ETF

Amber_Sam

>I honestly don’t know where to start. We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. 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 book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: **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 garbage 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. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) 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. Now, don't buy a 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/green/](https://blockstream.com/green/) \- 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 [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. 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) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. 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, etc. **Stay away**, save yourself a headache in the future. 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.

TexasBoyz-713

I’m thinking we never see sub $40k again, maybe even $50k low. That’s around the price of Bitcoin in the beginning of the ETF’s, and with all the buying since then from those institutions and other large countries and entities, it’s hard to imagine all of that could be sold off

Nothing-Busy

If I need to cash out some Bitcoin after retirement I will sell the ETF and take money out of the Roth with no income or capital gains tax. Or if I am able to do a loan against the value of assets in the IRA I can keep the Bitcoin exposure and have some funds to build my retirement house. Already have the land. Don't want a mortgage.

Nothing-Busy

The new 1 BTC is 1 BTC in cold storage and half a BTC of exposure in your Roth IRA held ETF.

JerryLeeDog

Well, all the other coins are scams so... Also, make sure not to leave your BTC on Coinbase. That does NOT contribute to the price and you do not own anything until you withdraw it. **Anyone reading this who doesn't want to hold their own keys; just buy the ETF so it actually affects the price positively.** Eventually, you WANT to have some in cold storage.

coinfeeds-bot

tldr; XRP short positions have reached a 1-month high, with 53.7% of futures positions being short as of April 30, 2025. This comes amid a 5.30% decline in XRP's price and broader economic concerns, including a 0.3% contraction in U.S. GDP for Q1 2025, raising recession fears. Additionally, 1 billion XRP tokens are set to be unlocked on May 1, potentially increasing sell pressure. The SEC's delay in approving a spot XRP ETF further dampens institutional adoption prospects. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

SoberHye

Yeah I’ll stick with BTC, ETF’s and physical gold. Good luck with dropping everything in BTC.

Electrical_Invite552

I just hit the $200k mark. I always plan to keep 50% in BTC and the other half in a safer long term ETF.

ThereIsNoGovernance

Actually the anti ETH campaign is coming from the ETF/CEX/Wall ST/WEF/Bankster cartel. They don't like it and since they can print flatulent fiat willy nilly (Banksters) and scam trades on their blackbox exchanges (ETF/CEX) they actually have the power to basically stick a price tag on ETH, like some sort of used car dealer. If people would wake up and realize the immensity of the crime these MFs are committing this could all end quickly by simply only deriving prices from trades on DEX's and somehow dis-empowering whales from pumping and dumping, which seems to be their favorite pastime. Essentially disconnect completely from all blackboxes and get as far away from banks as possible. This would help considerably. Cheers peoples!

JJADu

If your tax free account (CELI in french) is not maxed out, I would put it all, or as much as you can in it. MSTR, MSTX, and BTC ETF. Split according to your risk tolerance and faith. If your account is full, lump sum in BTC, about 40K now and DCA rest with lump sums if it drop in the 80s.

Lillica_Golden_SHIB

"BlackRock’s Head of Digital Assets, Robert Mitchnick, said Bitcoin ETF holdings are shifting from retail to institutional clients." I want to believe retail is buying the asset instead and leaving the ETFs aside, hopefully.

word-dragon

Also, this is an undercount as a lot of people have multiple wallets. Probable a fair number have over one BTC, with no one wallet exceeding 1. Also not including everyone with custodians - exchanges, ETF’s, etc. It’s kind of a silly question really. Now if he’d asked how many people had TWO coins, THAT would be a great question - lol.

Ill_Personality_3705

The whole concept and idea of bitcoin is to own something thats not centralised and controlled. Letting institutions hold it for you(ETF) and paying institution to insure it, defeats the purpose of it

Thick-Ad5921

I have self custody. I learned I could buy ETF’s inside s tax free savings account. One bank did not understand what I was talking about. I did go through our existing wealth manager. He was not in favour of Bitcoin but he thought ETH had potential. Ultimately I put as much as possible into TFSA. I had to sign papers saying “not financial advice”, “very high risk” and “complete speculation.” Wife and I together started buying MSTR with $US. I doubled in 3 weeks. Same wealth manager called us in to separate MSTR from his (our) traditional portfolio because it was “distorting” the portfolio by growing too fast. Again, wife and I both had to sign the same papers I has previous. It is very odd that a wealth manager does not acknowledge the best performing asset 11 out of the past 14 years. So be it, more BTC for me.

smashkraft

The first commenter gave you a better answer, I'm going to aim for simpler. Yes, IBIT is 1:1 BTC / Bitcoin. IBIT is "pegged" to bitcoin. "Pegging" means that BlackRock holds as much Bitcoin as in invested in the ETF. $100 in the ETF is $100 worth of Bitcoin held by BlackRock for you. Every day, BlackRock (Fidelity, GreyScale, etc.) buy and sell real bitcoin on your behalf and on behalf of everybody else that buys and sells the ETFs. BlackRock doesn't, generally speaking, buy and sell bitcoin randomly according to BlackRock. They buy and sell when holders of the ETF buy and sell. The ETF prices change according to the price of Bitcoin. If Bitcoin rises by 10%, then the ETF rises by 10%. If Bitcoin falls by 5%, then the ETF falls by 5%.

CryptoByline

First it was the ETF, now it’s the institutional herd, tomorrow it’ll be aliens allocating treasury to BTC. Let’s wait for a weekly close above $97K before we talk 200K storms.

GivePeaceaChancex10

The only guarantee we have currently is inflation, taxes and risk. That means you don't hold USD in simple savings or a checking account. That's the only sure answer of where not to go. Where TO go though is all up for debate and the case can be made for multiple assets. All I can say for sure is not USD, so I diversify into everything else to give me some reassurance. My investment portfolio is made up of a 401k with generous matching program allocated to mostly large cap index funds. Domestic, large and mid cap, emerging market's and international indices. Then I contribute to a Roth IRA. Within are S&P based ETF's, some individual equities, IBIT and FBTC as my picks for BTC ETF's. Then I hold 2 brokerage accounts and trade options some, but mostly buy and hold various individual stocks that are spread throughout multiple sectors. I hold real estate, both a primary home and secondary. I inherited and kept mineral rights where I collect natural gas royalties. I have an HYSA so save against inflation or at least to pace it and have a savings I can fall back on I hold Bitcoin of course. I held onto but don't allocate anymore into some ethereum I bought years ago. Then I have some physical assets, like some precious metals, jewelry, a worthwhile valuable coin collection, a couple vintage guitars, some antiques. Last but not least my wife and I have invested into our education and ourselves as far as our careers. We make decent money at our day jobs to the point where I only work part-time 2 days a week now and could make more if I wanted. Like I said everything, I'm diversified into just about everything I can be in. That's what helps me sleep at night

tourettes257

Insurance against an asset going to zero is pretty common and it is actually in the form of a “put option” or, like, you buy puts to hedge against your assets going to zero. I’m not familiar with the mechanics of shorting bitcoin but you could probably buy some contracts for a bitcoin spot ETF Is “anyone” doing this? Sure ya probably. Is it the right play? idk, I’m not doing it.

GivePeaceaChancex10

What ETF's are you talking about because BTC spot ETF's aren't a hedge against Bitcoin whatsoever if that's what you're saying? I held a traditional retirement portfolio prior to bitcoin's existence made up of multiple assets which would incur heavy penalties and taxes selling prior to retirement so it stays. I wouldn't consider any of it a "hedge" directly against Bitcoin though by any means. It's a diversification for sure but calling it a hedge, not so much

External-Advice860

why mstr and not actual BTC? Or BTC ETF?

GB_VINNY

Mmm i think you have to read more about BTC A btc etf will only increase demande for the asset while not 'create' more supply of it. So in terms of ETF, it only democratize further BTC and is good news.

zesushv

Institutions and federal reserves are quietly amassing, bitcoin DEX/DeFi utilities now unlocked [zeta's interoperability solution], Bitcoin's ETF, Trumps administration positive crypto talks, etc.... If these are not great signs for bitcoin, I don't know what is.

Tall-Parsley20

They don’t need to - they just have to create a bitcoin ETF and boom! A speculative bitcoin derivative that can be printed to the moon. *Just like sub prime mortgages*

Huge_Monero_Shill

So you would feel comfortable with say: $80,000 annual expenses, inclusive of most 'unexpected costs' * $2MM in assets: $160k HYSA | 19.4 BTC ($1.8MM) Annual expenses picked just to make the math easy. Yeah, this actually sounds about right. Personally, as much as I believe in Bitcoin I'd want a sizeable stock portfolio, say: * $2MM in assets: $80k HYSA | 10 BTC ($950k) | $970k VT (total world stock ETF) All Bitcoin in retirement is just 'win more' at the cost of risk.

Huge_Monero_Shill

Say you hit your number today, 25x your best life expenses in BTC. Would you be comfortable retiring? What percent of your portfolio is BTC? Trad FIRE's biggest risk is the sequence of returns, ie, bad market years in the first few years of retirement. With BTC, the volatility is so high I would imagine you would want or need sizeable cash fund and or traditional ETF side to your portfolio.

Xryme

Why not put some bitcoin ETF in your 401k / IRA / HSA accounts? Also your e fund should probably be in local currency.

coinfeeds-bot

tldr; Nasdaq has filed for a rule change with the SEC to list the 21Shares Dogecoin ETF, which would track Dogecoin's price. This follows similar filings by Grayscale and Bitwise, as interest in Dogecoin ETFs grows. The SEC is reviewing these applications, with a decision expected within regulatory timeframes. The Dogecoin Foundation supports the ETF, citing its potential to integrate the meme coin into mainstream finance. Dogecoin is currently the eighth-largest cryptocurrency by market cap, valued at $76.3 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

YogurtclosetTall2558

We’ve all seen the $200K BTC headlines before, and yeah, it could happen , but macro needs to cooperate. If we get rate cuts, ETF momentum, and no major risk-off events, $120K+ is within range. But the real edge isn’t guessing the BTC top. it’s positioning before capital rotates. If history repeats, altseason kicks off right after BTC dominance peaks. That’s where I’m focused. I’ve got eyes on a few like Saros, which is quietly powering the memecoin meta with DLMM and auto-pools. Ocean is another sleeper, actually solving AI x data in a way that feels inevitable long-term. Also watching Jupiter and Tensor as Solana infrastructure gets more attention.

yldf

A 2nd or 3rd grader should buy an ETF instead, because securing your own wallet is not plausible for a 2nd or 3rd grader.

Obvireal

[quick X post, Bitcoin Magazine.](https://x.com/bitcoinmagazine/status/1838231511071334534?s=46&t=pfhg6BFe0DFCIunlCT5j6A) “12-Hour Withdrawal Rule: Coinbase must move Bitcoin to a blockchain address within 12 hours of an ETF issuer’s request, ensuring the ETF’s Bitcoin is backed and available for settlement. This was implemented to counter allegations of Coinbase not purchasing actual Bitcoin for ETFs.”

Obvireal

[quick xpost](https://x.com/bitcoinmagazine/status/1838231511071334534?s=46&t=pfhg6BFe0DFCIunlCT5j6A) “12-Hour Withdrawal Rule: Coinbase must move Bitcoin to a blockchain address within 12 hours of an ETF issuer’s request, ensuring the ETF’s Bitcoin is backed and available for settlement. This was implemented to counter allegations of Coinbase not purchasing actual Bitcoin for ETFs.”

EdgeLord19941

The ETF issuer has to create the orders, not Coinbase

Obvireal

They have 12-24 hrs to fill the ETF orders. So if I buy a Bitcoin ETF that is custodied by Coinbase, they have 12-24 hrs to buy the Bitcoin to back the ETF purchases. Blackrock has recently requested Coinbase fill their orders within 12 hrs, a change from 24.

Nothing-Busy

The only wrinkle I would add is having some Bitcoin ETF in a Roth IRA is nice in case taxes on Bitcoin gains are still a thing when you want to acquire something with your stack. I have about 20% of my Bitcoin exposure that way, the 80% is self custody.

TheRadishBros

Honestly, it’s a bit of non-news— the Hong Kong ETF has been open for ages and only has 5k BTC. The USA ones are the only ETFs that matter.

Amber_Sam

>very noob We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. 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 book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: **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 garbage 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. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) 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. Now, don't buy a 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/green/](https://blockstream.com/green/) \- 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 [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. 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) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. 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, etc. **Stay away**, save yourself a headache in the future. 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.

harvested

Agreed. I'd never recommend ETF outside of a tax advantaged account where there is no alternative.

FirstAmendmentIsDead

Unchained and Casa both charge $250/year which is kind of crazy. Maybe if a cheaper company came along. Plus, with a gun to your head you might call up the company anyways and play it cool. ETF’s could also be an option but that’s just paper and carries its own set of risks.

garrettTweedy

Max out the student loans and buy Bitcoin ETF and just use margin to pay your expenses. If it goes right it's the future you wanted. If it falls apart you end up in the same situation college graduates end up in today

wobes11

Bitcoin is another investment vehicle to allocate a percentage of your total portfolio. It’s not taking over currencies but rather an alternative. 20% of the US population own it and this number should grow over time. We aren’t too far away from mainstream financial advisors recommending a small percentage in your 401k. The bitcoin ETF changed the game in my opinion because it infused so much 401k money and long term holders. Therefore, I still believe it is a great long term investment that you can DCA until retirement (15+) years and reap the rewards.

rodicarsone

Statistically, Bitcoin is a hyper-volatile speculative asset tied mostly to narrative and liquidity — not fundamentals. As soon as: • liquidity dries up (higher interest rates, recession), • or the narrative cracks (regulation, major theft, big ETF collapse), Bitcoin will plummet viciously. Cycles always rhyme. Not because Bitcoin is bad, but because human psychology is predictably greedy and fearful.

Strong_Judge_3730

If you hold btc ETF you wouldn't lose much security by using a margin account with that. That's the only way i would consider doing it

Due-Candy-8929

ETH already has a spot ETF, XRP just got 2 non-spot in the US, and got a spot ETF in Brazil! More to come across alts… XRP LTC, SOL HBAR

Elemental_Breakdown

There's only about 100 "Eid Mar" coins and they are worth about 4 million each. There's history, gold, all sorts of cool things about these rare Roman coins.... But scarcity alone is not what determines their value, it's what people are willing to pay. I have no idea how the corporate ETF involvement is going to shake things up but if you do the math on what it would take for bitcoin to reach 10 million it seems like fantasy. They should have never allowed the etf thing, it seems like a way to manipulate things. It looks like now it's basically going to swing between $70-300k for infinity now that huge corporations and governments own most of the coins.

JerryLeeDog

**Yes, buying an ETF takes Bitcoin off the market** Whereas, buying on a centralized exchange from Coinbase etc. and leaving the coins on there **DOES NOTHING** for the price. CB just takes your money and uses it until you actually withdraw your Bitcoin.

OxfordKnot

This is the big question (for me) - how many btc are practically available OTC (miners, whales, etc) to these entities like ETF's, companies, and countries that are not interested in selling? It's a constantly shrinking amount (BTC number is finite, whales only have so much, ...) but what is it now and what is it tomorrow?

TheManWithTheBigBall

Wanna know what feeling left behind on bitcoin feels like? My brother showed me bitcoin when it was around $1. Nobody knew what it was. I scoffed at the idea of it (I was ~19-20 at the time). When it became mainstream newsworthy and popped off to like $90 a coin, I told a lot of people about it because I knew what it was from my brother. I had 2K in my bank account and had just barely graduated college. Putting my money into bitcoin at that time seemed like a huge risk and I didn’t know shit about investing because I was fresh out of college and was working two part-time jobs. If I’d been 30 at the time and had been working for a good amount of time—I absolutely would have dumped 2-5k into bitcoin and let it sit. I’d probably have 20-50+ coins. The unfortunate reality, though, was that I never had enough capital to invest in anything, let alone bitcoin, when it was first popping off. There was also this constant fear that the hype may just be…hype. When the ETF approvals were about to go through, I finally started buying BTC and it’s done very well as far as most investments go. But now I have the money to invest in it… So the TLDR; you miss out on everything when you’re young and poor, unless you invent something and sell it to people with money. Sure you could make guaps investing in bitcoin if you had more capital, but that’s the nature of the game. Gotta earn your initial bag somehow.

Freedom_58

If you want to invest in Bitcoin but don't want to go the Coinbase route, consider buying a bitcoin ETF, like IBIT or FBTC. Just another option for people who want the potential of Bitcoin. I have Bitcoin, FBTC IBIT MSTR etc. You decide.

LordIommi68

How tech savvy are you? It can be a little involved to self custody. It's not crazy hard, but if you're the type that left your VCR blinking at 12:00, you might want to consider an ETF. 🤣

Accomplished_Bird166

I would not sweat it at all. BTC started in 2009, and it took all the way until my birthday on Jan 11, 2024 (great B-Day gift btw) for the SEC to allow spot BTC into ETF format for more people to have access, so we’re still insanely early with this monetary revolution. Keep this in mind: Government’s literally cannot stop spending or they cease to exist/function. It will take over 100 years to mine the last million BTC, so that will persist well past all of our lives. And finally, when buying bitcoin at 250,000/coin, ask yourself: does the price matter when, fast forward 2030, the market price is 1.1M/USD? I wouldn’t even put any energy into the current price because it’s honestly rounding error long term. Just be glad you can buy now, many people can’t or don’t know how to.

CaptainRelevant

May 22nd. > Grayscale’s filing for a spot XRP ETF that would track the price movements of the faces a May 22 deadline for the SEC to render a decision.

CounterAdmirable4218

Litecoin will be the 2nd crypto to have an ETF. It is almost identical to Bitcoin, some would claim it's better. DYOR.

Amber_Sam

>basically beginners guide We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. 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 book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: **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 garbage 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. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) 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. Now, don't buy a 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/green/](https://blockstream.com/green/) \- 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 [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. 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) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. 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, etc. **Stay away**, save yourself a headache in the future. 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.

asml84

Ask yourself the opposite question: why do you not have that same fear regarding your ETF investments?

SecondTrader

I love they bought BTC, but i hate BTC is going to ETF-s.

SmoothGoing

They must buy if ETF share price goes up. It would be notable if they didnt buy. $49.80 to $53.15 in 5 days so.. Yeah.

SmoothGoing

Bitcoin ETF is bitcoin only. But they can make whatever other products they think will make them money.

tidiss

By buying bitcoin ETF you are helping create paper bitcoin

extrastone

There is a good chance that bitcoin could be declared illegal one day. In the event that that happens you might be partially compensated if you own an ETF or have bitcoin on an exchange or you might not be. If you have bitcoin in a self custody wallet then that will never be taken from you and you can just use it in another country.

coinfeeds-bot

tldr; Standard Chartered's Geoffrey Kendrick predicts Bitcoin could reach $120,000 by Q2 2025 and $200,000 by year-end 2025. Key factors include rising U.S. Treasury term premiums, whale accumulation, and shifting investor preferences toward Bitcoin. Asian investors and ETF flows reallocating from gold to Bitcoin further bolster its status as a digital safe-haven asset. Institutional catalysts, such as stablecoin legislation and pension fund investments, may drive Bitcoin's summer rally and long-term growth. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

No-Artichoke3210

Put some in a BTC ETF like fidelity and the rest straight in btc

MuchAligned38

Pre-market opens at 4am on east coast. Crypto related stocks and ETF will start to trade. Has an effect on BTC price

Realistic-Jelly8133

1. MSTR hype is tied to Bitcoin hype. The less it falls over the weekend (and observationally it seems that this has happened quite a bit), the more momentum both BTC and MSTR have going into the week when the ETF buying kicks in. Saylor has also said that he's price insensitive so he may not care about being a price support over the weekend and potentially getting less BTC for his fiat. 2. Can't argue with that. Maybe he bought last weekend too and his average of the two is 92k. Just trying to have fun with different scenarios. Seems like we're all on the same team, regardless.

coinfeeds-bot

tldr; ProShares is set to launch three XRP ETFs on April 30, following SEC approval. The ETFs include Short XRP ETF, Ultra XRP ETF (2x leverage), and UltraShort XRP ETF (-2x leverage), offering futures-based exposure to XRP price movements without holding the asset. This follows the recent approval of Teucrium's XRP ETF. XRP's price has risen 4.86% to $2.28, with a market cap of $133 billion and increased trading activity. Institutional interest in XRP ETFs is growing, with several firms awaiting SEC decisions on their applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

OffThread

Your right, it's a spot ETF. Just like the other types, they hold the asset for their customer.

DarkLunch_

Honestly, the best thing you could do is put 100% of your savings towards your debt. Then save some emergency cash so you never have to sell any of your investments. Then invest in traditional investments (the boring but stable stuff that just tracks inflation like an All-World ETF and Gold) and THEN start investing in Bitcoin. You’re doing it all backwards and it’s really going to sting if your crypto investment doesn’t work out as you planned.

etherd0t

ETF's effect. they're having the cake and eat it too, by buying not just dips but the supply itself.

Analog_AI

OP, in the case of IBIT, yes, you are reducing the supply available for sale, because they are required by law to keep bitcoin and their claims on a 1:1 basis, since they are a spot ETF. The futures ETFs don't have to keep their bitcoin holdings at 1:1 ratios, or indeed any bitcoins. Those are disreputable companies.

SmoothGoing

So yes. But to clarify, not "lowering the total supply." Supply stays the same. Reducing supply available for sale. ETF operator buys that btc and the custodian holds it. They will not sell it unless share price drops to require rebalancing.

low_key_lee

You’re holding a share of their BTC, which they need to purchase from the supply. So short answer to your question is yes. There’s a lot of purist advice in here about self-custody and such, most of which I agree with, but everyone needs to take their own journey so if the ETF is what you’re comfortable with, then that seems like the best choice for you at this time. Keep learning and keep saving

fullofsmarts

Yes you are lowering the supply the ETF holds the keys and manages the coin, but you are taking supply off the market. You have price exposure but not self custody.

pcm2a

For most people that want exposure to bitcoin, the ETF seems like the right way to go. I assume if your Fidelity account is hacked they can undo the damage?

SmoothGoing

Higher risk than a money market account. Or even an ETF of dividend aristocrats. Most everything is indeed highly speculative. Even RE and PMs. Timing of the forced exit might end up being disadvantageous. Look how trade politics took out 20% out of some rising bets in just a few months. When the bursar sends that semester bill that family can't ride things out for 18 months till an upswing.

coinfeeds-bot

tldr; Bitcoin ETFs experienced significant net inflows of $2.78 billion (29,321 BTC) over seven days, according to Lookonchain, as Bitcoin's price surged. The iShares (Blackrock) ETF alone saw inflows of 3,500 BTC worth $332.07 million. Ethereum ETFs also recorded positive net inflows of $36.5 million (20,518 ETH). As of April 25, total investments in US Bitcoin ETFs reached $109.27 billion, while US Ethereum ETFs totaled $6.14 billion. Bitcoin is trading at $94,879, and Ethereum at $1,837. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

No-Permit8369

How do people feel about Fidelity ETF bitcoins accounts?

Mediocre_Horror_194

When will people in this sub learn that blackrock ain’t buying shit. It is us, the retail, who buys shares in an ETF that is required to purchase bitcoin based on the share price. Blackrock does own bitcoin but around 10k in total if I am not completely mistaken.

coinfeeds-bot

tldr; This week in crypto (Apr. 20-26, 2025), Bitcoin surged past $90K, driven by ETF inflows and whale accumulation. Ethereum unveiled a 5-year strategy focusing on scalability and security. MANTRA burned 150M $OM tokens after a 90% crash, while Trump Media partnered with Crypto.com for ETFs. Immutable's IMX soared 40% on a Ubisoft game deal, and Tether, SoftBank, and Cantor launched a $3B Bitcoin fund. XRP futures and Solana's stablecoin growth also made headlines, alongside Litecoin's rally and North Korea's crypto phishing schemes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

GhostEntropy

2nd shitcoin ETF. Whoop whoop.

Deep-Distribution779

Let’s bring it back to the original point: **the commenter thought BR went out and bought shares in their own ETF.** If someone doesn’t even understand that basic concept, the first step is to keep it simple. That’s all I was trying to do. It’s like saying *“Bobby bought tomatoes from the grocery store”* and I’m sure you’d jump in helpfully to say, *“Well actually, Bobby didn’t buy them from the grocery store, the grocery store was just the intermediary agent who sourced them from a transnational distribution network, who bought them from a Central American co-op, who bought them from an Ecuadorian farmer.”* You would be absolutely correct. But, was that level of detail required on first glance? does it really matter that BR subs out their custodian services if the person doesn’t understand the difference between a bitcoin and share in a BTC ETF. Thanks again for being so kind and supportive.

Aconyminomicon

I hope it goes back down to 0.07 so I can buy more but I think those days are over ever since HBAR got the ETF app that looks like it will pass this year.

Aconyminomicon

The guy responding to you is the typical Hedera hater who knows basically nothing about the difference in hashgraph DLT vs blockchain DLT. They don't know that Hedera is a solution to many problems, and inversly, 99% of large cap crypto like SOL/DOT/ETH/ADA are all different solutions to problems no one really has. If the coin isn't ISO20022 compliant, then the coin is not going to hold up long term. If you can't plug in to the existing framework like ISO compliant coins can, then why would SWIFT or any other network devote their own time and money into helping people use inferior networks like Solana or Ethereum. When SOL and ETH got ETF applications, nothing happened. When HBAR got its ETF application and only the application, it did a 6x. The smart money knows where to go but the average crypto person is psychologically manipulated with group think, echo chambers, and perpetual promises that will never be delivered.

Deep-Distribution779

I hear you, but I don’t agree it was inaccurate. BR uses a custodial agent to hold Bitcoin for their ETF holders, and it’s ‘Coinbase Custody Trust Company, LLC,’ not Coinbase the retail exchange. They’re separate legal entities. Saying it’s just ‘Coinbase’ is wrong and makes it sound like the Bitcoin is sitting on a retail trading platform, which it isn’t. Either way, none of this really matters if someone isn’t getting the basic concept. We can agree to disagree.

Deep-Distribution779

I was aware, I just didn’t want to add that extra layer of complexity to make it even more complicated to the guy who thought BR was going to buy more shares in their own BTC ETF to order to make sure they always had enough BTC.

thistimelineisweird

I can buy ETF's with pre-tax income in my 401k and hold it until I retire. So if I am holding for the long-term, or want to engage in tax-free trading, I can buy about 40% more than after tax.

Easik

BTC combines two things people don't understand, finance and technology. It's hard to use. It's slow relative to people's misconceptions of how fast a credit card transacts (instant approval, future settlement). There is no fraud protection. There is no recovery if you lose your seed phrase. How do you overcome this? A BTC ETF fixes this for 99% of people. The people that care about self custody are the ones that understand the technology and manage the risks themselves.

DJules1987

can someone explain me what the point is of buying a crypto ETF instead of the coin? or is it just important because it makes it easier for people to invest?

Deep-Distribution779

I think people are just getting hung up on the words. Investors purchase shares in BTC ETF. Then BR goes into the crypto space and purchase the equivalent value of BTC. Then BR holds (acts as the custodian) those bitcoin for the investors in exchange for a fee.

abercrombezie

BlackRock earns revenue from its iShares Bitcoin Trust ETF (IBIT) through management fees, regardless of whether retail investors are buying or selling shares. Of course, it’s probably more beneficial if Bitcoin is bull since it tends to generate more volume, thus more earnings on fees.

SmoothGoing

>Blackrock is required to buy more ETFs to BR runs the ETF. It doesn't buy it. And doesn't hold it. It buys BTC or sells it depending on ETF share price. ETF share price depends on demand for shares which are traded by people and institutions. BR isn't buying its own product. They make money charging shareholders an expense ratio.

OffThread

You're right, but you they don't choose to buy, the ETF users do. Blackrock is just the middle man to get it and coinbase stores it for them. Blackrock just gets a small fee for being the custodian.

Savik519

Yes, they buy and sell according to what holders of the IBIT ETF are doing. 

Western-Gain8093

I imagine they must hold as much BTC as the BTC ETFs they are selling, if not what even is a BTC ETF?? If I'm wrong please someone correct me.

coinfeeds-bot

tldr; Bitcoin is reportedly trading at a 40% discount to its intrinsic value, with its energy value estimated at $130,000 post-April 2024 halving. Recent data shows significant Bitcoin outflows from Coinbase and Binance, suggesting institutional buying or ETF-related demand, with $3 billion in spot Bitcoin ETF inflows in one week. Analysts note Bitcoin's price action mirrors Q4 2024 patterns, potentially signaling a rise above $100,000, though resistance at $96,100 may pose challenges. Fractal patterns suggest bullish momentum but are not guaranteed. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

PlasticEyebrow

ETF's... there has been massive inflows.

Unnormally2

Some? Maybe. But with interest rates what they are, who is going to want to invest in an ETH ETF for similar or worse yields? Staking was more attractive when interest rates were near zero.

BoxTraditional3795

So true, i have a best friend to whom i was so keen to explain everything, she just thought i was kind of crazy and lost my mind to bitcoin, she then stopped listening to anything about bitcoin, until Bitcoin ETF approved, she put in a little bit.

critiqueextension

Recent data indicates that US spot Ethereum ETFs have attracted significant inflows, with over $104 million in the latest reports, supporting the potential for Ethereum to reach $2,000 as institutional interest grows. However, despite bullish technical patterns, market volatility and ETF outflows could pose risks to sustained price increases. * [Ethereum Price Prediction: Will ETH Reach $2000 ... - CoinDCX](https://coindcx.com/blog/price-predictions/ethereum-price-weekly/) * [Ethereum (ETH) Price: Is $2,000 in Sight Following ... - CoinCentral](https://coincentral.com/ethereum-eth-price-is-2000-in-sight-following-institutional-buying-spree/) * [Ethereum Price Forecast: ETH ETF sees boost as bulls ... - FXStreet](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-eth-etf-sees-boost-as-bulls-target-descending-channel-resistance-202504240135) ^(This is a bot made by [Critique AI](https://critique-labs.ai). If you want vetted information like this on all content you browse, [download our extension](https://critiquebrowser.app).)

Heavy_Bicycle6524

My 2 cents. Don’t put all your eggs in one basket. You need to diversify your investment. Take some of the gains and put those into ETF’s. With the turmoil in the market right now, you’re essentially buying ETF’s whilst they are on special

luctikal

If this is everything you have, I would say bad choice. BTC is (in my opinion) a good investment but still high risk. Would be smart to hold some ETF's like S&P500 or some world equity fund, and maybe allocate 25% of said life savings BTC.

nestiebein

Which is impossible because a broker with an ETF would need to show their crypto wallet to proof the holdings. It's exactly why Bitcoin and other crypto are more fair and more true than a central bank which undemocraticly makes changes that impact the entire economy.