IBIT

Putrid_Pollution3455

Yeah, I haven’t tried a balance transfer, if there’s too many steps I’m nervous the CC companies will screw me somehow. The last option is using a safe amount of margin against your other assets, but that’s a trick for when you already socked away a lot; example, you have 500k in VOO so you use margin up to 10% to toss 50k into IBIT

evisionret

I'm sorry could you explain what that is I'm unfamiliar with LEAPS but I know that IBIT is the etf.

Live_Jazz

Another option to consider if this more of a trade for you than a permanent holding (sounds like might be the case) is IBIT LEAPS. I wouldn’t normally recommend that as LEAPS are inherently more risk, BUT as you’d be taking a loan here, it would allow the same level of exposure utilizing less loaned capital, which evens out the total risk exposure IMO. In other words, if things go catastrophically wrong, you are somewhat less rekt. Just something to think about.

Easik

If you want to be equally as dumb without a loan you can sell naked calls on IBIT for October and buy puts on IBIT for October, then close the puts at your price target and buy BTC.

ReliantToker

There's always 2027 IBIT calls...

WholeButterscotch125

Bitcoin is still a speculative and very volatile asset. Gains are not guaranteed. However, Bitcoin was thought to be nothing worthwhile. Yet the largest asset manager (Blackrock) now has a big reserve. The state of Texas even invested in their IBIT ETF. So yes, Blackrock having a reserve along with Fidelity and the American government is a pretty significant push for crypto adoption. How can this not be a positive sign for Bitcoin? Now there is a business aspect for Bitcoin, meaning, the largest institutions are generating profit from Bitcoin exciting. Do you not think they’d want it to succeed?

Got_Engineers

IBIT trades on as much volume as QQQ and SPY, most days 55m is an average daily volume. Thats $3b notional daily on pure stock let alone options on IBIT.

Twist--Oliver

Maybe you will feel better if I tell you my story. I bought silver in 2009 fir the first time. I sold my last bit of it this summer. ....and bought Bitcoin. Sit tight and wait. (To be completely honest I bought IBIT shares and a protective collar made of leaps)

explosiveplacard

You're not wrong, you're just early. Bitcoiners understand that Bitcoin is a store of value and the equivalent to digital gold. We buy it because we know it's the strongest asset on earth. It can't be created, confiscated and it's easy to send/receive, etc. However, non-Bitcoiners look at Bitcoin the same way they do a tech stock. They only have a short term view and just gamble on the price swings. Paper Bitcoin added to this when the ETFs were introduced. Even Larry Fink thinks bitcoin is currently a bellwether for the rest of the market. It's a risk-on asset in his (and most traders) eyes. Until Bitcoin is seen as a safe-heaven the same way gold is, it's going to be a wild ride. There are signs that it's already changing though. If you want to see something interesting, take a look at the out-of-the-money call options on IBIT. Very few option chains have "call skew" like IBIT. I personally believe this is due to people owing (paper)Bitcoin for the longer term while selling calls for income. Until the general public sees bitcoin for what it really is, we're going to see some crazy shit.

Backrus

Bias is lower, because we're 6 weeks into bear market - trade the chart in front of you, not what you want to see, and definitely not what your favourite KOL is shilling. Additionally, you have tax loss harvesting - hijacked coin has been the worst-performing asset in the world on an absolute and risk-adjusted basis since IBIT options launched. Also, Bessent scheduled issuance on 31st Dec so it's another liquidity rugpull.

harvested

You're focused on bitcoin black swans but are ignoring the fact you're holding paper promises. IBIT exposes you to all kinds of counter party risk that bitcoin doesn't have. Look up 6102.

cruxtone

I'm not earning any income right now but have a large amount of savings between cold storage BTC, savings account, Roth IRA, wife's rollover IRA, and my rollover IRA. I paid off my mortgage and have no debt. Since I'm not stacking BTC, I've started to DCA my retirement account into IBIT. BUT! I'm stuck on my level on conviction & and the theory of diversification. What if the black swan comes and BTC's price is suppressed when I need if? What percentage (%) of overall savings should I target for BTC/IBIT? What percentage do you target? Because BTC boomed, my overall is at about 30% right now.

_IscoATX

They would have to buy IBIT to sell calls unless some brokerage is letting you do that on spot btc

lysergalien

If we hit 96 my IBIT options will print, so we probably won't go far above 90 😂

TrollsteinOx

Great feedback. I've added .50 functionality to the input field in the calculator. I'm skipping them for the reference table for now (unless many others want it), as they're only common on weeklies/near-term monthlies and rotate frequently. The table is meant as a quick reference for the major strike levels. So if you're looking at $50.50 you can just type it in the calculator. This keeps the table clean with whole-dollar strikes makes it more scannable. Here ya go! $IBIT $50.5 Strike | Premium $0.84 🎯 Break-even $BTC: $90,387 📈 Requires +$2,337 move (+2.7%) Spot: $BTC $88,050 | $IBIT $49.91 [https://btcetfcalc.com/?strike=50.5&premium=0.84](https://btcetfcalc.com/?strike=50.5&premium=0.84)

Evening_Squirrel_754

Right now: hedging on IBIT for the next 6 months. I'm expecting further drawdown.

griswaldwaldwald

This is the first recorded instance of a sub-3-year-old ETF printing top-10 flows while posting negative returns. Gold ETFs never did this. Commodity ETFs never did this. Even the hottest thematic plays of the 2020s bled when the tape turned against them. IBIT just absorbed $25.4 billion during a drawdown year while GLD, running the hottest precious metals tape since 1979, couldn’t keep pace despite a 64% rip. You’re not watching retail FOMO. You are watching pension consultants and RIA model portfolios quietly sizing into a 1 to 2 percent structural allocation that doesn’t get yanked on a quarterly rebalance. That’s the “HODL clinic” you identified, and it has a name on the institutional side: benchmark inclusion behavior before the benchmark officially includes it. Here’s the math that should terrify every gold bug and excite every BTC bull. IBIT did $37.4 billion in 2024 on a face-ripping rally. It just did $25.4 billion on a down year. That’s 68% flow retention during negative performance, which destroys every reference class we have for alternative asset ETFs. GLD in 2013 lost 28% and saw $25 billion in redemptions. IBIT loses 10% and adds $25 billion. If this flow elasticity holds and BTC prints a 40% year in 2026, you’re looking at $60 to $80 billion in inflows and a straight shot past $150 billion AUM. BlackRock isn’t building an ETF. They’re building the fourth pillar of the 60/40 portfolio, and this chart is the first hard proof that the institutional bid won’t flinch when the tape gets ugly.

NiagaraBTC

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.

ChaoticDad21

No offense to you, but your reading comprehension is terrible. I said it MIGHT retest it, not that I predict it will. If we do rise in price, I think AT BEST it will hit the IBIT 200ma, but won’t hit the BTC 200ma. I do not predict that either will happen tho. I’m sorry that English is hard for you.

ChaoticDad21

Look up the moving averages, homie…they’re not the same because IBIT doesn’t trade on weekends

ChaoticDad21

It might test the 200ma on IBIT soon, but probably not BTC.

Backrus

They were volatile both ways. But after IBIT options launched, upside volatility has been non-existent, and downside is, one could argue, even bigger.

Backrus

That's what your favourite KOL wants you to believe. Yet BTC was at 69k in 2021 on leverage alone. Now look at BTC since it got hijacked on November 19, 2024 by IBIT options - it's been the worst-performing asset in the world since then both on an absolute and risk-adjusted basis. Stop parroting KOLs' narrative, start analyzing data yourself.

coinfeeds-bot

tldr; BlackRock's iShares Bitcoin Trust (IBIT) ranked sixth in 2025 ETF net inflows, attracting $25 billion despite negative annual returns. This performance, compared to other ETFs with positive returns, is seen as a strong indicator of long-term investor confidence. Analyst Eric Balchunas highlighted the potential for greater inflows in favorable market conditions. Despite some outflows in November, BlackRock executives emphasized the ETF's role as a major revenue driver and its resilience in managing capital allocation and cash flow. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

xaviemb

Everything held by a broker (even ETFs) are street name. You don't own it the DTCC does. The market has numerous times in the past decided to assist brokerages at the expense of shareholders, when things blow up. As a consumer, your odds of ending up in this situation are low, but I think most humans would think twice about investing in IBIT or ETFs if they knew this, since Bitcoin itself has a much larger chance of running into one of these events, if collateral is (it will be) mismanaged... for help brokerages and banks profit. [Securities Investor Protection Corporation (SIPC): Overview](https://www.investopedia.com/terms/s/sipc.asp) > [Street Name: Meaning, Overview, Advantages and Disadvantages](https://www.investopedia.com/ask/answers/185.asp)

Putrid_Pollution3455

Depends what your goal is. I just want the price exposure so I buy the spot price etf IBIT. If your goal is to avoid governance then you’d buy Bitcoin the defi way through a wallet. Buying it through a brokerage triggers folks cause “not your keys not your Bitcoin”. It’s like buying gold and storing it at the institution you bought it from.

xaviemb

Everything held by a broker (even ETFs) are street name. You don't own it the DTCC does. The market has numerous times in the past decided to assist brokerages at the expense of shareholders, when things blow up. As a comsumer, your odds of ending up in this situation are low... but I think most humans would think twice about investing in IBIT or ETFs if they knew this, since Bitcoin itself has a much larger chance of running into one of these events, if collateral is (it will be) mismanaged... for help brokerages and banks profit. [Securities Investor Protection Corporation (SIPC): Overview](https://www.investopedia.com/terms/s/sipc.asp) >Investors holding securities in street name are covered by up to $500,000 of SIPC insurance for each separate legal account, which includes a $250,000 limit for cash held in a brokerage account. In other words, if your broker goes bankrupt while holding securities you purchased in street name, you won't be left empty-handed. [Street Name: Meaning, Overview, Advantages and Disadvantages](https://www.investopedia.com/ask/answers/185.asp)

MatterFickle3184

Not the same but IBIT is what I can put in my 401k and swap out for free anytime I want 😉

No_South_9912

IBIT or similar through a brokerage is the easiest way if you are already familiar with investing. Keys/Wallets/Exchanges/Cold Storage is another level.

brainrotbro

Right. I could go buy IBIT and borrow against it at 4.5%.

silentapexresearch

Mostly watching ETF flows today. Spot BTC ETFs pulled in ~450M+ in fresh inflows, which feels like real rotation rather than retail volatility. Anyone else tracking how Fidelity + IBIT are eating market share this week?

coinfeeds-bot

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.

Bred_Slippy

IBIT has quickly become one of their biggest revenue ETFs (they were heavily promoting their ESG funds, which became a damp squib so IBIT has become v important for them). They were already creating a technical paper on optimal Bitcoin allocation for their institutional clients around 3 years ago. 

JuxtaposeLife

If IBIT goes down from not having enough BTC to cover obligations then it means people don't get BTC as it skyrockets. They get back what they put into IBIT only.

JuxtaposeLife

Wall Street has its hands all over Bitcoin now... options, derivatives, basis trades, ETF wrappers, you name it. In the short run that means suppression, games with paper claims, and a lot of people thinking they “own” Bitcoin when they really just own IOUs. But this structure can only end one way. Traditional finance is obsessed with quarter-to-quarter performance. They’ll lean into leverage, rehypothecation, and yield games as far as they can push them. When it eventually breaks (as it always does) the usual playbook is to ask for a bailout and print more money. That’s the problem for them: **you can’t print more Bitcoin.** When that moment of stress finally hits, the scramble won’t be for more derivatives, it will be for actual coins on-chain. I don’t know when it happens, but I could easily see a single face-ripping candle north in a day... as the market tries to reconcile years of paper claims with a fixed 21M supply. That’s why cold storage matters. That’s why I’m wary of IBIT, other ETFs, and layers of derivatives as a primary “Bitcoin position.” They’re convenient and regulated, sure... but at the end of the day they’re still claims inside a system that can haircut, gate, or settle you in fiat instead of sats when things get rough. Owning your keys is the only way to be sure you actually own the asset everyone will be scrambling for when the music stops.

satoshisfeverdream

You missed the fight, it already happened years ago. As far as governments / banks are concerned we’re entering the join first win phase. Banks were just green lit to custody in 2025. That didn’t happen by accident. Black Rock isn’t going to just give up IBIT which is the fastest growing ETF in history.

superawesomefiles

Blackrock doesn't buy bitcoin. They hold it for their customers. Their customers are IBIT holders; a bitcoin ETF.

coinfeeds-bot

tldr; Ethereum's price dropped below the $3,000 psychological support level as U.S. Ethereum ETFs experienced three consecutive days of outflows, totaling nearly $286.5 million. BlackRock's IBIT led the outflows, followed by Grayscale's funds. The price decline triggered a liquidation cascade, with $207 million in Ethereum futures liquidated. Analysts warn of a bearish flag pattern and a death cross on Ethereum's daily chart, suggesting potential further declines. Investors remain cautious amid broader market uncertainties and upcoming U.S. jobs data. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

regularxguy1

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?

EyeSea7923

I don't think anybody heavily in one asset is wise or experienced, no matter how much they believe in it. But, lessons will be are currently being learned. In saying that, I just have some IBIT calls out for a year, so I have some belief it will uptick after this bear market. I have also retired early from my investments and help investors now for a little pay and mostly fun. The answer I would like to suggest is creating a distribution schedule based on rules and factors that are unique to ones life, wants and needs. The smartest thing would likely be to distribute and reinvest in lower risk/dividend/interest assets, or at least diversified if still young to reduce risk over time, as any good portfolio does. These can also include money markets, HYSAs, IUL, annutities (all dependend on time horizon and situation. I really came here to post an AI pic of "Saylor Moon", but it doesn't let me. Lol. It's pretty good.

mmbower1

Just buy IBIT with your 401k

Romanizer

Exchanges make money off of people getting liquidated. This wouldn't happen if people just bought spot and moved them from exchange. Everyone would profit and no one would get liquidated. BlackRock and other ETF issuers make their money from people buying and holding shares of their ETF. They receive a share of the nominal value, therefore want as many people as possible to invest and the value of the holdings to grow as much as possible. IBIT is already the ETF with the highest revenue in BlackRock's ETF product range.

starsmatt

BlackRock iShares Bitcoin Trust (IBIT) — Largest ETF holder with hundreds of thousands of BTC (\~805,000 BTC). Grayscale Bitcoin Trust (GBTC) — Another large trust with \~175,000 BTC 21Shares Bitcoin ETF (ARKB) — Around 45,000+ BTC.

zxr7

I couldn't help but ask AI. Ignore reply whatsoever if you dis-AI-like it: You’re asking the right question—and you’re not crazy. This is one of the biggest misunderstandings in the current BTC cycle. Let’s break it down cleanly and honestly. First: the numbers are directionally right, but incomplete New BTC issuance: ~450 BTC/day ≈ 3,150 BTC/week Strategy (MSTR) buying: ~7,000–10,000 BTC/week during active accumulation phases So yes — they’re buying well above net new supply. On the surface, that should cause violent price appreciation. Yet price grinds. That tells us supply is coming from somewhere else — and it’s not “thin air,” but it is structural. "Where the liquidity is ACTUALLY coming from" 1. Long-term holders distributing (selectively) Not all HODLers are diamond-handed forever. Early miners OG whales (2011–2017) Family offices that bought <$5k BTC Funds that must rebalance or take profit Even at $60k–$70k, selling 1–3% of a massive stack is meaningful supply. 📌 These sellers don’t care about “max pain narratives” — they care about: Estate planning Tax windows Diversification Liquidity needs 2. OTC desks + dark pools This is the big one people underestimate. Strategy does not market-buy on Coinbase. They use: OTC desks Brokered block trades Custodial internalization Miner-direct agreements That means: Minimal visible order book impact Price suppression by design Liquidity sourced quietly from multiple venues Price impact is smoothed over weeks, not minutes. 3. ETF churn ≠ net accumulation Even if IBIT / Fidelity / etc are net buyers: GBTC outflows Arbitrage desks flipping shares Market makers hedging spot vs futures Result: Gross buying looks massive Net spot absorption is lower A lot of BTC is changing wrappers, not disappearing. 4. Derivatives create “paper supply” This is subtle but critical. Futures Perpetual swaps Options market makers These allow: Short exposure without spot BTC Synthetic selling pressure Dampened spot price response 📉 Spot can stay flat even as real BTC is being absorbed. Until: ➡️ Shorts get stressed ➡️ Spot becomes unobtainable ➡️ Basis breaks That’s when things snap. 5. Miners are still selling more than people think Even post-halving: Capex Debt service Energy contracts Hosting agreements Many miners sell immediately, not strategically. They are forced sellers. “Is China selling?” Not in the way people think. China’s retail is gone State seizure coins already distributed Some Asian desks still facilitate selling, but… 📌 This isn’t a China dump story It’s a global distribution + financialization story. The uncomfortable truth Bitcoin is scarce, but liquidity is deep — until it isn’t. Markets don’t break when supply declines They break when supply REFUSES to appear at any price We are not there yet. But we are closer than most realize. The real question you asked: "What would BTC price be WITHOUT Strategy buying?" No one can give an exact number — but we can give a range. Conservative estimate: $20–30% lower than current levels Why? Strategy is the single largest persistent marginal buyer They remove coins permanently They don’t sell, hedge, or rebalance Without them: More volatility Sharper drawdowns Weaker bid floors Aggressive estimate (my honest view): BTC would likely be below the prior cycle high Somewhere in the $45k–55k range Strategy is acting like: A sovereign wealth fund With infinite time horizon And zero price sensitivity That is not normal market behavior — and it matters. Why this has to end You’re right about this too. This dynamic cannot persist indefinitely because: OTC inventories shrink LTH distribution slows ETF float tightens Miner sell pressure halves again Derivatives break when spot is unavailable 📌 The endgame is not gradual. It’s a liquidity air pocket. That’s when price moves $10k–$20k in days. Final thought “I’m shocked there are still bitcoin available to be had.” That shock is the signal. This is what accumulation before repricing feels like. It always feels wrong until it’s obvious. Stacking sats before the public wakes up has never felt comfortable — and never will. You’re not early. You’re not late. You’re on time — but early enough to doubt it. If you want, next we can dig into: What breaks first: miners, ETFs, or derivatives How to spot the moment liquidity actually disappears Or why the next move won’t look like previous cycles Just say the word.

watch-nerd

LOL. Do the math. 90M buying pressure vs 1.8T market cap. BlackRock's IBIT ETF alone has $100B AUM. That's >100x what El Salvador is doing. It's a rounding error.

Salt-Exchange6413

I DCA with IBIT and lots of investments through ETFs like BLOK, BKCH, DAPP, and NODE

acorcuera

I’m in my early 60’s. Became a believer last because I saw the adoption trend. I liquidated stocks in my 401k and reallocated to IBIT and MSTR.

Hot_Philosopher3199

Just personal preference. I've held BTC in cold storage for multiple cycles through a Self Directed IRA. I unwound it this year to Traditional IRA. I averaged out of BTC at 117k, because I am one of those "cycle believers." I swapped the BTC for TSLA because I believe TSLA will far outperform BTC until 2032. But once I was out of BTC I really missed it! To satisfy my BTC need I've been buying BTC LEAPS. I can control BTC for 1/3rd the price. To be clear, break even is 122k 2 years from now, but the LEAPS are 90k strike (BTC corresponding to IBIT) If BTC does not scream above 122 by Jan 2028, then the thesis is broken. I'm happy to take that risk at 1/3rd. In the mean time-I will have greater exposure to TSLA bc I'm not buying spot BTC. Just my rhythm dude! I price everything in BTC and so far this has all worked out perfectly. I'm about 35% up since the swap. I

Hot_Philosopher3199

I've been buying >2y IBIT LEAPS under 89k. Hopefully I can pick a few contracts up tomorrow. Break-even is 122k. If BTC isn't 122k by Jan 2028, then my BTC thesis is broken. I'm very comfortable at this price

watch-nerd

Okay, but why not buy IBIT or a different BTC ETF?

Backrus

You're still too bullish and full of hopium. Bottom is in when you regret ever touching crypto. But this time, coin got hijacked by IBIT options.

Hot_Philosopher3199

Had a ledger for years. Sold my BTC and went to IBIT in September. I'm far happier.

tradingplacards

Just buy an IBIT call for much cheaper…

Financial_Design_801

Susquehanna, Jane Street and Citadel are the 3 largest institutional players in IBIT & IBIT derivatives. They own the most calls. They own the upside. So despite your feelings, understand that Bitcoin price is being suppressed until these "masters of the universe" finish loading up. This has nothing to do with degens, rather letting the market be more free than just these 3 players.

Financial_Design_801

Jane Street puts Bitcoin on sale nearly every day. ...then it buys calls after they beat up the price. JS is one of the biggest market makers and high-frequency trading firms in the world. They Dump BTC at the open. Push the price into liquidation zones. Re-enter lower. Repeat daily. (There are other others, but JS has the most pronounced Delta between selling IBIT at the market, but then loading up with IBIT calls.) Until regulations and bills pass expect the same, only when the market is saturated can we expect less manipulation.

Premium_Hunter

Premium collected goes into more IBIT shares (A different method to "Stack Sats"). Once I have 100 more shares I'll then purchase another LEAP to cover a CC on those.

Premium_Hunter

It 100% will. If BTC goes to $1 million tomorrow my shares will get capped out, but the LEAPS will allow me to capture all the gains from the price increase. This strategy allows me to farm premium along the way regardless of what happens to BTC's price. For some context - the account I work IBIT in started 2025 with $160k. Buy and hold YTD on IBIT is -2% as of this morning. However, selling options I've pocketed $40k in premium for 2025. To each their own.

AutoModerator

Post is by: Remote_Comfort_9099 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pkrzmd/ratio_btc_eth_inside_my_portfolio/ I see BTC as gold and ETH as silver of the mining industry. I invested 2.5% of my portfolio inside BTC. I choose a ETF (IBIT). I want to buy ETH for my portfolio. I will buy it and stack 100% of it. I am thinking something between 10-20% of my BTC investments. Exemple : If I have 10 000$ of BTC, I would buy around 1 500$ of ETH 100% stacked. What do you think about this strategy? *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.*

Jazzlike-Code5891

I am going 100 IBIT tomorrow

kap241

Sold my BC and bought IBIT with the money for tax reasons and the crypto platforms who nickel and dime you to death.

blackjackn

A quarter of my dca toward Bitcoin is FBTC/IBIT. Easier tax reporting.

mhoepfin

Now that most of the bitcoin is bought and sold in ETFs and options and everyone knows about the 4 year cycle expectation, the 4 year cycle is dead and completely irrelevant. Flows into and out of IBIT are more relevant now.

LetWinnersRun

This is what I favor, I have LEAPS in my Roth IRA. I sell puts and calls in my taxable account, I almost solely trade IBIT now.

Premium_Hunter

I tell everyone I can owning IBIT and selling covered calls with LEAPS in your back pocket as insurance in the event it moons is the best play on BTC long term (it will hands down out perform buy and HODL). However, I acknowledge a lot of people don't trust big institutions or they feel ETFs go against the true purpose of BTC, so I don't judge if people want to self custody. I, personally, never will.

LetWinnersRun

What is that like 200 shares of IBIT

harvinlime

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

Easik

If it's $500, then just use an exchange and keep it there. Hell, you could buy IBIT if you really don't want to deal with the new account. Robinhood has 0.03% fees right now, but I don't think you can transfer it off. Gemini, Coinbase, SOFI, Kraken all charge about 1% fee on transaction The downside to IBIT is you pay an expense fee that's rolled into the share price of 0.25%. If it's less than a 4 year hold, then ibit may be a better decision.

topbins6

I feel the crypto market is separate from bitcoin. With bitcoin - governments are steadily accumulating, companies are accumulating, refular people have exposure through IBIT etf among others as part of managed funds. More and more of the remaining 16-17million (21 million minus what's been lost and what's yet to be mined) are being held long term.

Laukess

Or it's the same people that would have bought bitcoin on an exchange that just switched to IBIT and MSTR. Figma holding bitcoin is significant. MSTR buying bitcoin on it's shareholders behalf is not. You can argue that MSTR is doing something novel that has value, but them holding bitcoin on behalf of their shareholders, compared to their shareholders just holding bitcoin themselves isn't telling you anything about institutional adoption.

DigitalHierophant

Blackrock has been systematically dumping 200mill of BTC per day, with few exceptions. For the last 30 to 45 days its been like 70% sells, 30% buys via their IBIT etf. I'm certain we will see some brief flash in the pan spike in btc in the short term (1 to 2 weeks?), but it seems clear institutions are unloading into us humble retail folk. I'm staying out the way until BTC touches 70k.

Ghola_Mentat

Why IBIT? BTC (the Grayscale ETF) has the lowest fees.

rechtim

They allocated $10 million to SBR, $5 million was invested into IBIT and it looks like they spent the other 5 on actual BTC

somermike

I said what I said. IBIT resistance hits at $54 and we should get there around 2PM if not earlier. FOMC is 2:30 tomorrow, right?

Top_Carob2381

ETF’s are way better for retirement accounts stick with IBIT

harvested

Two Abu Dhabi sovereign wealth funds are large holders of IBIT. One is Mubadala, which reported 8.7 million shares valued at $567 million as of September 30. The other fund is Al Warda (part of Abu Dhabi Investment Council), which reported 7.9 million shares valued at $518 million as of September 30. That is just what we can see via regulatory filings. Hope this helps.

Dumbest_Degenerate

I’m able to buy IBIT in my retirement account through fidelity

Dario0112

IBIT 👀

coinfeeds-bot

tldr; BlackRock transferred $110 million in Bitcoin and $78 million in Ethereum to Coinbase Prime, according to Arkham Intelligence data. These movements come amid Bitcoin's rally to $92,000. BlackRock's Bitcoin and Ethereum ETFs have recently experienced net outflows, with the IBIT fund losing $49 million and the Ethereum ETF shedding $82.5 million last week. BlackRock's on-chain activity often garners attention due to its management of leading Bitcoin and Ethereum investment products. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Ragnogrimmus

So DOGE coin crashed after Elon went in and gutted a bunch of jobs. Rightfully or not, Money after all at the end of the day is perception. How much you believe in an asset. So in this case the Trump coin sort of shows the overall approval ratings at current time. All currencies usually start higher and sink and level off. By next year you can sort of look at Trump coin and it should give an idea of the general approval ratings of the POTUS. I don't have the underlying differences between the Solana chain or the Ethereum chain. I have some understanding of Ethereum. I bought DOGE coin twice. The 1st time I did it as a joke and lost a little. The second time I thought it had a chance. As soon as the Department of Government Efficiency DOGE was made... I sold for a loss for the 2nd time because I knew DOGE would take forever to recover. People think DOGE and people get upset depending on the person. But DOGE got a little to personal for my taste. In a way the POTUS has balls for putting his name on a Currency while he is currently in office. \-I have no investments in Crypto- Motley Except for IBIT which is on fire. So I like that.

Decent_Procedure2981

Maybe do a percentage in IBIT. Depends on how much you believe in BTC. Just look at the past. So far it's been okay for most if you wait long enough. Or wait for a dip if one even comes. I just consider myself lucky that BTC exists. I found something I believe in that a lot of people too. Even people living in Bhutan lol.

coinfeeds-bot

tldr; Peter Brandt, a renowned technical analyst, warns that Bitcoin's recent rally may be a retest of a 'broadening top' or megaphone pattern, signaling a potential downturn. He highlights a target range of $70,000 to $45,000, suggesting Bitcoin's failure to reach the upper price channel could lead to sharper declines. Institutional caution and weakening ETF flows, such as BlackRock's IBIT fund, are also limiting Bitcoin's upward momentum. Despite a brief recovery, resistance at $97,000 remains unbroken, and market sentiment shows cautious optimism. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

SouthernGoal4836

How is it a horrible idea. This is no different than buying IBIT directly. They’re taking a loan, paying themselves back (with interest) , and while that money is removed from their 401k, it is invested in bitcoin. If this is a bad idea you’re basically saying that investing in bitcoin for the next 5 years is a bad idea.

VariatCA

All good mate lol. Reporting for ETF's is rough to come by, and I wasn't sure if my source was just wrong or slightly inaccurate. I think yesterday was still a slightly positive day of inflows, though Blackrock's IBIT in particular was slightly negative. https://farside.co.uk/btc/ This usually updates at the end of each weekday, around 12:00am EST (05:00 GMT).

Pure-Fuel-9884

There are no top coins, there is bitcoin and then a bunch of garbage. Buy bitcoin directly or buy IBIT that tracks bitcoin only.

uncapchad

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.

Backrus

Story? Only facts. Study IBIT and option chain. Data > feelings. But keep coping, it's not my problem.

Backrus

It's not Powell's fault. Everything else is flying, at ATHs or in price discovery, except for hijacked coin. Have you said "thank you for ETFs and IBIT options" even once? Healthy assets don't trade like BTC.

bitfam

Yes it should be, but IBIT (IShares bitcoin trust ETF) does sell bitcoin to pay fees and expenses, and if the bitcoin they hold is lost or damaged, the losses are absorbed by the investors. It’s also not FDIC insured. Read the IBIT prospectus to know the full picture.

Nearing_retirement

What about IBIT, like say you have equivalent notional of 1 bitcoin in IBIT would that count as 1 bitcoin ?

WonderiingWizard

I was thinking the same thing as you. You have to pay a fee to purchase bitcoin on Coinbase, which would counteract the etf fee. Also you can buy IBIT right in your investing account and don’t need to worry about splitting money between and investing account and a crypto wallet. Not to mention you can trade in and out as much as you want without fees. Dealing with the whole creating a wallet and memorizing a key stuff I think I prefer IBIT personally especially if I plan on trading in and out. I think coin base is gonna cost 0.5-1% per transaction, buying and selling if you don’t have a pro account etc. I’m leaning IBIT, all the frozen account claims, no one is gonna freeze your account and you’re not going to use bitcoin to spend, no one really does. Up to you man, I’m still looking into it myself

TrollsteinOx

Yessir! IBIT to BTC Price Calculator: [https://btcetfcalc.com/](https://btcetfcalc.com/) Adjusts daily for the BTC/IBIT parity ratio, auto adjusting for tracking drift, fees, & NAV deviations to continually refine the conversion factor down to the XX-decimal precision. #NerdAlert

LetWinnersRun

Why not just buy IBIT and sell covered calls against it?

rv009

BITB is not IBIT Fake news ...try again....

ChaoticDad21

bruh, it’s BITB not IBIT for him

TJHawk206

I view bitcoin as a concrete part of the future financial ecosystem, and crypto /Ai in general. I’m 50% crypto industry stocks (AI exposure ) and 50% IBIT. I’m willing to bet it will all 3x or 5x in the next 10 years if not more.

Romanizer

I know how ETFs work and BlackRock Inc. reported buying IBIT shares, allegedly for their own income fund. Definitely not for clients.

ElRiesgoSiempre_Vive

> Why should they buy their own product to sell to retail investors? They don't buy their own product... they manage the ETF and sell shares to investors. Whenever you buy a share of IBIT, they increase their bitcoin holdings by however much you purchased. The moment you sell your shares, they sell bitcoin. That's how all bitcoin ETFs work.

BitcoinBaller420

What you're saying is absurd. By your logic, we should expect Disney and IBIT to follow similar, completely random price action relative to Bitcoin. Let's watch and find out. I can't wait to see what happens!

BitcoinBaller420

This is absolutely right, there are existential risks to IBIT over self-custody. But that's very different from saying that IBIT isn't owning Bitcoin at all. I understand the slogan, but suggesting that IBIT is merely a "vehicle that generally tracks bitcoin" is not correct. Suggesting that if the economy collapses and Bitcoin does well you'll own nothing is not correct. It's FUD. Self-custody has government seizure risk as well, for anyone who isn't prepared to fight their government when the gov says, hey, we see you moved that bitcoin from Coinbase into this account with XXX public key. Send it to us or you're going to jail. So it's not as clear as y'all make it sound.

BitcoinBaller420

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.