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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.
I think so. Many people bought at $120k+, so you are in good shape. I'm not personally buying btc anymore, I buy FBTC. To each their own. But I think you're good.
Interesting thought. You may have access to bitcoin ETF, like FBTC inside your 401k. I have that and use it. But I love this stack sats and cold storage is really nice .
Would’ve been easier to just buy fidelity FBTC with your 401k yeah?
Like I said, I am holding long-term, so it's not an issue for me. I can understand if you do a lot of trading it would make sense to do FBTC.
So what’s your issue? With a regular Roth Ira, you use FBTC, pay less, get the same exposure, AND are able to trade in and out without getting creamed by the spread. The only person the crypto Roth IRA should appeal to is those who simply dca and hodl for a period longer than eight years *for the last trade they’ve done* (or eight years average holding period ofc). That’s just too long a timeframe for me. I’d rather move in and out without getting creamed the “seasons”.
How are you not considering the ETF with the most liquidity… IBIT? It’s got the same fee as FBTC and 4x its AUM. You do realize liquidity affects the bid-ask spread so you think you are saving 10bps on the expense fee but you pay double that EVERY time you buy if the spread is high because of smaller liquidity (less buyers and sellers) Even if you don’t believe in data and objective facts, do you really think Mr Fink is going to risk Blackrock’s reputation as the biggest and most trusted custodian! 😱
FBTC is a Roth IRA. It’s worth the .25% annual fee IMO.
If you want to trade options IBIT is the way to go, if your just going to HODL then FBTC is the way to go.
I had a 401k set up with fidelity before I even knew what BTC was. So once they launched the ETF, I just transferred all the money into FBTC since it’s already locked into the brokerage anyway. People were saying it would be better to take the penalty now and just do spot, but idk id rather just have that account for now. Also ive stopped contributing to it so it’s just there now and we’ll see what it looks like in 2 decades.
I'm 50/50 basically between FBTC and BITB
FBTC holds their own keys...it's a good choice BITB publishes proof of reserves
To withdraw earnings/gains without penalty or taxes, you simply have to wait until you’re 59.5 years old and the account needs to have been open for 5 years. But this is the case with the crypto Roth IRA or FBTC in a regular Roth IRA, so I’m not sure where you’re making a distinction.
One thing thats appealing is that you can buy them (e.g. MSTR) in tax advantaged accounts like Traditional and ROTH IRAs if your broker doesn’t allow access to IBIT, FBTC, etc (looking at you Vanguard).
It's 1% spread to buy and 1% spread to sell on fidelity crypto. It breaks even vs FBTC in 8 years (FBTC is 0.25% expense ratio)
It's 1% spread to buy and 1% spread to sell. It breaks even vs FBTC in 8 years (FBTC is 0.25% expense ratio)
Sure, they're just like any other etf you would invest in. For example, if you use Fidelity, fidelity has a bitcoin etf with a ticker of FBTC. Blackrock has an etf that is available on all of the trading platforms, ticker IBIT. Instead of invest directly into BTC, you would be investing into this ETFs that hold the btc for you. Instead of buying fractional bitcoin (satoshis or sats as they're sometimes called) you would buy shares of any of these ETFs. ARKB & BITB are two more tickers if you'd like to research them all. Here's a link that shows you how IBIT & actual Bitcoin price track [https://portfolioslab.com/tools/stock-comparison/IBIT/BTC-USD](https://portfolioslab.com/tools/stock-comparison/IBIT/BTC-USD)
Just buy FBTC like any other etf
Yes, but way WAY less than that spread. The ideal setup is to have FBTC in your Roth account with them. That way you capture the performance of BTC but have zero capital gains taxes at time of retirement.
I just buy FBTC in my Fidelity Roth IRA. Easy as 1 2 3.
I don't plan on leaving my home but I think it's a good thing anyways. I have Fidelity custodied Bitcoin, IBIT/FBTC, and self-custodied Bitcoin. While I'm confident about self-custody, I do like diversifying where I keep some of my Bitcoin especially if it gets to be in a tax advantaged account.
I believe that. I sold about $25k of FBTC when BTC was at about $83k this past April. I didn't touch any crypto in my wallets. It was just easy to sell the FBTC (in a Roth) and quickly move the funds to tech stocks that had been hit hard. I've since had to slowly buy back the FBTV at higher prices.
I am currently at 70% stocks 30% crypto. In my Roth I have 50% in FBTC and 50% between 2 aggressive stock ETF’s. In my retirement account the don’t currently offer crypto so I’m 80% in aggressive stock mutual fund. 20% in a Dividend mutual fund.
Self custody is the best. If you really have to not own your coins, ETF like FBTC is more secure than Gemini or Kraken. Only hold bitcoins inthe exchanges if you want to trade 24/7.
It probably depends on how hardcore of a crypto nerd he was. And maybe how paranoid he was about security. The lowest level of security, and and easiest to access, would be things like Bitcoin ETF on traditional brokerage accounts. So if he had a investment account at Fidelity or some place like that, and he has any of the symbols IBIT, GBTC, FBTC, etc, then that might be where the value is. But that would be pretty transparent and easily accessible for the estate lawyer to handle. The second lowest level would be keeping funds on a crypto exchange. Binance, Kraken, Coinbase, etc. Almost everyone who deals in crypto has at least one of these accounts because its the easiest way to get funds between crypto and "normal" money. In the past it was very risky to keep funds on an exchange long term due to hacking, regulation, and exchange collapse, but with 2FA and other measures, it's somewhat more acceptable now. The old school and high security way would be to keep your own coins on your own wallets. These are essentially digital bank accounts, that can be accessed through a number of different apps. But you will need a lot more passwords and codes to get to these. it's not just like username and password. It might be a long alphanumeric code, or a series of words that sound like nonsense, or even a text file on the computer that just looks like gibberish. The most secure way would be something like an encrypted hardware wallet. That is something you would need to have physically in your possession (most look like a chunky USB stick) along with whatever authentication means he set up, codes, passwords, phrases, (could even be biometric), in order to access the coins. I would go down this list from easiest to hardest. If you don't find any evidence of the easier ones, then move to the harder ones. In most cases the good thing about crypto is there isn't any ticking clock, other than people throwing away his records where he might have written down the passwords. The valuable coins generally become more valuable over time, and if the security is hard for you to get through, then it would be 10x harder for anyone else to do the same and steal anything. Good luck
Grats! Welcome friend. One thing to keep in mind. I don’t believe you can actually remove your bitcoin from Fidelity, I think it stays in your account. I had the same situation with my IRA / 401k rollover and chose to go the FBTC route. I don’t think either way is right or wrong, but just wanted to make sure you were aware. Like the other asshole in the comment mentioned… don’t sell your Bitcoin for a loss if things get shaky. Stay strong, that money likely can’t be touched for a while anyway, so relax and ride the wave (that’s what I tell myself to prevent freaking out 😎🌊)
100% FBTC in my TFSA to minimize taxes
tldr; Bitcoin ETFs have experienced six consecutive days of outflows, totaling over $2.05 billion, with BlackRock's IBIT leading the withdrawals. Bitcoin's price has recovered to $103,000 after dipping below $99,000 but faces resistance at $106,000 and weak market sentiment. Despite some inflows from other ETFs like Fidelity's FBTC and Ark & 21Shares' ARKB, the overall trend remains negative. The market remains cautious, with Bitcoin likely to trade between $99,000 and $106,000 until a clear direction emerges. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It depends. Do you know how to use cold storage? I would keep it in the ETF unless you are withdrawing real bitcoin to your own cold storage wallet. ETF is better than exchange in my opinion. I like FBTC they self custody. Fees can be cheaper with the ETF too initially.
I'm new to it too and moved my IRA into FBTC when the price was around 120k. I've also been DCAing $150 a week into a cold wallet (about 2k invested so far). I also threw 5k into altcoins last week, right before the larger selloff began. I'm down like 15% so far, but I don't care. The way I look at it is although it's volatile, it's also very cyclical so I am pretty certain it will come back much stronger over time. It's also a small part of my portfolio. So yeah...I picked a bad entry point but if I'm in it long term, who cares? I don't think Bitcoin is going anywhere anytime soon and believe it has a future. TLDR - Just ride it out, DCA and hold.
I've seen some chatter that because spot Bitcoin ETFs like FBTC are treated as property, the wash sale rule might not kick in, though tax stuff is always a bit murky. Always interesting to watch how things evolve.
Just moved my IRA in fidelity from all stocks to all FBTC. Volatility makes me feel all funny in my nether regions…
Yup, BTC of course. I suppose I forgot to mention that because investing in alts never crosses my mind. I prefer to keep it simple and safe with BTC. I even max out my 401k Roth and separate Roth on 100% IBIT and FBTC.
What do you guys think about buying Bitcoin ETFs, such as FBTC?
I have half of my bitcoins in FBTC Fidelity ETF
You can buy FBTC through your Fidelity Roth IRA if you want an ETF that tracks Bitcoin. It’s not actual coin ownership, so it may not be what you’re looking for depending on your view of Bitcoin.
I have FBTC in my TFSA and RRSP Also self custody about the same amount.
I have FBTC in my registered accounts.
FBTC is Fidelity’s bitcoin ETF. They hold it in cold storage - as in not on an exchange which represents added risk.
Depends on what danger you are talking about. ETFs are much safer against $5 wrench attacks - as safe as any other financial asset. Plus risks of securely storing your keys / passphrase etc. Of course they are not safe from the tyranny of the government. Plus they may get hacked - but this can be mitigated by diversifying across multiple ETFs: FBTC, GBTC, IBIT, ARKB, etc.
I converted my & my wife's Roth IRAs to 100% FBTC each, along with 30% of each of our Rollover IRAs.
VTI will give you steady consistent results, I wouldn't sell it all. Maybe I'll do 70% VTI and 30% FBTC \* not financial advice
I have mine split between FBTC and BITB FBTC is nice because they custody themselves BITB is nice because they publish proof of reserves
I have heard that Fidelity Crytpo is going to allow transfer to private custody in a cold wallet, soon (if they haven’t already). This is different than their FBTC ETF. Check into that if you want your bitcoin in a tax advantaged account. Otherwise just buy spot Bitcoin with post tax funds on River or Strike and transfer to cold storage (avoid the sh¡tcoin casino that is Coinbase). That’s what I do while also buying stocks in my 401K.
Fidelity is an ok option. I do agree with ETF take. Assuming you are buying Bitcoin to hold decades out until retirement it’s much more cost effective over the long run to eat the 1% spread Fidelity charges through their Crypto IRA than roughly the 0.25% annual fee that IBIT or FBTC would charge especially if you think the price appreciation is going to be significant.
Post is by: Worried-Medicine8713 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/BitcoinBeginners/comments/1of5cc3/breaking_crypto_news/ Bitcoin ETF Inflows Hit $2.1B in Single Week as Institutional FOMO Returns TL;DR: Spot Bitcoin ETFs just recorded their strongest weekly inflows since launch, with BlackRock’s IBIT leading the charge. Meanwhile, on-chain metrics suggest we’re entering a supply squeeze that could rival 2020’s pre-halving dynamics. The Numbers Don’t Lie This week’s ETF data is absolutely bonkers. We’re seeing: • $2.1 billion in net inflows across all spot Bitcoin ETFs • BlackRock’s IBIT alone absorbed $1.3B (that’s more than most altcoins’ entire market cap) • Fidelity’s FBTC added another $520M • Even the Grayscale GBTC hemorrhaging has finally stopped For context, the last time we saw institutional appetite like this was during the initial ETF approval euphoria in January. But this time feels different. Why This Time Actually IS Different 1. The Supply Shock is Real Exchange balances just hit a 6-year low. Combined with ETF buying that can’t be satisfied by paper Bitcoin, we’re looking at a genuine supply crunch. When you factor in: • 1.8M BTC lost forever • Long-term holders refusing to sell • Institutional custody removing coins from circulation You get a scenario where even modest demand creates outsized price impacts. 2. The Macro Picture is Shifting Fed policy uncertainty usually crushes risk assets, but Bitcoin is increasingly behaving like a macro hedge rather than a tech stock. This week’s inflows came despite rising bond yields and a stronger dollar—traditionally bearish conditions for crypto. 3. Corporate Treasuries Are Joining the Party It’s not just ETFs. We’re seeing a wave of companies adding Bitcoin to their balance sheets: • MicroStrategy (obviously) just bought another 7,420 BTC • Two mid-cap companies announced Bitcoin treasury strategies this week • Corporate FOMO is becoming a real narrative again The Bear Case (Because We’re Not All Moonbois Here) Let’s be real—this could also be: • Late-cycle euphoria before a correction • A short squeeze that fades quickly • Institutions front-running Q4 before year-end redemptions The RSI is cooked, funding rates are elevated, and we’re overdue for a healthy pullback. But zooming out, the structural demand thesis is stronger than ever. What This Means for You If you’re already in: This isn’t the top, but taking some profits into strength is never wrong. Consider DCA-ing out small portions if you’re overexposed. If you’re on the sidelines: Waiting for a dip to $50K might mean you’re waiting forever. Time in the market > timing the market, but don’t ape in at local tops. If you’re a degen: For the love of Satoshi, please don’t leverage long here. Yes, the momentum looks incredible, but one liquidation cascade and you’re rekt. The Bigger Picture We’re witnessing Bitcoin’s transition from a speculative tech asset to a legitimate institutional asset class happening in real-time. Whether we hit $100K this cycle or not, the infrastructure and institutional adoption happening now is laying groundwork for the next decade. The ETF flows aren’t just numbers on a screen—they represent a fundamental shift in how traditional finance views Bitcoin. And once that Pandora’s box is open, there’s no closing it. What do you think—are we early to the next leg up, or is this the blow-off top before a brutal correction? Drop your takes below. Disclaimer: This is not financial advice. I’m literally just some person on the internet. DYOR and never invest more than you can afford to lose. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
SPIC ensures the ticker FBTC stays alive even if fidelity goes out or god forbid loses all crypto to a hack. it doesnt ensures the ETF maintains its value. so you can take your worthless FBTC/IBIT certs and trade on schwab or whatever. that said their security (physical & opsec) would likely be way better than a joe-six-packs anyday.
FBTC is an ETP. If you think FBTC takes 35 days to settle then show me proof of that. If you think that Fidelity only has to hold 5% of the customer BTC then show me proof of that.
You do you. I just sold a huge portion of my FBTC and I’ll buy it back at $70,000 or $80,000k. (Basing my prediction off the past 2 cycles that I’ve been a part of) It’s basically free for me to trade it in my Roth IRA and I don’t take any capital gains penalties. I HODL the majority of my stash in Cold Storage too.
FBTC. Fidelity custodies their own bitcoin.
I’m actually in the red for the year on FBTC now. Largely because I DCA’d into into that etf all year long. Just dropped into the red today. And don’t care. I’m DCA again on Friday.
For sure on BTC (ETF) I am split 65/35 FBTC/FETH. I have been considering just adding to the BTC but I have been getting bored. Lol. The investor's worst thing to be is bored.
I know a few ppl who buy IBIT and FBTC.
Like kind in some cases with the BTC ETFs would mean that even though you contributed cash to the ETF, you may be able to withdraw BTC from a BTC based ETF. As an example, I hold some FBTC in a rollover IRA. In theory, if approved, at a point down the road I may be able to withdraw actual BTC. This has not been approved yet as far as I know, but Fidelity has submitted the request to be approved. You are correct about the 59.5 age, although in some cases you can as early as 55. I’d talk to a professional advisor before taking any of these actions. FYI - I am in my 50’s so I don’t have that long to wait to have the ability to withdraw. It may be a deal breaker for you if you have a much longer time you have to wait. Everyone has different circumstances.
Not true with $FBTC, custody storage by Fidelity 🇺🇸
My ETFs are insured. Is the bitcoin in your hardware wallet insured? No way I would trust myself with a hardware wallet. Also do you enjoy paying capitol gains Tax?. My ETFs are tax free growth in my TFSA. Think I will Keep Buying FBTC.
I hear ya brother but it's not worth taking money out of a Roth IRA. Buy FBTC within your Roth IRA and then work on buying Bitcoin with any new fiat you earn. Move it to cold storage. That's what I do
So I have QQQ which I bought which I’m selling for more FBTC but at the same time I want to actually own the bitcoin if that makes sense
I hold some FBTC in a Roth IRA with Fidelity because they have applied to allow in kind exchanges. So in theory, once approved, I might be able to withdraw BTC down the road. Not sure if it will pan out that way, but using a Roth, I could pull it tax free and acquire BTC directly if necessary.
I have both. FBTC in my Roth IRA, still purchase small amounts of BTC on Strike too
This is a great case for owning FBTC, I cant be scammed out of it
I moved my entire 401k into FBTC , if the money is already on the brokerage than why not. Any new money should be cold storage bitcoin imo
It’s confusing, FBTC performance on Yahoo finance is 13.83% YTD
I prefer FBTC but IBIT is fine.
Totally agree — the exposure you get from something like IBIT is miles ahead of holding zero Bitcoin at all. That said, I’m a little biased toward **FBTC** since Fidelity has actually *mined Bitcoin* before and doesn’t rely on Coinbase as a custodian. There’s a deeper level of understanding and commitment to Bitcoin’s ethos there that I respect. But really, at the end of the day, whether it’s IBIT, FBTC, or even a small DCA into self-custody, the most important move is to **get off zero**. Bitcoin exposure in any form is better than sitting on the sidelines.
Totally fair take. The Bitcoin ETFs like **IBIT**, **FBTC**, and **ARKB** have been performing incredibly well since launch — IBIT alone crossed over **$20 billion in assets under management** faster than any ETF in history! If you zoom out, Bitcoin has still outperformed nearly every major index and asset class since inception, even accounting for massive drawdowns. The ETFs just make that exposure accessible for traditional investors who’d rather use a brokerage account than deal with custody themselves. That said, IBIT is great for convenience and exposure, but owning *actual Bitcoin* in self-custody still gives you the real upside: permissionless access, global portability, and true financial sovereignty. So yeah, IBIT’s a solid “gateway” investment — but the endgame is always stacking and holding the real thing.
Sure, only thing is that FBTC gets expensive after you hold 100k+ of it. If & when BTC reaches over 1 million thats $2500 a year for just holding the ETF
fidelity has an bticoin ETF, symbol: FBTC... it's kind of like having custodial access, but really easy to buy and sell at any time. i hold it in a tax advantaged brokerage account, and it's basically a tax free way for me to take BTC gains at any time
tldr; Bitcoin and Ethereum ETFs experienced a net inflow of $340 million by October 14, partially offsetting a $755 million outflow earlier in the week. Fidelity's FBTC and FETH led the inflows, with $132.67 million and $154.62 million, respectively. Other funds like Ark & 21Shares and Bitwise also saw positive flows, while BlackRock’s IBIT and Valkyrie’s BRRR faced outflows. Market recovery remains cautious amid geopolitical tensions and volatility, with Bitcoin and Ethereum prices showing modest gains. The recovery in ETF inflows is seen as temporary amidst ongoing market uncertainties. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yeah, what I don’t get is that people can buy 1 BTC worth of FBTC tax deferred and let it grow for 10-20 years, they will pay fees, but when they hit retirement age, they can sell and buy a full BTC and store it in their wallet and have their “keys”. For people in the US this works best with buying FBTC using a Roth IRA so you can actually have a whole coin worth of funds when you sell. But either way, if someone holds $110k worth of FBTC now, they’re doing well and will be fine in the future. Also, the real trick is buying it in your HSA so it grows tax free and you can spend it on healthcare in the future since we’ll never get that paid for by govt and it’s getting more expensive. Different buckets for different uses, diversify and think long term.