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Probably more than that. I own over a whole coin worth of IBIT and FBTC in my Roth IRA.
The only guarantee we have currently is inflation, taxes and risk. That means you don't hold USD in simple savings or a checking account. That's the only sure answer of where not to go. Where TO go though is all up for debate and the case can be made for multiple assets. All I can say for sure is not USD, so I diversify into everything else to give me some reassurance. My investment portfolio is made up of a 401k with generous matching program allocated to mostly large cap index funds. Domestic, large and mid cap, emerging market's and international indices. Then I contribute to a Roth IRA. Within are S&P based ETF's, some individual equities, IBIT and FBTC as my picks for BTC ETF's. Then I hold 2 brokerage accounts and trade options some, but mostly buy and hold various individual stocks that are spread throughout multiple sectors. I hold real estate, both a primary home and secondary. I inherited and kept mineral rights where I collect natural gas royalties. I have an HYSA so save against inflation or at least to pace it and have a savings I can fall back on I hold Bitcoin of course. I held onto but don't allocate anymore into some ethereum I bought years ago. Then I have some physical assets, like some precious metals, jewelry, a worthwhile valuable coin collection, a couple vintage guitars, some antiques. Last but not least my wife and I have invested into our education and ourselves as far as our careers. We make decent money at our day jobs to the point where I only work part-time 2 days a week now and could make more if I wanted. Like I said everything, I'm diversified into just about everything I can be in. That's what helps me sleep at night
If you aren't sure you want to hold it until nearly the time you die, if not longer by your heir(s), you can also consider IBIT or FBTC tickers on wall street. That's where most casually interested players are best served participating in the BTC game.
I'm going to give my 2 cents and a lot of people will disagree with me. Holding your bitcoin offchain is risky. The problem with this is that eventually when you want to sell, you are going to pretty much have to sell through an exchange...and you won't have a strong customer relationship. You can wind up having your bitcoin or funds held for an indefinite period of time. This has happened to many. Owning bitcoin thru FBTC or another fund eliminates the issue. Sure...you own shares and not the underlying bitcoin. But it eliminates so many other issues. And if you can't trust Fidelity who exactly can you trust?
I do have some FBTC in a Roth
I do have some FBTC in a Roth
If you want to invest in Bitcoin but don't want to go the Coinbase route, consider buying a bitcoin ETF, like IBIT or FBTC. Just another option for people who want the potential of Bitcoin. I have Bitcoin, FBTC IBIT MSTR etc. You decide.
Thank you! May I suggest something for you? Since you have 4 years before you retire, do this, if you haven't already thought about it. Max your Roth 401k. Of course, check for income limitations. You can contribute up to $8000 since you're 50 and over. Contribute to your 401k but only enough to take advantage of your employer's matching. Add to your brokerage account. After taking care of your family budget and maintaining your emergency fund, you can buy more Bitcoin. Or you can buy Bitcoin proxies in your brokerage account. IBIT FBTC MSTR etc. Just thought this may help you. Good luck!
I'm pretty heavily invested in FBTC in my Roth, as well as my traditional IRA.
From what I read in your past, you need to learn more about Bitcoin. I don't claim to know everything about Bitcoin but it's a large part of my portfolio. I also have MSTR, IBIT FBTC, and Bitcoin miners. I will sell those before I sell Bitcoin, if ever.
Not a fan of blackrocks methods but I do love that FBTC’s and like to think we have blackrock to thank for their participation in the ETF sector. A roth 401k can easily be exposed to btc and allow the holder to avoid moving cold storage funds with zero tax implications after 5 years and below initial principal.
What would be the rules around harvesting with two ETFs, eg IBIT and FBTC? Too similar? I think you can do it with two different S&P 500 etfs, but not sure about the legal limits there.
I use Fidelity for the FBTC ETF. I would not trust anyone with my keys.
Yep. Buy MSTR. Buy shares of an operating company that holds half a million bitcoin that in the future they will be able to do stuff with, instead of buying an overnight deposit IOU that says you "own" bitcoin. (IBIT/FBTC)
If you want to trust Fidelity then just buy FBTC instead of on-chain bitcoin that way you have protection of the tradfi systems.
I invested in FBTC in my Roth as well, and also in my traditional IRA.
I have IBIT (Blackrock) an also FBTC (Fidelity) IBIT is just a brand name I would trust over most others, and FBTC actually holds their own keys. Fidelity is ahead of he curve IMO for self custodying it themselves. Cheers
If you are in the U.S., you’ll need a parent to open a custodial brokerage account for you. When you turn 18, you will convert it into a cash account in your name and your assets will be transferred. You can open these custodial account with most of the major brokerages. Fidelity, Charles Schwab and E*Trade are all low-cost and routinely handle these conversions. I’m sure that other brokerages do as well but I’m most familiar with the three listed above. Since you are new to crypto, you may want to purchase a bitcoin ETF (e.g. IBIT, FBTC, BTCO, etc.) first. This will give you an exposure to bitcoin without the issues surrounding custody. In the interim, learn about bitcoin and other cryptos. Financial planner Ric Edelman wrote a book for beginners in 2023 that isn’t too out of date. Start with that, find some reputable crypto YouTube channels (e.g. Digital Asset News, InvestAnswers, Anthony Pompliano’s channel, etc.) and subscribe. Learn about proof-of-work vs proof-of-stake, crypto cycles, fiat money, M2 (money supply), self-custody, and hot wallets vs cold wallets. Give yourself a year of study before you start buying cryptos themselves. Take your time, there is a lot to absorb … and none of it is intuitive. Remember, there are no shortcuts but you have an awesome headstart over your peers. Good luck.
It is beneficial in a retirement account because of the tax benefits. There is nothing wrong with it. I own bitcoin and also invested in FBTC in a Roth IRA. This like a normal investment in the stock market.
FBTC which I hold in my retirement account is referred to as an ETF BY FIDELITY. Go read about FTX and paper bitcoin. I’m not sure if you don’t understand the concept or you just have not heard of it. I’ll give you an example you will relate to, you go buy 10 identical banana hammocks at Target. I’m sure you are in fly over country so let’s say Topeka. You only need two now and have no place to store the rest in your trailer. So you leave the other 8 at the store to pick up when the thong rips. Your 8 thongs are put back on the rack, your buddy needs 4 hammocks. He buys those and is on his way. The store has collected sales on 14 units but only 6 have left the store. The next shipment comes next week. What happens when you throw a party and come to collect your 8 hammocks but only 6 remain? That’s paper bitcoin. If you want to get in a pissing contest, we can higher a 3rd party fiduciary to determine who holds more bitcoin and who has a bigger Richard. I’ll split the cost with you. Private school then Cornell, Topeka state is a great fit for you bud. Everyone is very proud.
Obviously holding Bitcoin in self custody is the best solution but the ETF’s have value for moving funds from a retirement portfolio into IBIT or FBTC without triggering a taxable event.
IBIT stores their coins on coinbase/with a third party. A lot of people don’t trust this due to being burned in the past. Look into FBTC, as they actually hold their own coins.
Fidelity and every other name brand brokerage on the planet have entire marketing, risk assessment, & legal teams devoted to considering every possibility in regards to government intervention and other risks before spending millions to launch a brand new product, regulated by the SEC, and putting their brand name on the line with it (FBTC, IBIT, etc.). It’ll be fine. This Bitcoin cold storage worship/gatekeeping/elitism is extremely stupid and next time you find yourself engaging in it you should stop before you allow this notion that you’re some form of Bitcoin cowboy because you cold store to creep into your brain. 🙄 Nobody cares; I’ll take my FBTC and reap the benefits & convenience of holding a position in Bitcoin without custodying it myself. Mostly because I understand that in this doomsday scenario that y’all love to consider, where FIAT loses its value entirely and the world adopts Bittcoin as primary currency, we’ll ALL have a hell of a lot more to worry about than whether we self-custody. If the dollar truly falls to Bitcoin (it won’t for the foreseeable future, certainly not in my lifetime), the world economy will have colllaosed entirely and we will be in a blackout situation, not worried about the government trying to seize my assets and prosecute me for a anti-gold hoarding act last used to charge someone in 1935.
I have bitcoin in a cold wallet as well as FBTC in a roth IRA account. Bitcoin ETFs are just like any regular stock investment, so there is nothing wrong with it.
Buy MSTR instead. Buy shares of an operating company that holds half a million bitcoin that in the future they will be able to do stuff with, instead of buying an overnight deposit IOU that says you "own" bitcoin. (IBIT/FBTC)
Why pay taxes and the penalty? I'd buy IBIT or FBTC inside the IRA.
So I hold a few thousand shares of FBTC that would equal a couple coins. Would I be counted? There’s really no way to know.
I've been mostly in BTC with about 15% in stocks, but since this the start of the current administration I don't see stocks as safe so I sold all of them (except MSTR) and put it in FBTC. So at this point aside from my 401k I'm all in on BTC. I don't like the idea of putting all my eggs in one basket but in this case it really does feel like the safer move.
Honestly, for a guy like you, and the various Bitcoin ETFs are in fact what you need. (HODL, FBTC, etc etc.) You buy them on a regulated stock trading platform. The issuer of the ETFs probably has to be insured or have taken steps to prevent loss via hacking/theft. You can spread out the risk amongst different ETFs, for example HODL, FBTC, and IBIT all use different costodians for the Bitcoin they acquire to back there ETF. This means that even if all of your "shares" are on a single training platform, like Fidelity or Charles Schwab, you can still spread out the risk because the actual Bitcoin that backs your shares is in different places YES ... It's not your keys so not your Bitcoin BUT let's be real. This is the option for people who are paranoid about self custody and loosing their own keys. Even the "Plan B" guy on X and YouTube announced a month or two ago that he sold all his Bitcoin and moved all that capital over to the the ETFs. He took a lot of heat from the hard core self custody faction of the community, but he made the choice that he thought was best for him.
Does your employer sponsored 401K allow FBTC within their plan? Or did you have to open & transfer to another account within Fidelity to do this? Tax implications for removing from the 401K to the other account? Researching this now myself…
outside my 401k I had 5 figures in stocks up until January. I sold it all and put it in FBTC and MSTR because of the chaos this administration is causing.
Investments are 10% btc 90 % Roth IRA — FDEWX/FBTC (90/10)
70% Nasdaq 100 and S&P 500, 10% Gold ETFs and 20% Bitcoin ETFs (FBTC and IBIT). All invested in tax advantaged Roth $401k and Roth IRA. Most would consider this to be very aggressive. A lot of people on here have no concept of risk and are all in on bitcoin. It might very well pay off... it also might not.
Same, although I did transfer a part of my 401k to Fidelity FBTC. All new contributions go to stocks (through my employer).
How do you move FBTC to cold storage? Anyway, a taxable event occurs when you convert Bitcoin or swap Bitcoin for another coin.
Honestly if she simply must buy Bitcoin ... tell her to buy an ETF like HODL, FBTC, or any of the others. Don't have her messing around with actual Bitcoin, keys or exchanges. This is NOT what I would tell a younger person who is doing their research and not listening to an "astrologer". To be honest, because we all know Bitcoin will go up in the long term and we all suspect it could still go up in the short term this psycle it sounds like thelis person is using this common knowledge to make themselves appear more magically prescient to continue to draw gulable people in and boost their fake psychic credentials. I'd be worried.
Sounds like an ETF situation. FBTC is pretty cool,
Below is the same advice I'm giving my own mom. I would say she can "start" getting exposure to Bitcoin via ETFs like $IBIT or $FBTC. She'll have the reassurance that huge asset managers like Blackrock or Fidelity are backing it up and it'll be very easy to get that exposure. She can then ramp up her exposure to ETF based Bitcoin as she feels more comfortable with the risk. I think the #1 issue is "knowing what you own", don't stress or get shaken out by volatility, and consider this as a truly long term hold. In the meantime, she can do research and learn self custody and all the benefits, risks, and responsibilities there. Then depending on her comfort level, either keep holding those ETFS, or then start taking self custody starting small and ramping up as she feels more comfortable.
As soon as you sell it and there is a profit, that's taxable. FBTC and BTC are separate assets. Your first sale of FBTC is taxable. The wallet transfers are not taxable. Selling the BTC on Venmo is taxable on the new basis of BTC you purchased. Purely anecdotal. I sold a small amount of BTC (\~$723 worth) to cash on Venmo in the fall. I transferred the cash to my bank and paid a bill. There was a CSV on my account for the in/outs, but no 1099. Exchanges don't report a 1099 unless you have >$600 gain.
Sorry, that part was probably unnecessary details. I had money on FBTC in a Roth, but sold and withdrew a part of that(contributions only so no tax implications). I then used those funds to buy BTC from venmo and then moved to cold storage.. Now thinking about moving out of it slightly to diversify my investments. Might just HODL...
If you sold FBTC and bought BTC that was already a taxable event.
Probably not the answer you are looking for but I do this with Robinhood by holding FBTC. It unlocks margin.
You are right that you have exposure to 1 BTC. But to be a whole coiner, you must at least own 1 Bitcoin. You can have .3 BTC in Coinbase, .5 in a cold wallet, and .2 in another wallet. Then you're a whole coiner. I have shares in MSTR FBTC IBIT GBTC(long story), etc. But I would categorize them as Bitcoin proxies. But I am a whole coiner because I do own at least 1 Bitcoin. Hope that helps.
I’m not deep money into BTC, but I am accumulating FBTC etf. I like that I have a way to invest into crypto without having as much of a mechanical understanding of how it works, because I’m still pretty lost.
I exchange some of my 401k funds to my brokerage link account to do the same thing. A mix of MSTR and FBTC. Fuck it.
If your 401k is with Fidelity, your plan may allow you to set up BrokerageLink, which then allows you to put 401k funds into anything on Fidelity including FBTC or IBIT.
I did this with one of my 401k accounts, rolled it over to fidelity and bought FBTC with it!
I've never had an employer 401k plan that had individual options for any ETFs like VOO etc, nonetheless Bitcoin ETF'S. They're mostly made up of index and mutual funds and I know my current employer doesn't have this as an option on ours or that's exactly what I would do. Easier said than done though and I highly doubt OP's does either. My Roth on the other hand I do have that option and do buy into IBIT and FBTC but it's not an employee sponsored plan
IBIT has lower expense ratio than FBTC.
If you think about why they buy and sell -- there are two components. The number of outstanding shares of FBTC (e.g. demand of FBTC) that is irrespective of price -- people can buy and sell FBTC all day even if BTC doesn't move an inch. And then there is the component of the value of those shares that are a component of both number of issued shares and the underlying BTC/cash holdings. FBTC's prospectus is to match the performance of their proprietary average BTC price index -- basically a composite index of prices across multiple exchanges. To match that price, they have to buy and sell BTC as well as manage the formation or redemption of FBTC shares. As another poster mentioned, these are done in baskets (of 25,000 shares). Again the aim is match BTC performance. FBTC does self custody which is different than most other ETFs (GBTC used to self custody but now uses Coinbase Custody). They own approximately 195,888 BTC as of yesterday. In many ways it is cheaper to buy via a low cost ETF and avoid Exchange or DeFi fees which can be substantial. Transactional use of BTC is on a decline (with speculative use well up) so investing via an ETF is a good way to go
I just got an email today. apparently fidelity just opened up a crypto Roth IRA option. Maybe look into that?? or go traditional Roth IRA and buy FBTC or IBIT.
They are not structured like that. They hold some 7000 and issued X amount of shares. There's a NAV that is the price of those 7000 bitcoin divided by the number of shares issued. FBTC does not buy and sell shares like some of the other more famous and notable types.
They will follow what the ETF holders do. If there are net purchases, they will buy more bitcoin. Likewise, if people are selling FBTC, the underlying bitcoin will be sold. A minimum basket size is required before bitcoin is purchased or sold.
Yeah, from a practical and $ perspective, this is probably the best counter-argument for OP, imo. FBTC (any every btc etf) charge fee (ie expense ratio), so holding actual btc will grow to be worth more $.
Bitcoin was partly created in response to things perpetuated by securities such as FBTC. It was a response to the 2008 financial crisis which saw overleverage of derivatives and opaque systems. FBTC ect can be used in much the same way traditional stocks/ETFs are used to rehypothecate shares and trade derivatives of the underlying. You may not be a bitcoin maximalist or care about the technology, and I and all of us should welcome you anyway, but know the systemic abuse is not possible if everything is done on chain. There is no double spending Bitcoin. ETFs allow borrowing of "shares" at more than 100% of the underlying, IMO this leads to systemic risk.
Correct. FYI Bitcoin was partly created for exactly this reason. It was a response to the 2008 financial crisis which saw overleverage of derivatives. FBTC ect can be used in much the same way traditional stocks/ETFs are used to rehypothecate shares and trade derivatives of the underlying. You may not be a bitcoin maximalist or care about the technology, and I and all of us should welcome you anyway, but know the systemic abuse is not possible if everything is done on chain.
No, but again it is not the real thing. You're buying paper certificates representing BTC. If you are just trying to get exposure to BTC price action in your retirement account then sure FBTC makes sense, but after studying bitcoin I've realized that I would rather hold the real thing myself.
Yes absolutely. FBTC is like buying paper certificates redeemable for gold BTC on exchange is buying gold bars and having them in someone else's vault far away Self custody BTC in a hardware wallet is holding those gold bars yourself
If you're not both technically savvy and responsible, I would advise anyone to just buy the ETFs like IBIT or FBTC. Self-custody is not for everyone.
This is great! My roth is already a full port into FBTC. Over 35 years (when I retire), this saves almost 10% of gains on ETF expense ratios
You could aslo: 1. Take out a 401k loan and put that money into an IRA, and then into FBTC or IBIT. Basically front loads your contributions (over what you put in for the match) into Bitcoin instead of VIIX. So if you normally contribute 15% but they only match on 6%. THen take a loan out where the payment would be equal to 9% 2. Or, quit your job, rollover the 401k into your IRAs and then put that into FBT or IBIT.
Id try to max out your roth. Buy FBTC or IBIT or one of the other bitcoin etfs. Its tax free gains. Any amount over that Id buy real bitcoin with
You can buy bitcoin through your Roth via ETF such as FBTC.
Who says I didn’t? I can’t buy bitcoin but I can buy FBTC and MSTR in a tax advantaged account. And then who says I didn’t create a new subreddit specifically about retiring on bitcoin and posting questions or advice on this topic? r/bitcoinFIRE
pulled the trigger earlier this year to move from FBTC to unchained... and fate allowed me to make a few sats on the rebuy timing
Anyone here do IBIT, FBTC, or other ETFs? I don’t trust myself with cold storage. Also don’t want to be a target for violence.
I had an established 401k prior to bitcoin's existence and today it's worth well into 6 figures and there's an early withdrawal penalty if I remove it prior to 59 1/2 yrs old of 10% plus I'd be taxed another 20% so $30k for every $100k I have. It's simply a lot of money to forfeit to convert over. My Roth IRA has also been established since before Bitcoin, has less than my 401k but still a good bit. It's all tax free if I just hold it till retirement. I also have incorporated buying FBTC and IBIT within it as well 401k matching for me is now 50% up to 100% of my salary only capped by IRS contribution limits. That means an instant 50% return on $23,500 per year. This account for me last year had a 18.2% return. The matching however means that valuation on my contributions appreciated 68.2% for the year which isn't bad by any means and no matter what the market does my 50% matching is steady. I'd be turning away $11,750 of free money a year by not contributing So I still buy Bitcoin, but I also continue to find my traditional portfolio
They’re great. They’re all bitcoiners so it feels like they’re looking out for you when you call them. I had FBTC but the management fee grows as you acquire more FBTC. Unchained is $250/yr. FBTC fees were costing me a lot more. I made the switch because real BTC might not be available for purchase at any price by the time I retire. Sure you have price exposure with FBTC, but by the time you liquidate it, the BTC Fidelity held will likely be snatched up quick in the future. I had to liquidate my FBTC, have Fortis bank request the funds via a IRA transfer, then settle so I could buy BTC in my Roth at Unchained’s OTC desk. The whole process took about 4 working days which feels like an eternity. Worth it though. Thinking about using them for my non IRA BTC so I can take advantage of the multisig vaults. Have to call them to see if the $250/yr is just for the Roth IRA or if it also includes use of a normal vault. Think it might.
Interesting. Why the IBIT / FBTC split?
Load up on LEAPs of MSTR. Wait for peaks around the times MSTR issues new convertibles and then sell calls 2x OTM against my LEAPs on the way down while IV is 200%. Sub-$270 was a hard green light to reload on LEAPs. All profits end up in LEAPs of IBIT or shares of FBTC though. I keep the MSTR around 20%-30% of my IRAs.
Hopefully you are pair-trading MSTR with either IBIT or FBTC!
100% of my IRAs are in FBTC, IBIT calls, and MSTR
I moved mine to MSTR and FBTC last year as soon as FBTC was available. Easy call. I might have a retirement after all.
I do. All of my Roth IRA contributions go into a split between FBTC and IBIT. My 401k is 100% in VIIIX, can't pass up a nice company match.
This is what bear markets feel like. All news is bad news even if it is objectively good. There is no up, there is only (1) boring or (2) dumping. There are a lot of players unloading old bitcoin from years ago, and a lot of new players selling Bitcoin to cover margin calls elsewhere. There is very little liquidity to buy Bitcoin right now. That being said, the bear market will flip just as it has before. Then all news is good news even when it is objectively terrible. Yes you are being gaslit. If the journey is too bumpy then close the browsers and wait it out. For myself I bought a bunch of MSTY. I don't know what the market is going to do but I'm pretty sure it's going to spend a lot more time being volatile than actually doing anything interesting. I also moved my 401k to FBTC and MSTR because in 20 years when I retire ... Well... I'll actually have a retirement.
I do both. Roth is limited to $7k anyways. I'm done funding that by early summer each year and then I buy actual Bitcoin exclusively afterwards. My Roth isn't solely made up of BTC ETF's but FBTC and IBIT has a large allocation to it within my Roth
Just buy Bitcoin or Bitcoin ETFs like $FBTC.
I purchase IBIT and FBTC regularly on Fidelity
Yes FBTC is very nice. It lets you have direct exposure to BTC without a wallet.
There's always FBTC I have some of my retirement in it.
Getting exposure to bitcoin through FBTC/IBIT is completely fine, especially if you’re in it for the long run. It’s much more convenient and “laws be changing” ab crypto trading as well. At the end of the day it won’t make any difference at least during my life
Explain. Something like FBTC is very closely tracking BTC price movement.
FBTC and IBIT on Fidelity, BTC on Kraken
Stocks too because I have access to a 401k with pretty generous matching and then a Roth IRA which gives me a tax advantage. I've been buying a lot of Bitcoin though too. Then I buy Bitcoin spot ETFs in my Roth, IBIT and FBTC but not exclusively too along with stocks. I've held these stock portfolios before Bitcoin existed and selling out of any stock positions to buy Bitcoin would come with a heavy tax burden plus pulling out of my retirement accounts will have early withdrawal penalties on top of taxes. I just allocate more monthly into buying Bitcoin over stocks in my brokerage once I fund my retirement accounts for now
No, I'm staying put because I have access to a 401k with pretty generous matching and then a Roth IRA which gives me a tax advantage. Last I calculated was a couple months ago and I had around 19.7% of net worth tied up into Bitcoin. The rest is stocks and real estate. If I could access Bitcoin in my 401k that would change things but I can't. I buy the ETFs in my Roth, IBIT and FBTC but not exclusively. I'm definitely not selling out of any stock positions to buy Bitcoin though because of the tax burden that it'll cost me and pulling out of my retirement accounts will have early withdrawal penalties on top of taxes. I just allocate more monthly into buying Bitcoin over stocks in my brokerage once I fund my retirement accounts
I have moved all my stock holdings across my Roth, 401k and HSA into FBTC, IBIT, MSTR, and IBIT calls. I have private equity on the side and my wife’s 401k and Roth are mostly in traditional equities. I’m like 85% btc but combined we are weighted at 65% btc and btc related equities. I didn’t do it all at once though. Started with a small amount of GBTC and MSTR back in the day around 2021.
It’s good to diversify. No matter how much conviction you have ultimately nobody can predict the future. I hold VT and FBTC at around 70/30. May add some GLD as well.
Yes, but in the US it's called a Roth IRA being the most equivalent anyways. I buy IBIT and FBTC through mine bi-weekly. I'll do that until I max it out then switch to accumulating actual Bitcoin
Yes im doing this with my IRA because i can’t touch that money anyway without a tax penalty, and i cant buy bitcoin directly inside of it. As for a fund, I think FBTC is better because they self custody their bitcoin, and they have been in bitcoin since 2014 when it wasn’t cool
Just bought a lot, now almost a stupid percentage of my total assets in bitcoin. All in FBTC by the way so no wrench attack , let’s see how this plays out in a year
First thing is I would check in on the brokerage, instead of TD I would consider Questrade instead (lower frees, no commission on trades, easy website to use, etc). A lot of people just go with their bank for ease but I really like Questrade the best so check out the pros and cons of each. The two etfs that are the best in my opinion are the Blackrock IBIT and the Fidelity FBTC (FBTC.TO as the ticker if you are buying in CAD currency). I prefer the Fidelty one as they self custody the bitcoin themselves but either is fine