTR the CAD hedged version of MSTR

IInsulince

NYKNYC applies, and I downvoted out of obligation, but I do agree that it’s at least a decent way for the masses to get exposure. Not everyone is in a position where they even should self custody yet. What I don’t like though, is for the idea of an ETF being the end of the conversation. Use it as an on-ramp, sure, but don’t feel that just because you bought the ETF that you are now fully invested in Bitcoin and safe from counter-party risk. All that comes from seeking more information, and I fear the ETF stops that information seeking process for a lot of people.

hebrew-hammers

ETF? Yuck

NotAnotherRebate

ETF all the way, maybe even MSTR for a more leveraged buy. Buying the actual BTC is just asking for the possibility of getting your coin hacked/stolen, you forgetting your keys, or you get scammed out of them.

klshnppl

"Bitcoin maxi" with an ETF ? PLEASE

elephantdance11

And I'll get downvoted for this because "not your keys not your coins" but a bitcoin ETF is fine. Low cost, they still buy bitcoin on your behalf, you don't have to store it, it's easy. That's what the ETF product is designed to help with, and how masses have adopted bitcoin

onacloud96

ETF? Please get out

HSuke

The 10% fractional reserve requirement is something we were taught as kids, but it no longer exists today when it was removed in March 2020. There is now no limit. However, this rule doesn't even apply to securities. SEC Rule 15c3-3 prevents rehypothecation of customer funds for all ETF securities except in margin funds. And they can only rehypothecate a total of 140% of their customer's assets in margin accounts, even when chained multiple times. So the rario is far lower than 1:1.4 for ETFs.

Hitachi22

As expected LITVM did nothing for price. Nobody is going to use that shit. Litecoin is dead. Look at the Litecoin sub-reddits. Barely 3 comments daily. There's no demand for this shitcoin. Just look at the ETF. Zero inflows for over 3 months. That is unheard of with any other ETF.

hustleeveryday247

I already have $110k in ETF’s, not looking to invest more

hustleeveryday247

I have some money in ETF’s already, this money I’m talking about is only for crypto

BeginningMost6014

ETF is lowest risk and simplest play. The purists will say cold storage only but please do your research on the risks of cold storage.

Ill-Nectarine5843

Black rock’s Ishare bit on trust ETF holds a large amount of bitcoin. You can google it or whatever ai platform you want.

ScrewTheBanker

I hear that all the time. But its probably easier to steal my wallet, my car or break into my house and steal stuff. How many people get forced to withdraw from a cash machine? Maybe I have shares in Microstrategy or an ETF? 5 dollar wrench attack to make me sell my shares?

Present-Ad-9703

Feels more like hedging than pure bearishness, institutions rarely go unprotected. I’d read it as cautious re-entry, not conviction yet. Tip, watch spot ETF net flows vs derivatives. Risk is mixed signals causing chop before trend clarity.

ZioTron

Because people are not buying BItcoins. They are buying "Blackrock Bitcoin ETF Tokens" which promise the access to X bitcoins, without ever buying them. They are selling more "bitcoin tokens" than bitcoins that they have

jsc1429

This is what happens when you allow the “classical banking model” to enter. You get options, ETF’s, swaps, and other derivatives that allow for this toe of manipulation

cyger

The fastest way to real wealth is concentrated bets on high CAGER assets. I would go 50% BTC ETF and 50% AI stocks. Maybe put 10% in an ETH and SOL bases ETF as well.

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Post is by: EdgeQuiet2199 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sm37fp/morgan_stanleys_etf_bought_83m_in_btc/ Arkham reports that Morgan Stanley’s MSBT ETF has bought about **$83.6M worth of Bitcoin** this week and currently holds around **$64.4M on-chain**. They’ve also identified the wallet addresses. Just sharing the data — nothing major yet, but worth noting. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

SookMaPlooms

Lol. I remember trying to tell everyone here years ago that crypto ETF’s will enable rehypothecation and I got attacked left, right and centre.

TheresNoSecondBest

>if you had 20k to 25k to invest in crypto, which would you choose and why? **Bitcoin only. There's no second best.** Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (air-gapped) and use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is not air-gapped. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

EmeraldEnvyBop

Fair, SOL’s probably the closest thing to a “high beta BTC” right now. You in it for the tech (speed/fees + dev activity) or just riding the narrative and ETF hopium?

Romanizer

Literally this. This product and the Bitcoin income ETF by BlackRock both earn income on covered calls and options on mostly their own bags.

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1sls8fp/goldman_sachs_just_filed_for_a_bitcoin_income_etf/ Something shifted in the Bitcoin ETF landscape this week that's worth understanding properly, because the headline might not adequately capture why it matters. Goldman Sachs filed yesterday, for a Bitcoin Premium Income ETF. Structure: the fund gains exposure through existing spot Bitcoin ETPs, then systematically sells covered call options against that position: somewhere between 40% and 100% of its Bitcoin exposure at any given time. The premium collected from selling those calls gets distributed as income. Trade-off: capped upside. If Bitcoin rips past the call strike price, you don't fully participate. What you get in return is yield in an asset class that otherwise produces nothing. BlackRock filed a nearly identical product last week. Two of the three largest asset managers on earth, within days of each other, building income-generating Bitcoin products. The first wave of spot ETFs: IBIT, FBTC, MSBT, were essentially "Bitcoin, but in a brokerage account." Clean price exposure products. They attracted people who wanted BTC performance and could stomach the volatility. The income ETF is a fundamentally different pitch aimed at a fundamentally different investor. Retirees who need yield. Fixed-income allocators whose mandates require income-generating assets. Endowments with distribution requirements. The wealth management client who asks their advisor "what does it pay?" These people have been structurally excluded from Bitcoin exposure because Bitcoin pays nothing and swings 40-50% in a cycle. A covered call ETF changes both of those objections simultaneously: it generates yield, and the sold calls provide a partial buffer against downside volatility. [Goldman's fund won't hold Bitcoin directly](https://news.bitcoin.com/goldman-sachs-files-for-bitcoin-premium-income-etf-with-covered-call-strategy/), will be actively managed by named GSAM portfolio managers, and has a launch window of late June or early July after the 75-day SEC registration period. Active management is a meaningful detail here. Goldman is committing ongoing research resources, not just filing a passive wrapper. If you step back: we now have spot ETFs from BlackRock, Fidelity, Morgan Stanley, ARK, Bitwise. Income ETFs from BlackRock and Goldman incoming. Schwab and E\*Trade launching direct crypto trading in H1 2026. The entire distribution infrastructure of American finance is being wired up to Bitcoin simultaneously, in a bear market, while Fear & Greed sits at 11. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Ill-Dig9811

GS finally jumping in the Bitcoin bandwagon with their own ETF... classic whale move . More grift than yield if you ask me.

chufruity

There’s nothing philosophical about safeguarding your money directly. If you want to hold your bitcoin in an ETF, nobody’s judging, that’s not even half bad lol. It’s just for people who are buying bitcoin upfront.

cosmicaltoaster

Any crypto aside of stable coins are an extremely volatile asset to hold. If you are looking for a consistent maintenance of value, invest in an ETF. I used to be a bitcoin maxi, altcoin maxi and learned the very hard way that crypto is simply too high risk to allocate more than 5% of deployable funds. 30% of my war chest is now in a ETF growing at 8% per year with automatically reinvesting accumulating dividends. This is what truly beats the 3% inflation of my continent’s currency over a 1% average apy on a savings account. 10% of the war chest is being deployed on day trading 1 Fx pair, although this has a way higher learning curve before it starts paying off, nonetheless it’s still less volatile trading the EUR/USD london open session during the iran war than trading ANY crypto, lol. Did I sell my crypto bags? Nope, still holding them but my portfolio is down 92% since 2021 till now. I have almost lost all hope for crypto at the moment. When bitcoin pumped to 100k, my alt coin bags should have followed it’s momentum, but they didn’t. I think 99% of all crypto is simply vaporware. Tl;dr if you want to maintain consistency in value, simply forget about crypto and invest in an ETF. If for some reason you want your money to be in crypto, just go for a stable coin if you don’t care about gains?

StrategicallyLazy007

It's just a way for them to get another slice of commission from assets undertheir management instead of giving it to the others by buying their ETF.

CG-Saviour878879

Is this the Morgan Stanley ETF?

Yodel_And_Hodl_Mode

> So therefore I would argue those need to be included in the supply when calculating people who own >1 BTC. If the BTC isn't in your wallet, you don't own it. The owner of the wallet owns it. I know that's not a comfortable concept to think about, but it's a fact. It's even true for ETFs. People who own shares of an ETF own an equivalent of an amount of Bitcoin... but they do not own Bitcoin. Here's the proof: They can't send that Bitcoin to their own wallet.

oct_prime

.76 in BTC. An equivalent of like .3 in ETF form

pretendingtobebroke

MSTR is not an ETF, it's a company which happens to own a lot of BTC. Owning MSTR shares does not entitle you to BTC.

EncrustedBarboach

Exactly, nothing beats VOO and chill, trying to "beat" the market with bitcoin ETF's is just the most regarded thing ever.

mrjune2040

The NewHedge site has a distribution estimation that tries to filter out exchange addresses etc. And they have it at just over 1 million individual addresses holding 1 BTC. But then you have to adjust for people who split across addresses and/or have multiple. IMO addressing that, there’s still probably way more than a million if you include exchange/ETF exposure (which will be significant).

Debrewski_T

Recovering ETF inflows: Spot Bitcoin ETFs have seen strong institutional buying (tens of billions cumulatively), providing steady demand and acting as a price floor even amid volatility.  Regulatory optimism: Hopes around the U.S. Clarity Act (aimed at clearer crypto rules, including stablecoins) have boosted sentiment and drawn in buyers expecting a more friendly environment.  Short squeezes and technical bounces: Periods of overly negative funding rates (from prior selloffs) led to forced covering of shorts, amplifying upward moves when buying returned. Technical breakouts also triggered algo and momentum buying.  Geopolitical relief: Recent signals of potential de-escalation or ceasefire progress in Middle East tensions (e.g., U.S.-Iran) reduced risk-off pressure, helping risk assets like Bitcoin rebound. 

AutoModerator

Post is by: International-Eye358 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sl5v0i/did_anyone_else_notice_the_kimchi_thing_around/ Not sure if I’m overthinking this, but something caught my attention recently and I wanted to sanity check it with others here. When Dogecoin launched the TDOG ETF, they had a Shiba Inu ring the Nasdaq bell. Apparently the dog’s name was kimchi. After that, I started seeing a ton of “Kimchi” coins popping up across different chains (as expected), but most of them looked like the usual low-effort narrative plays. What stood out though was that one of them launched on **Anoncoin**, which I’ve seen mentioned a few times as being connected to the Doge OS ecosystem (still trying to fully understand that side of things). A couple of things I found interesting: * It’s positioned around Doge OS (which seems to be getting more attention lately and supposedly going live really soon) * Anoncoin keeps coming up as a launchpad tied to that ecosystem * The contract address apparently ends in “DOGE” (not sure if coincidence or intentional, but interesting either that kimchi's on other chains won\`t have this) At the same time, there’s all this talk about: * X Money * Native ticker integrations on X * Increasing overlap between the Doge and X communities - Anoncoin\`s platform specially has deep integration with X Feels like a lot of things are happening in parallel. I’m not saying this is “the one” or anything like that, just trying to understand if there’s actually a deeper narrative forming here, or if this is just another case of the market overfitting a story after the fact. Curious if anyone else has looked into this or has a better read on: 1. Whether Doge OS / Anoncoin is actually meaningful infra 2. If any of these “Kimchi” coins have real traction vs just noise 3. Whether the timing of all this is actually relevant or just coincidence Would be good to hear some grounded takes before I go further down the rabbit hole. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Few-Engineering9803

Saylor buying 13k BTC last week, and over 9k just today might help. I suspect positive inflows from ETF's this week as well. Or just the usual exchange manipulation, who knows.

TheresNoSecondBest

Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (air-gapped) and use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is not air-gapped. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

rgnet1

"Love my coins being held at an institution." They are truly not your coins. You hold no legal claim on them. The only thing you have the right to do as a retail investor is place a sell order on an open market of your ETF shares and hope another retail investor matches it with a buy order. At any given point, massive banks called "Authorized Participants" are watching the orders and seeing arbitrage opportunities. If many sales orders for the ETF are happening and reducing the price, they buy up those shares and then go demand the actual bitcoin from the custodian in exchange for the cheaper shares they bought. This is what actually moves the index price around and ultimately impacts spot prices too. It's a weird synthetic system all designed to convince people against the core thing bitcoin was created for - to skip the middlemen.

rgnet1

Exactly. You're not even buying an IOU with ETFs. Read how ETFs work. The share you hold in the index in no way entitles you to redeem for actual bitcoin. In addition, analyses have shown ETFs on average will result in a 5.7% lower annual return than actual bitcoin. How much is avoiding the risk of a failing in ETF management (theft, loss, and the ensuing years of legal battles etc.) worth? And at 5.7% comparative net loss annually is the tax saving even net positive versus self-custody?

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Post is by: hug_77g and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1skfnl6/je_cherche_des_investisseurs_autodidactes_pour/ Salut, je travaille sur un prototype d’app pour les personnes qui investissent seules. L’idée : aider à mieux structurer sa stratégie patrimoniale selon : les actifs qu’elle suit déjà et les actions à prioriser ensuite On ouvre actuellement un test de maquette pour des profils qui investissent déjà un peu (ETF, actions, crypto, PEA, etc.). Le parcours prend environ 5 minutes. On analyse simplement la navigation pour comprendre ce qui est le plus clair et le plus utile. Si ça vous intéresse, le lien : [https://tulip-pwa.vercel.app/](https://tulip-pwa.vercel.app/) Hésitez pas si vous avez des retours, merci d'avance ! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

MathematicianKey6222

Im in bitcoin for making money Not for that philosophical shit. So Bitcoin ETF for me

Flash-Ranger

Yeah it kinda does feel that way, and there’s some truth to it but it’s not as clean as “institutions = floor”. This cycle is way more driven by institutional flows than before. ETFs, funds, corporate treasuries etc are moving billions, and those players don’t trade like retail. they scale in, rebalance, and hold longer, which naturally dampens volatility and creates more consistent bid zones. On top of that, ETF mechanics matter a lot. when money flows in, issuers literally have to buy spot BTC, which creates real structural demand instead of just speculative leverage. that’s part of why dips get bought faster than in older cycles. Another layer is supply. a chunk of BTC is now locked in ETFs, corporate holdings, or long-term wallets, so the tradable float is tighter. less liquid supply = easier for price to bounce when bids show up. Macro is the other big piece. BTC is now behaving more like a risk asset tied to liquidity, rates, and global flows rather than just its halving cycle. when macro conditions stabilize, you get buyers stepping in systematically. But it’s not a guaranteed “floor.” same mechanism works both ways. when institutions de-risk or ETF flows reverse, price weakens just as mechanically. So yeah, compared to previous cycles there is more structural support, but it’s conditional support, not a hard floor. it holds until flows flip.

Huntingtonbeach88

ETF is more than done for most people. The “not your keys, not your cheese” crowd are more like “peppers” than investors. And if society collapses luke they fear bitcoin will be the last of your problems. Self custody or etf is preference more than anything else. I love my coins being held at an institution

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Post is by: Own-Net-9076 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sjng2l/a_summary_of_the_cryptocurrency_market_over_the/ Crypto Market Summary for the past week (April 5-12, 2026): The market experienced significant volatility due to geopolitical news. Prices fell at the beginning of the week due to US-Iran tensions, then surged thanks to ceasefire news, boosting the total market cap by approximately $100 billion in a single session. • Bitcoin (BTC): Fluctuated around $68-72k, closing the week up about 4-7%, reaching a 3-week high (\~$71-72k) before a slight correction. • Ethereum (ETH): Increased more strongly than BTC (approximately 6-8%), rising from \~$2100 to over $2200-2280, holding support at the 0.236 Fibonacci level. • Most altcoins were in the red (75-80% of the top 50 coins declined), altcoins were weaker than BTC/ETH. Whales were less active, with retail investors buying in. The BTC ETF had positive inflows in March but slowed down in April. Overall: The week saw a short rally thanks to risk-on from ceasefire, but volume was low, and sentiment was cautious due to macro factors (US CPI) and geopolitics. Forecast for next week (April 13-19, 2026): The market will remain sideways/consolidate around the current level, heavily dependent on: • US economic data (CPI, inflation). • Middle East peace progress (Strait of Hormuz). • US regulatory news (Clarity Act). Positive scenario: BTC holds above 70k → tests 75k, ETH continues to underperform thanks to DeFi/L2 catalysts. Negative scenario: If bad macro news → pullback to support at 65-68k BTC. In general, many analysts predict April will still be difficult (Q1 was the worst quarter in many years), but there are signs of long-term accumulation from institutional factors. We recommend monitoring volume and major news events, and avoiding high leverage. Data is for reference only; the crypto market is very risky! My Homepage: More Videos I wish everyone success and the awareness of the importance of taking responsibility for themselves. Thank you! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

nonkeywayzee

>no fear of losing Everything That is exactly where you are mistaken. On top of that, when you buy a Bitcoin ETF you don't just leverage the responsibility to a 3rd party, but you also give them all of your agency over your money, they can negate you access to your own money anytime they want, or the moment your government goes to shit and siezes every private asset (if you are American this might seem as imunimaginable, but it was also unimaginable in Venezuela until it happened, I lived through it.), so yeah, it is a lot better. If you think convenience is worth the risk just so you can see a a bigger number on the state imposed monopoly money aide of the trade, you do you, just know that the risks are higher than you just not knowing how to take care of a few words.

creative_usr_name

You can’t lose it with an ETF. But someone else can lose it for you. 

Fafetto

In Italia si paga il 33% di tasse su crypto E si paga il 26% di tasse su ETF So che non possiedi personalmente la CRYPTO ma i guadagni sono li stessi 🤞🏻

Bulky_Dingo_4706

I guess I should sell my BTC ETF.

Fafetto

Credo in quello che dici! Ci proverò e fra qualche anno ti dirò! 🍀🤞🏻 Comunque vada sarà Una vincita Però fiscalmente per me conviene ETF in BTC

TheresNoSecondBest

Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (air-gapped) and use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is not air-gapped. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.