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IBIT and FBTC (ETF funds) $25K in each.
Institutional crypto has turned into a machine that extracts value from retail. Spot ETFs like BlackRock IBIT and Fidelity FBTC, CME futures, options, perpetual swaps and structured products let funds profit from volatility, crashes and liquidations through shorts, leverage and basis trades. Price is driven by derivatives desks and macro flows, not real usage. A small group of custodians and institutions hold huge portions of supply, while paper Bitcoin and rehypothecation dilute the scarcity narrative. We have already seen how this ends for retail with FTX, Celsius, BlockFi, Terra and countless liquidation cascades. People lose everything while funds collect fees and trading profits either way. The tech side is not immune either. AI is accelerating exploit discovery and protocol attacks. Quantum computing is a real long term risk to current cryptography and signatures. If large scale quantum becomes practical, much of today’s blockchain security model is compromised. The reality is decentralization is shrinking, financialization is total, and the security assumptions are not permanent. Crypto is increasingly just another Wall Street asset class where retail takes the risk and institutions extract the value.
I never understood this mentality. If you believe the cycles are repeat patterns why don’t you sell when everyone was saying this is the cycle peak and load up on FBTC puts, sell those off today and now own 40x as many sats?
That’s exactly what I did. FBTC to IBIT
I've been investing all my roth iRA contributions to FBTC this year, will be interesting to see how that works out by EOY.
Diversify! My FBTC and FETH dropped like rocks. But my SCHD is booming right now as people seek the new safe haven.
FBTC is a spot ETF and is required to directly own the underlying asset. They cannot own derivatives and similar to track the price and this is enforced by the SEC. They own the assets under Fidelity Digital Asset services and is segregated in different wallets with most being offline. This organization is regulated by New York Department of Finacial services and are required to own 1:1 reserves. They also have quarterly SEC filing that show how much they own.
If all else fails, you can always buy one of the ETFs (like FBTC) in a brokerage account. I know many here have strong opinions about the bitcoin ETFs. I'm not here to convince anyone or argue the pros/cons! Simply offering an alternative route to get exposure at current market prices.
I know it’s not “real Bitcoin” but I do keep FBTC in a Roth for the tax advantages.
I'm switching jobs in a couple weeks and I will be able to roll my 401k over into FBTC. "You have no idea how high I can fly" - Michael Scott
I’ve been debating rolling a old 401k into a Roth and buying FBTC
Idk if it makes u feel better but I'm down -$26k between BITB/FBTC after deciding to increase my Bitcoin exposure this year. I just bought in $6k today at $77k only to see it drop to $75 as I am typing lol. Ultimately I'm trying to keep my Bitcoin exposure to ~10% of my portfolio. I plan to keep it this way for next 10 years (unless Bitcoin just goes to 0 lol). For my life goal, I think this is very cost efficient. It's either I work a few more years or I retire 2x of those years earlier.
I took advantage of this in December. I sold FBTC, purchased STRC, received two dividend payments at the end of December and January, and bought right back in to FBTC.
I did this in my perps al IRA about two weeks after they launched FBTC, it’s gone well
FBTC is what I bought, best way ever
Better buy fucking puts. June puts for FBTC $45 are still 60% cheaper now than they were in December.
Totally did this. I rolled over an old 401k to a Fidelity IRA and bought all FBTC/IBIT when Bitcoin was at $104k. 😮
I think he’s saying he would buy IBIT or FBTC in his 401k, not withdraw. But most (all?) 401ks don’t actually allow that. Only works in a Roth IRA (or maybe other types of IRAs, haven’t checked) in the US
Thanks for the input! I would just be mildly adjusting my holdings. Right now I’m in zero/low expense mutual funds (essentially 90% SP500/NASDAQ) and the rest international fund. Was thinking about dropping some SP500/NASDAQ tracking funds to maybe have 10% FBTC (like 0.25% expense fee). The only issue is that if fidelity or the bitcoin get hacked, the fund and investors will lose money.
I just put a boatload of my Roth IRA into FBTC. I know it's not the same as actual bitcoin, but this is the dip everyone will regret not buying (for anyone reading this). 2026 will be the last year BTC will be available for under $100k, MMW but also NFA.
Checking in as someone who invested 25% of my accounts into FBTC and IBIT since the beginning of the year. I plan to sell chunks out of it over a glidepath period of a decade or more as I get closer to retirement but may always hold as much as 25%.
I joined this sub because I recently invested 25% of my IRAs, HSA, and brokerage into IBIT and FBTC. Until late 2025 I barely even thought of Bitcoin. I’m sure I’m not alone.
IBIT with Vanguard and FBTC with Fidelity
Counterpoint: If you find a wife you have more retirement accounts that you can stack ETFs like FBTC or IBIT in
You should have bought FBTC for the margin. Great purchase.
Nice, my new 401k lets me invest in FBTC
I hold FBTC in my Roth. They custody their own Bitcoin. I went mostly all in early 2025 and cashed all principle out near ATH. Kept most profits in FBTC.
The fidelity credit card has a 2% cash back card. The points can be used to buy tickers like FBTC or BTCI.
tldr; Bitcoin ETFs experienced $103.57 million in outflows on January 23, marking the fifth consecutive day of redemptions, with total outflows reaching $1.72 billion since January 16. BlackRock’s IBIT led withdrawals, while Fidelity’s FBTC also saw redemptions. The sustained sell-off has reduced total net assets under management from $124.56 billion to $115.88 billion. Ethereum ETFs also faced outflows, totaling $611 million over four days. The selling pressure has reversed gains from mid-January, impacting institutional investments in cryptocurrency ETFs. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Too much hassle. Just buy FBTC or something and keep it simple if you have extra cash
It's funny to hear someone doing almost the same thing as I am. The only difference is that I intend to sell one-twelfth of my STRC each month and use the yield plus proceeds from the STRC sale to purchase FBTC. I don't think the fluctuation in price will be predictable enough for me to try your idea. I could be wrong though.
I have a friend that's shy about directly owning or putting too much money into any crypto. They recently put a bit into TKNQ and STBQ from amplify (DIVO people). It's a mix of crypto and crypto related equities that they were comfortable with. As for bitcoin they hold a little FBTC.
Spot ETFs like BTC or FBTC are also an option. There is no fee to purchase them, but they do have an expense ratio around 0.15%-0.25%
You can buy a bitcoin ETF like FBTC inside your Roth IRA
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.