IBIT

onpch1

Most people buy fractional bitcoin. But you're not alone in this. A couple of years ago, I told my friend, "dude, I dont have 20k to invest right now." Current bitcoiners need to do a better job getting this very often overlooked message out. IBIT is perfect for retirement accounts and for People who don't want to deal with self custody and getting hacked and all that.

YaBoiJim777

The etf is one way although it isn’t really bitcoin. FBTC or IBIT

SadTrash2682

I came from traditional finance, I had no interest in a “cold wallet “ or self storage of my coins. I think the ETFs bring a new source of revenue to bitcoin. I can write weekly covered calls on my IBIT in my ETrade account. Also you have so many BTC treasury companies coming on board and several nations starting their own reserves. They recently absorbed a huge BTC liquidation, it recovered in a couple days.

sssssseeeeee

Get hardware or just buy IBIT.

redditakTO

Can you buy them IBIT?

Dettol-tasting-menu

Yeah BlackRock is the IBIT issuer, but the custodian is Coinbase.

Dettol-tasting-menu

You mentioned IBIT right? That’s Coinbase holding your coins.

scoberly

I consider IBIT and FBTC the same in this context. Both are spot bitcoin funds, hold only bitcoin, same fees, no dividend, etc. The inheritance argument is a good one, that's thinking long term. Bitcoin trades 24/7 so no more or less risk to capital if there's a weekend run. Inherent risks - nailed it.

scoberly

Why? IBIT doesn't have a dividend.

National-Worth-1814

Cant speak to IBIT but I do have money in FBTC--Fidelity's ETF--and dont have any major complaints. Unlike IBIT and every other spot ETF they hold their own BTC. One major problem could be the fact they arent open 24/7 so if there is a rush to sell on the weekend that could come back to bite me. Otoh I dont worry about losing keys or getting hacked or getting scammed. And I dont have to worry about passing away suddenly and family not having access to the funds if needed. My wife isnt exactly tech savvy. There are inherent risks to everything we do in life, but I think the ETfs are ok for exposure to the market, imo. Although holding actual BTC is very tempting as well.

Significant_Park_590

I buy every week no matter the price. On my exchange and IBIT in my Roth IRA

BitcoinBaller420

I own IBIT, but everything has risks. Here are a few of the downsides: \- big honey pot, all the world's theives and hackers will be trying to steal your bitcoin, and they know where to find it \- 0.25% per year fee But the biggest risk is this. The endgame of Triffin's Dilemma is upon us. Look at the latest PPI numbers. Look at the treasury yields. Look at the (non-existent) plan to deal with the debt and deficits. Look at the market reaction when we take steps to weaken the dollar to improve trade imbalances. Look at the break down of spending vs sources of taxes, think about what would happen to tax receipts if we reduced deficits. When the US realizes it has no way out of the debt it has incurred, they may implement capital controls and take whatever buying power they can grab. If your bitcoin is on a centralized exchange, the thief to fear is the US government. There are risks to self-custody as well, don't let these posters fool you. Look how much of it has been lost already. You need to weigh the pros and cons for yourself. Protecting buying power for decades is hard. But bitcoin helps.

ReliantToker

I participate in IBIT options trading so daily price action is a matter of concern here 😉

Dettol-tasting-menu

You aren’t owning real bitcoin. Try send a fraction of an IBIT share around the world as tip. Try send it without first asking for permission. You pay annual management fee to someone when it’s free of charge to keep it yourself. You have to 100% trust (pray) Coinbase that they won’t get hacked, won’t be any insider job, won’t get confiscated by government, account won’t be frozen, there is no fraudulent activity from the most junior to the most senior officers, etc. Arguably more things could go wrong - there are just more layers and people involved. You pay fee in order to forfeit the most important qualities of bitcoin. Bitcoin isn’t just about number go up, in fact number won’t go up unless it is first and foremost the decentralised, permissionless and censorship resistant digital money. NGU is just the nice side effect.

skayleef

Buying Bitcoin through an ETF like IBIT sounds simple, but it’s not the best move. You don’t actually own the Bitcoin—just shares in a fund run by BlackRock, so you can’t use or store it yourself. You’re also paying fees (0.25% a year, like $250 on a $100,000 investment) that add up, while holding Bitcoin directly is basically free. IBIT tracks Bitcoin’s price, but it can lag a bit, so you might miss out on gains or lose more in a crash. Plus, you’re stuck trading only during stock market hours, not 24/7 like real Bitcoin, and you’re exposed to risks like hacks or regulations hitting BlackRock or their custodian, Coinbase. You’re also betting on BlackRock’s management, not just Bitcoin’s price. If you want the real Bitcoin experience—full control, no middleman—just buy and store it yourself in a secure wallet.

Silver_Crypto_Duh

You can look at btc/eth treasuries like mstr, sbet, bmnr, or even IBIT, not financial advice but there are other ways to get exposure to the two big dawgs

GetWIDRdotcom

What are your thoughts on IBIT relative to FBTC?

BitcoinBaller420

Consider splitting between IBIT and FBTC to diversify your custodian risk.

chetmanley1213

Roll it into an IRA and buy FBTC or IBIT

jaycinematica

IBIT in a Roth IRA is the only ETF that’s worth it.

modsR_Gae

Cashing out for me means selling my OTM IBIT and ETHA calls and converting to shares

stories_from_tejas

You have to look at yourself if you want to really tackle this. A DCA strategy since 2021 on bitcoin would have been significant returns. You would’ve heard about crypto from somebody else if not from the person you originally heard it from. People make mistakes in life and that’s OK. The good news is bitcoin is gonna go up significantly in the next decade, I recommend getting a long term position on IBIT. You have to quit trading. Do some soul-searching in life, we all grow, especially through times of learning these lessons.

stories_from_tejas

Maybe I got off track with what you were saying. I’m a swing trader that looks at 1-24 month time frames. Crypto has been my best returns in the past 4 years, and I’ve learned some valuable lessons along the way. My mistakes were always over buying my entry, especially after bull runs topped out. Getting better at that as time went on, especially now cured of FOMO but have slowly added crypto etfs that are doing well right now. In the past o had crypto on Robinhood or Coinbase. Never have actually spent crypto but it’s a solid investment long term. Going back I would have just DCA Bitcoin but I still think it reaches $1million by 2035. Holding IBIT for that reason. I can’t envision a future without the dollar, so I’m not interested in spending Bitcoin. IBIT also has the largest inflow of capital into an ETF ever, solid investment opportunity. ETHA is good today, I hope to sell out and reposition as this bull run ends. Long term I see a huge outlook but we’ve seen years of lows too.

Dudebro21000000

are you allowed to invest in foreign ETFs like IBIT or do you only want actual bitcoin? Also buy Metaplanet if you want to leverage your bitcoin aquisition

StackingSats1300

What would stop it at this point? Trump just let the general public put it in their 401k. Those buyers will only sell in.. 30 yrs or so. MSTR, IBIT, and the rest keep buying, saying they won't sell. Governments are buying and / or mining. The price runs on every financial ticker on TV 24/7/365. MSTR has $70,000,000,000 in capital to borrow against if it ever needed money. None of the BTC is collateralized against any loan and their debt is at about 15% of assets. I can't imagine being concerned about it being banned at this point. What else could happen that wouldn't impact the rest of the world financial system at the same time?

munchingzia

Ive been so busy DCA with eth in coinbase this year that i completely forgot to make my entry with IBIT. But looking at this years performance i dont think ive missed out. Might give it some more time because i have a decent sum to put in all at once.

gemino616

Help my wife some some btc from 2018 at 121k earlier. And bought in more IBIT call myself

Obvireal

Probably just holding an etf on the companies Robinhood account would suffice. A lot of institutions use the ETFs as a proxy to the real thing so they don’t have to worry about cold storage. IBIT is the biggest but its Bitcoin is custodied by Coinbase. FBTC and BITB custody their own BTC. Definitely learn more about Bitcoin before you use cold storage. Have secure process in place. Don’t come here to learn those process. Learn them on your own through experience and knowledgeable people, not redditors.

2mindx

0.5 in IBIT form 0.5 in BTC form total 0.1 btc Does that count?

stories_from_tejas

I like to do both. For example I’ll hold IBIT til Bitcoin hits $1million, but I’ll take profits from a smaller position in BITU when it’s on a downtrend.

Hot_Philosopher3199

I have a Roth for each of my kids. 20% TSLA, 30% S&P, 50% IBIT. None of them know about it. Won't tell them till they are older. I will continue contributing till they can take it over.

thewealthtrader

I am an FA and have been pretty much all-in on Bitcoin for many years personally. My clients own IBIT and have had MSTR since 2023. Just like with any profession, there’s a whole spectrum of people who specialize in various things and have various capabilities. There’s bad eggs in every industry. Just because you met with 1 guy who was uninitiated with BTC doesn’t mean we all are. As always DYOR. Not everyone needs an FA, and not all FAs are qualified to serve you adequately. Please don’t slander my entire profession based off a handful of older, headstrong dudes. TY.

bansoma

I've spent a long time educating myself on money, markets, and personal finances. I don't trust most financial advisors, many are actively harmful. The best give you simple advise you could implement yourself. Regarding diversification, I generally think diversification is a good idea. It helps you emotionally weather the downs, it provides access to upsides in a variety of sectors, and there is good evidence to support that getting high on the risk/yield curve and selling one asset class that is currently high to buy another asset class that is currently low as part of a portfolio rebalance is a winning strategy. All that said, I'm not sure I've ever tried to talk anyone out of being long BTC. You may not want to YOLO 100% in, but that is more about the general principal of never doing that with any single asset ever than it is about the fundamentals of BTC. A lot of financial literature the FA is consuming is anti crypto. Amongst that crowd it is pitched as "too new," What isn't said is that the FA crowds REQUIRE your assets in a stock/bond portfolios to collect commissions. With IBIT this may slowly start to change... The best FA's are fiduciary flat fee advisors, this group is generally less anti-crypto overall. BTC is up 26% YTD, GLD is up 25% YTD, S&P is up 8% YTD, Real estate is up 2% YTD. Three years ago the percentages were the same but the order was reversed. No one can predict the future exactly, diversification makes it matter less, but it can also eat into your potential for total gains. Less downsides, less upsides.

redhtbassplyr0311

Dollar cost averaging buying IBIT with a 0.25% annual expense ratio gives more net profits than 1% on crypto IRA over 5, 10 and 20 years with progressively more profits the longer you're holding. I ran some calculations using $250 a month and assumed various CAGR's. I used Bitcoin's CAGR over the last 10 yrs and then looked lower and higher and all showed the ETFs being more profitable

GenFR13

I took IBIT because I’m tired of all the tax papers I need to fill E&Y for Bitcoin transactions

Old-Demand3148

Correct, yes IBIT an ETF, which you can do through Schwab’s brokerage, but buying that is different than buying actual Bitcoin, which you’ll eventually be able to do along with other cryptocurrencies.

HappyHierarchy

I’m talking about buying IBIT. I thought we were referring to IBIT? No, this is buying actual coins and sending them… where?

Hot_Philosopher3199

My Bitcoin is currently in self custody in a tax-advantaged Self-Directed IRA. It is possible but it was a pain to set up. Now I will roll it back to a Traditional IRA and into a BTC IBIT.

icanfly_impilot

If you don’t want to use IBIT use FBTC

Huge_Drama1077

Now we all need to harass our respective HR departments until they add IBIT to their choices of funds to invest in. It will not be there by default, your company must make it an offer. This is where the real challenge will come in. Convincing Bertha in HR to let me YOLO my life savings into Bitcoin might prove difficult.

No_Toe710

Yes - but if the BTC is purchased as IBIT through an after tax brokerage account. Then unlike a 401k it can be used as collateral, and borrowed against. Which diminishes the need to ever sell 😎

No_Toe710

Contribute to the maximum your employer will match, then take a 401k loan with a 1 year payback term. Then buy IBIT with the proceeds. This way, you will likely have a decent % of the loan balance paid off if you do lose your job (and your loan becomes due). Additionally, if this happens and BTC has appreciated. You can borrow against the appreciated IBIT to pay off that 401k loan balance, if necessary.

DuckLips5003

Tell this Harvard guy that Harvard’s endowment just put $116 million in IBIT - I bet he didn’t see that coming either

Quick_Sorbet6038

This is the ultimate question. Are you saying you have $23K in your IRA? If your 401K has ways to get Bitcoin exposure, like a broker account that lets you buy MTPLF or MSTR or IBIT - then that's one thing. If it's just shit ETF's then I'd buy spot BTC.

coinfeeds-bot

tldr; Harvard and Brown University have invested in BlackRock’s iShares Bitcoin Trust (IBIT) ETF, according to Bloomberg analyst Eric Balchunas. Harvard holds $126.04 million worth of IBIT shares, making it the 29th largest holder among 1,300 holders, while Brown owns $14.05 million worth. The ETF tracks Bitcoin's performance and has $86.33 billion in assets under management. Balchunas notes that endowments rarely invest in ETFs, making this a notable move by these Ivy League institutions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

More_Ad2661

I’m pretty sure there are services that allow BTC in your tax free instead of needing to buy ETFs like IBIT that incurs a management fee + introduce additional risks.

stories_from_tejas

I would start a DCA strategy on IBIT and ETHA, expecting to purchase a certain amount every week for the next 2 to 3 years. Expecting to hold for the next 5 to 10 years.

Haunting-One-7316

'IBIT'? Does that in any way compare to FBTC?  Just curious because I heard about FBTC (only a few days ago) but haven't heard of IBIT.

Last_Explanation9105

VBTC in ASX, IBIT and FBTC on WallSt. (via SMSF)

Upstairs-Dog-5577

What if you get actual Bitcoin for long term saving. But IBIT for short term investing for tax benefits? I feel the tax situation in many areas of the world is a valid reason to go for Bitcoin ETFs.

ChiChiWana

another alternative: do that, then sell ALL the IBIT and proceed to buy BTC!

VladSoJajca

sell IBIT, get yourself a MacBook, download a wallet and get some actual BTC

ElderMight

That's not what your post says. Directly addressing your question I would buy MSTR, not IBIT. IBIT charges you a fee for the privilege of buying Bitcoin for you. Over time, that could add up to tens of thousands of dollars, if not six figures in fees. MSTR does not charge a fee, and they are likely to become the most valuable company in the world in the future.

Abundance144

I would go with IBIT, MSTR is more of a play on Strategy somehow innovating on their companies future using Bitcoin than it is on just Bitcoin. The leverage they had in the past seems to have disappeared.

BeefyMcNasty6999

Don’t have any MSTR. point of this post was debating if it was worth starting a position it or buying IBIT instead

BeefyMcNasty6999

Would be in an IRA. The question is more IBIT or MSTR

Vinyyy23

I am finally able to buy it for clients. All clients who I manage their money on a discretionary basis I bought the IBIT bitcoin ETF. It owns spot underlying so closest thing to real BTC. Everyone is up 15% or more now, but happy to finally be able to get them invested with it

reggie_crypto

Easy, buy IBIT and sell OTM covered calls weekly, you will earn more than 12%. If they get called away sell ATM puts 

Additional_Thought_5

So what happens when all bitcoin are mined and nobody wants to sell. Will Blackrock still be selling the IBIT etf?

Squirmme

Mstr is a stock and msty is an etf that follows mstr. Avoid those for now Stick to IBIT, GBTC, FBTC. For eth, FETH, ETHA. These are solid ETFs. You only need 1 of each type. Pro tip: when you start looking at etfs that track spot price, you need to look at 2 things: fees and nav. Fees are just what they charge you just for owning it. Nav is essentially how far the price of the etf has deviated from its true value when compared to spot price. The ones u listed are safe from bad nav so you’ll be fine

madarasolosnaruto

Thanks I might go with just etfs, I’m 18 so I have time. Do you recommended the basics: MSTY, MSTR, IBIT? Any other suggestions are helpful thanks brotha

madarasolosnaruto

Thanks I might go with just etfs, I’m 18 so I have time. Do you recommended the basics: MSTY, MSTR, IBIT? Any other suggestions are helpful thanks brotha

Golden1881881

Thanks. Got rugged hard with Yield Nodes, then took what I had left and got into AERO WETH leveraged LP in Extra Finance, went 4x when it was about .03. Slowly sold during the run all the way to $1 or so. Sold into WETH msETH LP on aerodrome, and was farming at about 8-12% for a while. Then after the tariff swings, sold when it got back to $2200-$2300. Moved it into a brokerage and held IBIT, selling CSP on ETHA and CC on IBIT, which hasn’t been called away yet. Very conservative. But about 75% of the $ is in cash, some used as collateral for selling CSP’s. So it’s not totally a 0 sum. Also caught the BMNA run this week with shares. Playing with a little fire but mostly missed the ETH run 🙃 couldn’t risk having ETH stuck for some reason in a ledger. Been writing checks now to build, but damn it would have gone a lot fuether if it was two months later

critterdude311

This or selling IBIT puts. I kind of like the put strategy because I'd be willing to buy more at pretty much any price declines. And if not, I get to capture the premium. Win/Win in my book.

tetherbot

I think that if you’re willing to self-custody, it hardly matters which platform you use because your money and bitcoin will only transiently be on the platform. If you’re not planning to hold Bitcoin in a hardware wallet and simply want exposure to its price action, then the ETFs like IBIT and FBTC are probably safer than leaving them on any exchange.

stories_from_tejas

It’s true, the numbers of portfolios without crypto is over 90%. If you imagine the money that will change hands over the next decade, 30-50 year old investors adding 5% of their portfolios on IBIT by 2035 would probably spike Bitcoin past 500k. It’s very early.

ModifiedVolumeKnob

I own 20 shares of Microstrategy (yes, I still refer to them by their original name).....Mr Saylor is just TOO NUTTY OVER BTC for me to ignore. I've still got over 1 BTC on Coinbase and 200 shares of FBTC. I also recently started buying IBIT just for the fart of it. I'm a BTC crab with multiple legs.

wkw3

And yet, Harvard just bought $100M of the IBIT Bitcoin ETF.. You must know something they don't.

StackingSats1300

For my kids, we have the cold storage - but I don't want them to sell that ever.. so we set up a small custodial account through our brokerage filled with IBIT and MSTR. They can sell that to do whatever.. and when a bit older get access to the real stuff.

barfalloverewe

BITB is the best choice. Lower fee, 0.2% BITB vs 0.25% FBTC or IBIT And they give back a little to BTC developers.

sogladatwork

Crypto etf? I read that it was IBIT.

Automatic_Vast_1858

Do you prefer IBIT or FBTC?

acorcuera

IBIT

flossanotherday

All they have to do is offer IBIT , thats just a configuration setting on all plans.

rice_otaku

Don't do this. At the *very, very least* see if you can use brokerage link (fidelity) to buy IBIT or FBTC so you're not paying interest on a loan.

ILovePinball68

I would imagine so, but public sectors do not have access to FBTC nor IBIT. Example is TSP that is managed by Government agency.. your only provided a collection of pre-selected asset risk exposure. This new executive order will open the flood gate for those with these accounts to acquire BTC. How? I’m not certain. Not certain how many other sectors are not exposed to FBTC or IBIT.

Philbot_

Doesnt everyone who wants BTC in their 401k already have FBTC and IBIT in their 401k?

AccomplishedView4709

Invest in crypto funds such as IBIT instead would be better for most 401k account holders. Crypto is too risky for most people especially if you don't want to actively take care of your account. Fidelity has brokerage link account allow buying funds like IBIT in the 401k account already.

didnt_hodl

IBIT is like $60 per share. not too hard to pick up a few shares, is it? might make sense just to get some in case it catches on

BitcoinBaller420

I couldn't find the text, just rumors. Speculating wildly, it might force brokerages like Vanguard to open up IBIT etc access to their customers. Their are still some big ones that block buying bitcoin ETFs from their customers. If so, obviously very bullish for demand.

ReliantToker

Buying IBIT Jan 2026 calls

Over_Reputation_8801

Sell your coin and buy IBIT. List your beneficiaries in your account settings. Boom. You're done.

DegenDreamer

So if I'm holding a bunch of IBIT shares in my retirement account that's somehow not my wealth? Please explain.

Good_Extension_9642

Hmmm I buy IBIT in my 401k, Roth IRA and HSA

Savya16

One of them is me. I recently started accumulating IBIT in my 401K account since this was the only reasonable way to have any Bitcoin exposure there, with low fees. I highly recommend others do the same. If your 401K provider doesn’t directly offer BTC Funds or related ETFs, research how you can transfer funds from your traditional 401K to a Self Directed Retirement Account.

Suspicious-Kiwi123

Isn't IBIT an Index Fund wrapper for BTC? Meaning this is not really Blackrock buying BTC, but customers buying IBIT (which holds BTC).

redhtbassplyr0311

That's not Blackrock, that's me and everyone else out there. I buy IBIT every 2 weeks.

billocity

Coinbase holds all the BTC IBIT keys.

BitcoinBaller420

It won't take $160b to hit that number. Probably in the $50b to $80b range. Still a lot, but much more plausible. FYI - You might be able to hedge this by buying call options to lock in a guaranteed return. You'd probably have to put the trade on for larger size though. You're getting downvoted because many here hate trading, but your logic is reasonable and your bet sizing is reasonable. It would not be surprising at all if RobinHood had a mispriced retail market. Look at options prices on IBIT and you may convince yourself this is / is not what's happening. Good luck.

sogladatwork

It's a circlejerk. They're not convincing anyone. Focus instead on investment subs like r/etf. I always encourage young investors to get a small percentage into IBIT of FBTC as a hedge.

boyWHOcriedFSD

Market movers have major synthetic longs in IBIT and other crypto related stocks/ETFs with September timing… they are planning for something big to happen between now and end of September that will cause major fomo and buying… I would take the over, personally.

CheeseWeezel

Yes, I'm holding IBIT, so the calls are covered. The calls expire 8/29, 9/5, and 9/12 - each at 20-delta. I'm playing conservative as I don't want to cap my upside more than I have to. I collected about $200 in premium for that. Odds are VERY high these expire worthless and I'll keep the premium and my shares of IBIT.

Financial_Design_801

This is why I hold a tiny bit of IBIT calls, never touching my stack

CheeseWeezel

I'd be forced to sell 300 shares of IBIT if that were to happen before September 12th, lol.

malignantz

Personally, I'd put it into my pre-tax 401k to get the tax benefit. You'd still have the option of investing those funds in $IBIT or $FBTC, so you'd get the tax benefit and have the Bitcoin.

BigB69247

With the dawn of IBIT, FBTC, and more and more....you will see a constant growth in the value of BTC. Just like the S&P500 when 401Ks were invented. The S&P500 exploded when 401Ks were invented and everyone was putting $ into the fund bi weekly. With the constant, consistent investment into those funds, the value will go up. And now that Trump wants 401Ks to be able to access crypto, REITs, Hedge funds, the sky is the limit.

TooFewTulips

Unchained facilitates Bitcoin Ira where you control the keys. Annual fee can be less than the expenses on IBIT, FBTC depending your holdings.

Proper-Chemical-8764

Great scoop, OP! BlackRock’s IBIT inflows hitting $5.17B in July alone show institutional money is flooding in – that’s over 5% of BTC’s market cap! With SEC’s recent reg changes, this could accelerate tokenization. Is this the tipping point for mainstream adoption? What’s your take on VOO vs IBIT long-term? #Bitcoin #ETF”

Graybeard_Shaving

Again, IBIT in a brokerage account with one of the large brokers solves every single valid concern you have around the exchanges. All the invalid concerns like “de-banking” or “government default” are just political grifts that should be dismissed out of hand.

enterprisecrypto1701

Balance transfer credit cards. Use them to move cash into either your credit card or directly into your bank account if allowed (some allow this). 0% interest rate for 1 full year. I have 3 credit cards and borrowed about $40k a year ago to buy IBIT. Now I can pay off the credit cards in full with the proceeds, starting next month. I expected I would be safe post-halving, and I was correct. Next step: rinse and repeat. I also plan to refinance my mortgage as that is the lowest borrow rate you will get. This only works though if your home has increased in value since your last mortgage renewal or refinance.