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I like FBTC because fidelity self custody’s their Bitcoin and doesn’t rely on coinbase. Also they have an investment in a Bitcoin mining company, so they have vested interest in the asset.
I just started researching this. I’dont know that interest rate is pretty high. Might as well do Margin on IB and leverage that into a BTC index like FBTC.
https://portfolioslab.com/tools/stock-comparison/FBTC/BTC-USD
why FBTC? because i cannot convince myself that when the day arrives that I can no longer buy my groceries with usd, the grocer will still accept bitcoin. Gold maybe or even diamonds if they don’t know anything about the diamond cartel. candles, bullets, canned goods, gasoline, yeah, i get it. but bitcoin? maybe not so much. not that I would have much interest in living in that world anyway, but that is a entirely separate existential issue. for those who would require the world to pry their wallets from their cold, dead hands…I’ll just leave that world to you. 🙏 so i’ll hold some FBTC as a piece of my diversified portfolio, but beyond that I’m still gonna pass. let the flaming begin 🕺🏼
My portfolio is diversified, i bought some BTC, some IBIT, some FBTC, and some MSTR
You need 1,146 FBTC shares to be equivalent to owning 1 whole btc.
BTC Amount per 1 FBTC share: 0.00087284 btc
Lol my wife is also pretty risk averse. We’ve only been married a few years, so this was something I recently discovered. She makes more money and recently received a pretty big chunk of cash and prefers to keep it in a high interest MMA. We compromised on DCA’ing into the SPY over two years, but I was ready to lump sum it all two years ago. Anyway, thankfully our finances aren’t completely “together” just yet, so I’ve been aggressively buying FBTC lately, knowing that her portion is invested more cautiously.
I do a mix, some cold storage, some in after tax brokerage FBTC so I can barrow against it with a margin account, and some in FBTC tax advantaged accounts (401k/ira)
I thought about FBTC but decided to dca instead. I hold some fbtc as well.
I have a Fidelity account and hold FBTC within my Brokerage (2%), Roth IRA (100%) & Rollover IRA (15%).
BITO looks interesting. Man its tempting to buy a load of that in my roth account and roll the divisends over to FBTC. I'm gonna have to sleep on that lol
Will FBTC hit $140 this cycle?
Why Schwab(IBIT) for Bitcoin and not Fidelity(FBTC)? Is having your personal information linked to 3 different brokerage firms a good idea?
I wanted bitcoin in my Roth IRA but vanguard wasn’t getting an ETF so January 2024 I switched to Fidelity, their process was smooth I spent 5 minutes figuring it out, and within 2-3 days my funds were transferred. The next week my Vanguard account was closed and I barely had to do anything. I bought FBTC for $36.82 a share. Now they’re worth $91.20. The cool thing about a Roth IRA is I won’t pay capital gains when I turn 59.5 and I can trade FBTC for other stocks and back without a taxable event occurring.
I would go for it. The fact that fidelity self-custodies their holding makes them the front runner for using a financial house to invest in bitcoin. Almost everyone uses coinbase, which is fine but it adds to the risk. I’m currently selling a property and going with fidelity to buy bitcoin directly and some FBTC. My plan is to hodl the bitcoin and trade the FBTC shares using the fear and greed index metric. I figure holding some BTC will keep me grounded while trading some FBTC can be where I really try and maximize profits.
I’ve moved some of my retirement funds into FBTC and since almost doubled my money. I love FBTC!
Max out ROTH 401k, 23.5k. Throw all into FBTC, leave employer match in index fund. Max out ROTH IRA, put 30-40% in FBTC, rest in stocks you believe in. Everything left over grab some self custody.
Yes, FBTC is a great option. Most of the people in this sub will try to shame you with “not your keys, not your coin.” Don’t listen to them. While they may be technically correct, they fail to realize that for a certain portion of the population, it may be safer to have an institution like fidelity custody their coin instead of themselves. For the record, I custody my own coin, but I believe ETFs are a great option for many people.
Those are my two favorite options of the ETFs in my opinion. I like FBTC because they don't custody with Coinbase and everyone else does, so it is custodian diversification in case the worst happens. But most of my BTC is in cold storage
if in a ROTH IRA go for it. I love adding IBIT/FBTC to my roth.
FBTC is the best ETF because Fidelity keeps the Bitcoin in their own cold at
I hold FBTC and BITB…been good so far If you’re inside of tax advantaged account, great…if not, buy real Bitcoin.
Correct, I own MSTR and MSTY on Vanguard. But I’m mad they don’t allow IBIT or FBTC
They’re being stubborn. It’s quite simple to just allow their customers to buy IBIT or FBTC. Nobody is demanding they create their own ETF
I use a fidelity 2% cash back credit card for all expenses. Then pay it off at the end of the month and then use the cash back to buy FBTC in my Roth IRA. That way 2% of my discretionary expenses in cash are generating me Bitcoin and setting my future self up.
they have some of the best index ETFs but no need to hold them with Vanguard's brokerage. I have a ton of VTI sitting right next to FBTC at Fidelity
In history there were times when a country's currency was suddenly devalued 50%+ to solve its economic crisis. Examples: Israel in 1980s, Thailand in 1997, and Argentina in 2023. Suppose one day US declares US Dollar is devalued by 50% to solve the debts crisis. What would happen to the BTC ETFs at that moment? Will they double their USD prices instantly to maintain their market value in Bitcoin, or keeps their face value in USD (lose half of the BTC value)? For example, would FBTC double or remain its price in USD?
In history there were times when a country's currency was suddenly devalued 50%+ to solve its economic crisis. Examples: Israel in 1980s, Thailand in 1997, and Argentina in 2023. Suppose one day US declares US Dollar is devalued by 50% to solve the debts crisis. What would happen to the BTC ETFs at that moment? Will they double their USD prices instantly to maintain their market value in Bitcoin, or keeps their face value in USD (lose half of the BTC value)? For example, would FBTC double or remain its price in USD?
In history there were times when a country's currency was suddenly devalued 50%+ to solve its economic crisis. Examples: Israel in 1980s, Thailand in 1997, and Argentina in 2023. Suppose one day US declares US Dollar is devalued by 50% to solve the debts crisis. What would happen to the BTC ETFs at that moment? Will they double their USD prices instantly to maintain their market value in Bitcoin, or keeps their face value in USD (lose half of the BTC value)? For example, would FBTC double or remain its price in USD? PS: tried to make this a post but it is instantly removed by Reddit’s filters. So I asked the question here.
BITB does proof of reserves, has pledged 10% of its profits to support open source development, and has one of the lowest expense ratios out of the spot ETFs. I think that makes them the easy choice. Beyond them, the next to choices to me might be IBIT for being the biggest / most liquid choice, or FBTC for custodying it themselves rather than with Coinbase.
If you're asking if this sub is owning Bitcoin through contracts, no. I didn't mean that at all. Most people in this subreddit say: "not your keys, not your coins" Meaning, they go on to exchange to buy BTC, transfer it into a hardware wallet, and keep the wallet/keys safe. That's pretty much this sub's motto, and it's a good one. You should buy Bitcoin spot and keep them in a safe, hardware wallet. There are other ways to get exposure to Bitcoin.. many have exposure to Bitcoin ETF (like FBTC - Fidelity product). MicroStrategy is another way to get exposure to Bitcoin, albeit indirectly. Futures (like this post) is another.
My registered account holds FBTC.
lol who in the actual fuck would purchase this over IBIT or FBTC
FBTC in roth 401k, and roth ira until 30.5k max is reached, then cold storage
I don't trust them either especially after FTX case. But I did a little more research, looks like Coinbase has some dedicated sub-company for custodying Bitcoin. So it may be better than we thought, but I am currently down for FBTC
FBTC, they self custody their own BTC.
I spread out equally among the ETFs IBIT, FBTC, HODL, BITB. BITB has public proof of reserves and uses coinbase. IBIT uses coinbase. HODL uses Gemini. FBTC uses self custody.
I have FBTC in my Roth IRA so I can pay zero taxes when I sell to early retire. Thats the strategy for the etfs
I think best practice is to have most \~75% in cold storage, \~25% in Bitcoin ETFs. ETFs are easier to sell, buy, and for taxes. You might be able to use Bitcoin ETFs as collateral or proof of cash reserves when needed. I think IBIT/FBTC has a much much lower risk of blowing up compared to the exchanges.
I have BTC in a cold wallet, and FBTC in my retirement account.
I agree with your gut. Fidelity holds their customers Bitcoin in Fidelity Digital Assets (I think I have that correct) and they have Bitcoin investment options with Fidelity Crypto. They have also applied for authorization for in kind transfers. Might be a while for retail investors, but I ultimately think you’ll be able to exchange FBTC for actual Bitcoin with Fidelity at some point in time.
Both…. They both have advantages. But the BTC with the cash you have now and buy FBTC with your paychecks going forward.
If Tim is doing it for fiat gains, FBTC. If he’s doing it to hodl and maybe use it as bitcoin (selling, borrowing against, whatever) when he needs it…cold. One additional positive for FBTC….much easier to access by his family if he passes away.
I rolled my 401k into an IRA and purchased FBTC, best thing I could have done with it. I also stack sats. Ignore the naysayers with their pessimism.
I asked on the Fidelity sub and got this answer. >Hi there, [u/BatterEarl](https://www.reddit.com/user/BatterEarl/). We appreciate you bringing your questions to us here on Reddit and being a part of our community. Let's jump in and discuss Fidelity Wise Origin Bitcoin Fund (FBTC). >Because FBTC holds 100% bitcoin, the future Net Asset Values (NAVs) will generally reflect the price changes of spot bitcoin (the underlying asset) as measured by the performance of the Fidelity Bitcoin Reference Rate. The NAV is struck at 4 p.m. ET on weekdays. Like other ETPs, spot bitcoin ETPs may not always exactly reflect the price of bitcoin as a result of management fees and rebalancing costs and delays. The performance of FBTC will not reflect the specific return an investor would realize if the investor actually purchased bitcoin. >FBTC’s NAV per share is calculated by: >taking the fair market value of its total assets based on the volume-weighted median price of bitcoin used for the calculation of the index; >subtracting any liabilities; >and dividing that total by the total number of outstanding shares >The fund's prospectus details how it's priced and provides a lot of great information about the investment. You can quickly view it through the link below by clicking "View prospectus for FBTC and FETH," and check out some FAQs near the bottom of the page.. >[Introducing the Fidelity® Wise Origin® Bitcoin Fund (FBTC)](https://www.fidelity.com/etfs/crypto-funds) >If you have any additional questions, please let us know in the comments below, and we'll be sure to follow up with you. Until then, we hope you have a great rest of your evening!
I used to have Grayscale, and it was always trading at a discount - a significant one. Conversely, I can superimpose the price of Bitcoin over FBTC in TradingView, and it tracks exactly.
I just looked up on Yahoo! Finance that FBTC closed at $81.58 on 12/31/2024 and closed at $92.76 today on 6/3/2025. That's a 13.7% YTD performance, just like the actual Bitcoin.
I just looked up on Yahoo! Finance that FBTC closed at $81.58 on 12/31/2024 and closed at $92.76 today on 6/3/2025. That's a 13.7% YTD performance, just like the actual Bitcoin.
I just looked BTC is up 13% YTD wile FBTC is only up 9%. FBTC didn't charge a fee for most of the year so good question.
I’m actually looking at FBTC IBIT and the Grayscale one and all seem to underperform actual BTC price by quite a bit.
Actually I’m pretty sure IBIT does in fact t keep their bitcoin on Coinbase lol. FBTC is what you want since they’re have self custody.
FBTC is great but Ive found IBIT general has higher volume and lower margin requirements if you're looking to trade it
I tried buying Bitcoin directly and got confused at the first step. It asked me where I wanted to keep it: mobile, desktop or hardware. I have no idea. Buying FBTC is easy.
I hold BTC in my Trezor wallet and every month i DCA on $FBTC (custody storage by Fidelity) 20%.
15% to my 401k using FBTC and MSTR. An additional $7k per year to Roth IRA using FBTC, MSTR, and IBIT calls. $5k per year into my HSA with FBTC. Plus additional purchases of bitcoin on the side monthly when I have leftover amounts.
I did a few weeks ago. Last year, I went about 50% VOO and 50% MSTR, and my MSTR performed extremely well, I took profits at a good time, and now feel like I can take more risks with my overall portfolio. I'm now trying my hand at going 100% FBTC and I am prepared to hold for 5-10 years if need be. I'm still hoping I can at least 2x this cycle and take some profits, but if we happen to be near the top I'm okay holding for another 5-10 years and seeing where this ride goes.
With ETFs like IBIT and FBTC, it makes it super simple for anyone.
Buy the etfs really easy..IBIT and FBTC
Split IBIT and FBTC for better risk management. 50/50 . Add some BITO, MSTY and SGOV for dry powder when rebalancing.
Nice man. Why IBIT over FBTC or other BTC ETFS?
Or you can buy IBIT or FBTC in your 401k account
I buy FBTC in my IRAs whenever the price dips.
I just hope it stays in this range through Monday morning, so I can buy some more FBTC.
If you want to diversify your custody holdings, you could split between IBIT and FBTC. IBIT uses Coinbase. Fidelity does its own self custody.
I have been buying FBTC in my roth. People will tell you not to, 'not your keys not your coins' and all that. But its a perfectly valid strategy. Do what works for you. I will say, outside of tax advantaged accounts my opinion is different. But not everyone wants the responsibility of physically/mentally securing their investment. Thats absolutely understandable.
IBIT, FBTC, GBTC, BITB. All good.
Schwab account --> Roth IRA --> IBIT, FBTC, etc. With a Roth IRA you can trade without taxable events.
I have a 401k with roughly 2x my salary in it invested in the entire investible U.S. market. My Roth IRA is 100% invested into FBTC. This is a longterm Bitcoin retirement reserve plan for me. It’s the only conceivable way I can t retire before I’m an old man. I want to retire in the next 5-15 years. Im going to pay zero taxes and institute SEPP withdrawals to access the funds early when it’s enough to be an early retirement.
Buying the real thing is 10x better on soooooo many levels. If you're just trading short term, I guess it's fine to use FBTC.
IBIT for high volume liquidity and BlackRock being the largest BTC holder. They use Coinbase Prime (for institutions) and Anchorage Digital, as backup. I personally find this more secure than Fidelity’s FBTC self-storage, their volume is very low.
Just stick w IBIT or FBTC… I use FBTC.
Emphasizing what others have said. Roll the old 401k into a Traditional IRA/Roth IRA and buy a Bitcoin ETF (FBTC, BTC, IBIT, etc)
FBTC, but the real thing in your own cold wallet is always better then these paper IOU's.
IBIT uses Coinbase custody and FBTC does self custody. I do both. Yes the real deal is the best but in Canada the registered accounts can only do etf. But in the USA check out Swann, you can have actual bitcoin in an IRA. https://www.swanbitcoin.com/bitcoin-ira/
Honestly, as much as I believe in bit, I couldn’t stomach the taxation to cash out and buy directly. That’s what I call “expensive money”. So gaining exposure in pretax accounts was the next best thing. Fidelity makes it super simple to open an IRA and complete the rollover process (which, bit withstanding, I think is good practice anyway - consolidate your previous employer plans as you exit). Once you’ve done that, you just move it all to FBTC. There’s the obligatory “check here to confirm that you understand this is a risky asset”, but that’s it.
This. Buy a mix of IBIT and FBTC to spread any risk related to the security of their custody. I just recently did a 401k to Fidelity IRA and it was super easy…wish I had done this sooner when BTC was a lot cheaper, lol.
To the best of my knowledge, FBTC from Fidelity is the only broker that self custodies, as in Fidelity custodies it. I’m not going to argue it’s the same as owning the coin directly but I don’t think you can justify 20-30%+ in taxes/penalties on a cash out (depending on your bracket)
Just buy IBIT, FBTC etc in your 401k
If forgetting passwords is the only reason then just buy FBTC or IBIT
Thanks. I have thought about this, but I the BTC ETFs most brokers make available through their IRAs don’t actually own the Bitcoin they track, or otherwise don’t own enough to have liquidity. I will check out FBTC though. Much appreciated.
well realistically, if the 401k is pretax, you’re paying a 10% penalty on a cashout on top of income taxes. Meaning, that unless you’re in a super low tax bracket it is likely not sensible to truly cash out. That doesn’t even include state taxes (if applicable) you could consider rolling to an IRA and buying a spot ETF like FBTC as an example. At least that way you aren’t eating tons of taxes during the transition.
Oh so you add funds using a credit card and get 2% cash back. Then use the funds to buy FBTC? What Roth IRA lets you fund with credit cards?
No, you get points (2% back in all purchases). It gets put into my account in cash and I buy FBTC with it.
Originally I wanted to buy IBIT or FBTC using Roth IRA funds, but Vanguard or Merrill Edge wouldn't let me so I went for MSTR at the time. I now realize how easy it is to transfer accounts over to Fidelity, so I have kept some MSTR and transferred over my accounts to Fidelity so I can now buy BTC ETFs. I think there are some people in other countries buying MSTR who might have restrictions on BTC ETFs as well.
Im holding FBTC not MSTR or any company.
Wait, you can buy FBTC with a credit card for a Roth IRA?
There’s no difference in buying IBIT or FBTC and Spy or Voo. It’s a legitimate investment vehicle. Especially for people wanting to utilize high gains in a Roth IRA and pay zero taxes to the government. I’m trying to have a Peter Thiel moment.
I prefer the Fidelity ETF FBTC. They don’t use coinbase and custody their own Bitcoin. Also they have an investment in a mining operation and I think that’s cool. Roth IRA is my strategy with my Bitcoin for early retirment.
I have a fidelity credit card where I get 2% back on all purchases. I put roughly $30-$60 a month into my Roth IRA from that and buy FBTC with that. That’s the most I can do outside of 401k since I dumped my entire cash pile into the tariff hysteria dip earlier this year. I’m trying to build back up my emergency fund before I buy anymore.
When an asset rises or falls in fiat terms, it gets rebalanced. So when Bitcoin gets more valuable my holdings get reduced. When it falls in value, I add to my stack. This past year it has increased in value, so it has been reduced. I do have two cold storage wallets that will not be sold. Most of the rebalancing occurs in tax protected accounts (IRAs) with paper bitcoin (IBIT & FBTC).
But surely you could buy US stocks from a Swedish broker right? A lot of US shareholders are not from the US. Myself included. If one could buy MSTR surely they could also buy IBIT or FBTC. All I’m trying to say is, the two aren’t the same thing. Some people mistake MSTR as “Bitcoin, only in a stock format”, that’s a big mistake. MSTR behaves VERY differently than a Bitcoin ETF or Bitcoin itself. There are a lot more variables to think about and timing of buy and sell suddenly becomes critical (unlike with Bitcoin, I can DCA blindfolded and sleep like a baby)
I buy bitcoin. I also buy FBTC in my Roth. 🤷♂️
Don't withdraw it. I converted everything in my Roth IRA to FBTC. It's up 158% since last January, and when I retire I can withdraw it tax free.