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If you are going ETF then I would suggest FBTC. If you want to earn $ the. BTCI sells covered calls on Bitcoin.
Bitcoin in Strike, Bitcoin in wallet, Gemini Bitcoin rewaeds credit cars, IBIT, FBTC, MSTR.
Hopefully the markets can end the work-week on a strong note tomorrow. US Futures bombing down -1% last night dragged us down alongside it as short-volume moved in, but we're basically back to where we were yesterday as the S&P climbed back to a flat day (though Tech was still down today, and is down over the last 5 days). It'll be a few hours until Blackrock's ETFs report, but it looks like ETF outflows today were pretty well-absorbed by the markets as well. Fidelity (FBTC) customers in particular have sold around $680M worth in just 3 days, which amounts to ~5.5% of their entire fund as of Tuesday.
I do half IBIT, half FBTC. Fidelity came up with Fidelity Digital Assets to custody Bitcoin themselves. Blackrock custodies with Coinbase. Just a hedge if one or the other is compromised.
You need a better broker. I have FBTC in both TD and WealthSimple.
I checked my TFSA at my bank doesn't seem to allow holding FBTC or any crypto funds
For buy a flat outside eurogoulag in 2035 (target price mini: 500 000 USD) 🙏 DCA every month on $FBTC 30% allocation.
I believe the break-even point for a single investment is 8 years (1% purchase fee + 1% withdrawal fee for direct crypto)/.25% annual fee for fbtc. Hold longer than 8 years and the crypto ira is better. Hold for less (or trade more) and FBTC does better. If you're investing monthly or yearly and then withdrawing all at once, you'd be looking at more like 16 years (this would be an 8 year average age of a deposit). If you're not withdrawing all at once you can choose the midpoint of withdrawels (e.g. lets say you're 50, plan to retire at 65, expect to live until your 85, then average withdrawel time would be age 75, average age of investment = 25 years. Since 25 years > 16, you'd do better with direct crypto). I also suppose it's possible the fees on these funds could change over time... but that's hard to predict or model. The optimal strategy is to invest purely in crypto ira until you think you're 8 years away from withdrawing *that deposit & it's growth* and then start buying FBTC. But, if you're that close to withdrawing, you might consider less risky assets. My 2 cents anyway.
It's best to hold your own bitcoin - I'm sure other replies will cover the kraken purchases. But there's a lot to be said for tax free gains, too! If you have space in your TFSA, I'd buy FBTC with that $10k. By the time you retire, $10k should be worth substantially more, and in a TFSA you can withdraw tax free.
I've been doing this. I take some of my yields from SPYI, QQQI, and BTCI among others and buy FBTC with them.
I would say get a Fidelity account. You can buy either Bitcoin (BTC) or ETF (FBTC) and Ether (ETH) or ETF (FETH). No keys or pass phrases.. just signing into a stock account. You own the coins but need to sell them to spend them. Great for a beginner.
I suspect Fidelity runs the FSOL like FBTC and FETH.
Does FSOL have staking? I buy FBTC, FETH, and BSOL wi FB my Roth IRA and HSA
I fully believe in BTC. I sold & moved my capital a few weeks ago from BTC & FBTC (in my Roth) to SLV. Happy with that move. That being said, once I hit my personal target with SLV, I’m selling (most) of those shares and moving back into BTC. I’ll also have a lower average cost by doing so🫡 BTC is moving into a bear market so for us ants, peasants and peons this will be a GREAT time to accumulate sats. But I agree too many people let their emotions drive their investments and do not critically think. I see so many damn people (with ANY asset) speculate on what is causing price movements but won’t do the work to research the macroeconomic conditions or what the driver of price movements are.. They also are not zooming out. Ultimately it’s the difference between true investors who will make money in the market and wannabe’s who will end up just having a target date fund in their 401k’s😜
No it's not, but it is my risk tolerance and not yours. You do you. I have plenty I hold myself and that's hold I hold the majority of mine. In addition to that I have some on exchanges for convenience and some in FBTC and IBIT ETFs within my Roth for the tax advantage. I know what I hold that's not self custodied are "not my coins" but they're my IOU's with big names backing them that I'm taking the added risk on for the advantages they do have. I'll stack how I want to thanks
I just buy FBTC/FETH/FSOL in my Fidelity IRA
No because after running the numbers looking at the expense ratio of FBTC and IBIT vs Fidelity crypto's 1% spread, It was more advantageous if you were dollar cost averaging just to buy the ETFs instead. So that's what I've been doing. If you're just lump sum buying once or a handful of times then Fidelity crypto makes more sense, but ETF's outpace after ~ 5 years in if contributing equal dollar amounts
This is exactly what I did last month and I’m around your age. Old 401k w/ fidelity so I rolled it into a traditional IRA with them (took about 5 days). Then just put the entire account into IBIT & FBTC
This has been my plan for all tax advantages accounts that offer BTC spot ETFs since I got orange pilled. The only difference is I use BITB, which has a lower expense ratio than IBIT or FBTC.
You can get direct ownership of bitcoin with a unchained.com IRA. The upside you get control of a 2/3 multisig wallet. You own 2 of the keys, they own 1, that means it's yours. They can't touch it, they can hold 1 key for you but can't do shit with it. The downside. They charge a 1.5% for trades in an IRA, which is pretty steep. That means 1.5% on the way in, and 1.5% on the way out. They also charge you $250 annually. Personally, for ETFs, I prefer fidelity because they custody their own bitcoin. This is obviously a do your own research situation, but as somone who holds bitcoin in an unchained IRA and has FBTC, I figured i could give you the rundown of your options.
Financial advisors would mention 5% of net worth to be allocated to Bitcoin. This sub would tell you 100% Bitcoin allocation. If you go the route of buying Bitcoin directly make sure you store it on a cold hardware wallet and keep your seed phrase safe. If the hardware wallet is too complex for you go with one of the etf options IBIT or FBTC. I'm about 20% Bitcoin allocation between pure Bitcoin and IBIT which is rather large in my opinion. 15% is pure Bitcoin, 5% IBIT. I'm currently buying index funds in my retirement accounts this year so the allocation will go down by the end of the year.
I have 11 or so. IBIT and FBTC.
I recommend a more balanced portfolio of 30% Bitcoin, 40% FBTC, 15% Lightning and 15% Liquid.
So do I…and I max it with FBTC.
Huge believer in diversification to keep you sane for the long term. I do 80% stock with most of that being vested in QQQM and VOO. 20% in btc with 3% of that in FBTC and the rest in cold storage. Gotta diversify security
70% BTC in multisig, 2% FBTC in a Roth IRA (and growing each year with additional contributions), 15% S&P500 in a 401k and Roth IRA, 13% cash for spending and emergencies. Eventually I could see FBTC being as high as 30-50% of my net worth for the tax-free gains, but hopefully by the time I’m ready to retire the cap gains laws around spot Bitcoin will be more favorable too.
I’ve gone back and forth on this and landed on a hybrid view, not a binary one. The real distinction isn’t “FBTC vs Fidelity Crypto IRA,” it’s how often you trade and how long you hold. * **Fidelity Crypto Roth IRA** * \~1% spread on buys and \~1% on sells (one-time, not annual) * No ongoing expense ratio * Tends to make sense for **long-term HODL capital** with very low turnover (no selling, lump sums or infrequent buys held 20–30+ years) * **FBTC in a regular Roth** * \~0.25% **annual** expense ratio * No per-trade spread * Cheaper option for **trading, dynamic DCA sizing, or rebalancing**, where spreads would otherwise hit every contribution When you actually model it, **FBTC** usually **wins early**, but **Crypto IRA can win over very long horizons** because the ETF fee compounds against the entire growing balance every year. The crossover depends on return assumptions and contribution frequency. Higher bitcoin returns = Crypto IRA wins earlier. So a sensible approach for some is: * **Crypto IRA = “never touch” long-term BTC allocation** * **FBTC = flexible DCA / trading / tactical accumulation sleeve** Matching the vehicle to the behavior matters more than declaring one universally superior.
Just checked my investment portfolio, my investment manager sold off some bonds and bought more FBTC shares. Might be something to this.
If you are keeping bitcoin on an exchange and plan on doing so for a long time, it’s probably actually less risky to just buy FBTC bitcoin etf with fidelity instead. I’d actually buy it on Robinhood instead of Fidelity because Robinhood lets you borrow money at 5%, which is less than half what Fidelity charges. But I trust Fidelity more.
The average person can choose to own IBIT or FBTC. >which is not something that makes most people feel safe about having it. That's totally fine. Not everyone is cut out for holding self-sovereign Bitcoin.
Nice meme, I'm going to keep buying FBTC tho, thanks!
Do it. I’ve done it a couple times lately in my Roth IRA. If you feel confident in your pattern recognition, yourself, you scan through social media and take in what is going on in the macroeconomics then I’d say it can work. Obviously be careful but in my opinion I made some money and so can you. I’m actually annoyed cause the other week when FBTC was at $81 something a share I was thinking of doing it again.. but I didn’t listen to my gut. Now it’s currently at $73.75 (17 mins till market opens) I’m hoping for a Santa Rally that isn’t coming so I can do it one last time in 25’. Good luck dawg
I appreciate your opinion and I agree to an extent. I’ve held MSTR and FBTC in my IRA for a while since I can’t hold actual BTC there. MSTR and XXI have possibilities that real BTC doesn’t. Yes it’s a lottery ticket hoping that they succeed in creating something from their massive pile of BTC. I would still like to know how one website calculates mNAV for these two companies so differently. The MSTR number appears to be right while the XXI number looks like they used garbage numbers to calculate it. [the miscalculation](https://bitcointreasuries.net/public-companies/xxi)
tldr; Bitcoin exchange-traded funds (ETFs) saw a significant net inflow of $457 million, marking the third-largest single-day inflow since October. Major contributors included BlackRock’s IBIT, Fidelity’s FBTC, and Bitwise’s BITB, while Grayscale’s GBTC led outflows. This surge reflects institutional demand for Bitcoin amid macroeconomic uncertainty, with investors favoring liquidity and regulatory clarity. Bitcoin's price remains resilient, trading around $88,700, as capital consolidates around safer, institutionally accessible assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Why not just keep it in actual Bitcoin? I could just buy a bunch of IBIT or FBTC but doesn't that kinda defeat the point of owning Bitcoin in the first place?
What’s wrong with ETF’s? I have FBTC cause Fidelity custodies their own BTC.
What’s wrong? My FBTC is up 107% at the time of writing this. I bought the Fidelity etf just for fun on the day it was released.,
Saylor's jargon isn't the language of bitcoin. It's the language of tradfi banking, which bitcoin was invented to obsolete. The "digital-yield digital-credit" mumbo jumbo is that it's a way for someone else to take possession of your bitcoin and make you think you're winning. iBIT/FBTC/GBTC = someone else possessing your bitcoin MSTR/STRC/STRK = someone else possessing your bitcoin MARA = someone else possessing your bitcoin Bitcoin left on Binance/Coinbase/Kraken/Bitfinex = someone else possessing your bitcoin wBTC/cbBTC = someone else possessing your bitcoin Be like Satoshi. Hold your keys. Stay quiet. Stack sats.
They are generally correct, my main point was that FBTC specifically does self custody. So ETFs do exist which store the BTC to alleviate the issue of excess supply inflation on exchanges. They just mostly don’t.
FBTC does self custody. A lot of them do just let coin base handle it though.
I bought FBTC recently and I been buying Bitcoin directly.
I have mostly FBTC but also have a small amount of BTC on Coinbase and I'm okay with that.
A quarter of my dca toward Bitcoin is FBTC/IBIT. Easier tax reporting.
I have a good chunk of FBTC in my IRAs.
Buy FBTC through your brokerage to get started. Figure out the whole keys/cold wallet/exchanges later.
If you want to own and use real Bitcoin, then yes, there's a rather steep learning curve. But it's worth it. If you just want to take advantage of the price action, then your best bet is to open a brokerage account if you don't already have one, and buy one of the ETFs (FBTC is great) in a tax sheltered account. Just keep in mind that you won't own Bitcoin but a Bitcoin derivative. You can buy from Coinbase, Binance or a similar exchange with a credit card and leave your balance on the exchange, but that's pretty much the worst of all worlds. You'll own a derivative, will be at higher risk of losing it all to a platform collapse, and your funds won't be tax sheltered.
I think you should look into Bitcoin ETFs. They move at the same percentage as Bitcoin in terms of investment dollars so this will satisfy your craving for owning a piece and seeing how much you can make. You can buy in 30 seconds on Schwab- IBIT, FBTC, GBTC or BTC
FBTC in Roth 401k every 2 weeks and chill.
You have to buy something... I have FBTC (Most of my portfolio), MSTR, XXI, ASST...
You can buy $FBTC and $GBTC with most major retirement plans.
Yeah so far I have 5 percent in FBTC. I do believe it would go back up which is why I would consider it. I have time..it's just a thought. Just a matter of what percentage I'd be comfortable dumping in at a crash point.
What a strawman. I was specifically talking to the people who are actively FUDing MSTR. The ponzi and pyramid scheme references. And specifically why would you buy? Answer, because every share holder accumulates more of the underlying asset. My initial buy of MSTR was at less than $20. I cashed out the majority over $400. There will be more cycles. This just sounds like the same old BTC FUD we have been hearing forever. You went on a wild tangent there. BTC, FBTC, and MSTR combined is less than 20% of net worth including real estate. You made a lot of assumptions. Look beyond what exactly? Whats are your allocations? Teach me something.
Right, but if they have fidelity, they should be able to buy FBTC with their 401k instead of taking an 8% loan against it.
You have fidelity? Why didn't you just buy FBTC?
You can have a look at Bitwise 10 Crypto Index Fund (ticker: BITW) is designed to track an index composed of the 10 most highly valued cryptocurrencies, with Bitcoin being the largest holding at 74.5% of the fund's weight, *rebalanced monthly* based on market capitalization and screened for certain risks, $1.249 billion AUM. Spot ETFs don't rebalance as they track the price in real-time. However, funds use different price tracking methods. iShares Bitcoin Trust (IBIT) and Bitwise Bitcoin ETF (BITB) use a price-tracking index, such as the CME CF Bitcoin Reference Rate. Fidelity Wise Origin Bitcoin Fund (FBTC), on the other hand, generates its own Bitcoin price estimate by spot-checking prices from six major cryptocurrency exchanges every 15 seconds However over time, spot ETFs deliver nearly identical performance, regardless of the tracking method but on a day-to-day basis you may see discrepancies. As to fund valuation not aligning with the current price, this can happen for a few reasons: *Supply and demand imbalance*s drive the market price of fund shares above the value of the Bitcoin they hold (a premium to NAV). In the past Grayscale GBTC for e.g. had a history of both NAV premiums and discounts because they have a fixed number of shares so they don't create and redeem daily. IBIT doesn't have a fixed number, they create/redeem daily so they can arbitrage... *Arbitrage* delays prevent immediate price alignment, especially in funds with limited creation/redemption mechanisms. Or... Investor *sentiment* leads to higher willingness to pay for convenience, tax efficiency, or institutional access.
Maybe just do a spot etf? Like FBTC. Might get down voted for that lol
For me it's IBIT / FBTC. Self-custody is the end goal, but be sure to consider the risks. Think about password durability (fire, you're death), and $5 wrench attack at least. You might be able to overcome these with, for example, multisig + protocol for loved ones releasing their keys to you. Think time locks / wellness checks required first. This comes with a tradeoff in liquidity of course... I'm sure you'll figure it out. Good luck! Congats on the stack.
Not always true. ETFs also have fees and buy-sell margin, and will always have a slippage where price of ETF will be slightly lower than actual BTC. For example, FBTC which is Fidelity's bitcoin etf is down -3.85% in the last 1 year but bitcoin is only -3.47%.
I’m fairly new to bitcoin too, I’ve been allocating between Fidelity crypto, FBTC, and self custody. Most of my money is in Fidelity crypto, they’re currently allowing some customers to transfer crypto to self custody and I think they will allow everyone to in the future. FBTC is also a good option since they self custody their own bitcoin compared to IBIT. Most of my FBTC is in my Roth IRA but Fidelity also offers a crypto Roth IRA account.
Starting Jan. 5, the firm's CIO-covered bitcoin ETFs will include the Bitwise Bitcoin ETF ([BITB](https://finance.yahoo.com/quote/BITB)), Fidelity's Wise Origin Bitcoin Fund ([FBTC](https://finance.yahoo.com/quote/FBTC)), Grayscale's Bitcoin Mini Trust ([BTC](https://finance.yahoo.com/quote/BTC/)), and BlackRock's iShares Bitcoin Trust ([IBIT](https://finance.yahoo.com/quote/IBIT)).
Yeah get that. Thanks. Im in, scored yesterday when was a crash and continued this morning. Ive roughly 0.1 btc etf. Mostly FBTC and some IBIT.
Blackrock has diversified their custody, so it isn't 100% on exchanges, and fidelity hold their own in custody. I still don't think it's safe, just safer to some degree. I also think institutions like Blackrock are so massive, that they would be some of the first customers to get their bitcoin if coinbase went insolvent. I have some FBTC in a roth, but the vast majority of my bitcoin is being stored with a multisig wallet.
How do you guys feel about selling a portion of your gold mutual fund that is up 70% ytd and has 80% of your ira balance in and buy up some FBTC? I guess the better question is. Do we think gold will do better or worse than BTC 2026?
In for $200 of FBTC in my Roth IRA this morning, too.
Look up and digest a graph of Satoshis per share of MSTR and get back to me. Long term share holders have more (much more) BTC in value today than we did 1 year ago. Its a fact. MSTR is a leveraged BTC play. Every share holder has received more BTC over time for the initial investment. An ETF doesn't do that. For the record I own BTC, MSTR, and FBTC.
You dont know that's the point. I never said companies. I said institutions. Pension funds for example own lots of MSTR. They have no mechanism to hold BTC. In many countries it would be against the law for the Pension Fund to buy BTC. However, they can buy a BTC backed security or ETF like MSTR or FBTC. Find out for yourself. The measure of MSTR that matters is satoshis per share. If every share holder is only receiving more BTC over time (we are) it cant be a ponzi. FUD is working to shake out people who don't understand MSTR and aren't fully bought into BTC.
Buy Bitcoin ETF (i.e. FBTC) in a regulated brokerage account. No scams. No hacking. Buy regularly every week. Don't day trade.
I buy FBTC using a regular brokerage account. I have set up a Fidelity Crypto account, but I have yet to actually use it. It seems pretty straight forward, though.
Do u mind if i ask a help/guidance ? How do u do on fidelity? Crypto account vs IBIT or FBTC ? (Im new but just started)
They are both reputable and have the same expense ratios. Probably fine either way. But Blackrock custodies with Coinbase while Fidelity built Fidelity Digital Assets to custody it themselves. I like how they took the time to do that. I do 50/50 FBTC and IBIT in case one custodian fails. But if I had to choose one, itd be FBTC. Plus, out all my Bitcoin investing, spot etfs are only 25% and real Bitcoin in cold storage is the rest.
Fidelity reaching $250M in their tokenized fund on Ethereum is significant for institutional adoption. The Fidelity Wise Origin Bitcoin Fund (FBTC) uses ERC-20 tokens to represent shares, bringing traditional finance (TradFi) infrastructure to blockchain. While still small compared to their $4.8T AUM, it demonstrates growing mainstream acceptance of blockchain technology. This approach gives institutions regulated exposure to digital assets while leveraging blockchain's efficiency for settlements and transfers. Important context: these are tokenized securities, not actual crypto assets - they represent traditional investment products tracked on-chain rather than native crypto investments.
Happy and healthy family is most important. XEQT + FBTC in my TFSA
I don’t think so. I think that ship has sailed. That’s only the equivalent of $9,000 right now. So if anyone thinks it will be life changing in a decade go find a way, any way to buy .01. I think it would be amazing enough for 1 BTC to be worth a mil in a decade. Except a mil won’t be worth shit in a decade at this pace. I do continue to stack. Modest goals in cold, river and FBTC in my Roth. I’d slap the 2017 me in the face for not listening to the guy at work telling us about Bitcoin.
Hmm why IBIT has outlets while FBTC has inflows
tldr; BlackRock's spot Bitcoin ETF, IBIT, has experienced net outflows despite Bitcoin's short-term recovery. Over two days, IBIT saw a net outflow of $66 million, indicating profit-taking by large holders as Bitcoin approached $88,000. This contrasts with inflows into other ETFs like Fidelity's FBTC. Analysts view BlackRock's flows as a sentiment indicator for institutional interest, suggesting caution despite Bitcoin's price rebound. The outflows may reflect institutional rebalancing rather than diminished confidence in Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yeah definitely a good idea to have I use it for the bulk of my 401k and Ira, and would even consider converting cold storage into FBTC if it would tip me over for qualifying for loans as well in the future
I've got FBTC in a UTMA, different vehicle but similar idea.
And I buy IBIT or you can buy FBTC
Thinking of having a secondary BTC holding like FBTC in an IRA so no taxes buying and selling it there until withdrawal at 60, then selling it but only taking out small amounts at 60 to reduce taxes?
> The only difference is spot bitcoin has 1% spread, FBTC has an annual expense of 0.25%. Yeah, and since you have to pay the spread when you buy and when you sell, Fidelity Crypto is only cheaper if you hold for 8 years or more.
Spot bitcoin in an IRA is not self custody. The only difference is spot bitcoin has 1% spread, FBTC has an annual expense of 0.25%.
At Fidelity you can either do their ETF (FBTC) or buy spot bitcoin on their Fidelity Crypto IRA. My opinion is, spot bitcoin and holding your own keys is better than letting them hold for you. Not your keys, not your coins. But YMMV.
Open a brokerage account and buy IBIT for FBTC. Go to a Roth IRA custodian like Alto IRA and buy the actual coin inside of a tax advantaged Roth IRA. Soon banks will be able to hold crypto in their custody. Honestly, there are probably more secure offerings from Coinbase already. You don't have to go straight to cold storage. There are rails to get into bitcoin.
Explain FBTC to me like I'm a dummy. They only buy FBTC and the price rises and falls with the price of BTC? Is that what I'm seeing with their chart?
I hold FBTC in my Roth IRA so I can rebalance my portfolio when the volatility is high without worrying about taxes. You're not alone :)
Most traditional brokers let you open short positions too. You're free to short one of the Bitcoin ETFs (IBIT, ARKB, FBTC, etc.)
I found the comment you got it from, they got it from another comment that’s been deleted. You are right , “best to do your own research” , especially given *how public* this info is https://institutional.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FBTC
With stocks 1 options contract controls 100 shares, hows it work with FBTC?
FBTC has options if you really want to go wild.
Can you not convert it into a brokerage account? I converted my 401k with fidelity into $FBTC and am just going to leave it on the brokerage account and avoid widthdrawl fees.
I bought more in my IRA. I like FBTC. my dividend checks pool so I use that.
What is the best way to learn about bitcoin stuff? I don’t think I have a wallet or seed phrase etc. I just currently hold my bitcoin / buy it with my fidelity account. I was also going to buy some discounted FBTC in my Roth IRA.
I’m all cash and gold and my FBTC options. Smart money is pulling out significantly and economic data looks like shit.
If you don’t mind owning an ETF you can sell an at the money put on IBIT/FBTC and get paid ~$1,300 on 11/21 expiration. If it doesn’t hit your strike price by 11/21 then you get to keep the $1,300 and can do the same thing again for the following week.