IBIT

Pleasant-Ad144

Tech illiterate is a bit harsh lol. Thanks for the advice though. Thinking IBIT might be the way to go for me. Downside is gonna be taxes! I will have to liquidate PayPal account

thupkt

I moved from online exchanges trading the actual coin to ETFs on Wall Street, because I don't want to own BTC all the time, it spends a lot of time chopping around while I could swing trade the cash on lots of other stuff. IBIT is a good solution for someone in your situation - BlackRock is obligated to back your IBIT shares with long BTC, and you don't deal with a cold wallet or PayPal's potential future shadiness.

Pleasant-Ad144

Maybe I move it all into IBIT. But I am not familiar with tax implications when I take the money out of PayPal. Up like 60% on it and don’t want to pay income tax on that.

eopif

Do you pay more than 1% spread when buying ETF? eg $IBIT. Is the spread baked into the price?

Striking_Aspect_1623

IBIT has been on the nasdaq since jan 2024

Frequent_Optimist

259M BTC inflow today. Majority into IBIT.

KiNg-MaK3R

I have a number that I want to get to before retirement and that number is in amount of BTC. I have IBIT in a 401k also and I consider that part of my stack and I convert it into BTC (even though it’s shares)

DonnieDarko4242

Don't believe the hype about "not your keys not your cheese". Here's why: When somebody buys a share of an ETF through Vanguard, Schwab, etc, as an example, that person becomes a shareholder with full legal ownership of a portion of the fund's assets. That ownership is protected by regulations, most critically, a separation of the fund's assets from the managing company. Those same protections apply to owning FBTC, which fidelity backs 1:1 with actual bitcoin they hold to back your funds. Massive investment institutions aren't some fly by night alley scammer "oops, we stole your bitcoin and deleted your ETF shares". People lose bitcoin all the time via forgotten passwords, scammers, etc. I will challenge anybody to assemble a list of incidences where people with IBIT or FBTC have lost control of their assets. It doesn't happen. Could there be a scenario one day where random institutions just say "oh we sold your apple stock you can't do shit, not your stock not your cheese" but we're talking about complete breakdown of law and economic system, in which case your best investment is actual cheese. And shotgun shells.

ExcellentWolf

If you seek a way to leave Bitcoin as an inheritance, the easiest way, not necessarily the best way, is to buy ETFs like IBIT or FBTC. Don’t forget an up to date will. That said, perhaps start your own journey looking into self custody of Bitcoin at some smaller amount. When you have gained confidence and understanding, pass that knowledge onto your daughter. Get her started holding Bitcoin. Then you could better leave her an inheritance based on Bitcoin. Just the fact that you have to ask here leaves me thinking you should start with ETFs if Bitcoin is your desire.

billocity

Coinbase is the custodian for IBIT. Blackrock does not hold any keys for its ETF.

papa_autist

I am considering an ETF for future allocations and checked up on Grayscale BTC just now. While the expense ratio is 10 basis points lower, the options liquidity unfortunately doesn't compare. Grayscales BTC open interest and volumes, for example, a month out and .3 delta, are in the tens while IBIT's are in the thousands. I think I'd have to pay the 10 basis points difference for that kind of liquidity, tighter fills selling calls would more than make up for that.

Automatic-Pie-5854

Do Both. Utilize tax advantage accounts (IBIT or FBTC in Roth). Then buy real BTC as well, where you can hold in self custody. Don't under estimate tax free gains in a Roth.

Own_Sky9933

I use as many of the tax advantaged options as possible. although you may want to split the holdings between FBTC, IBIT and the Van Eck ETF so you have diversified custodial risk. I haven’t done it yet but also going to look into the Fidelity Crypto IRA options. But yea I own the Bitcoin ETFs in my HSA, Roth IRA, Traditional IRA and Solo 401k. Once you get to a certain level of wealth in Bitcoin. Self custodying everything is kinda crazy. Lots of potential failure points that could completely whipe you out or the ones you wish to inherit the Bitty.

NOneHOne

I'm trying to do the opposite LOL. Just max out the Roth with IBIT and then put away more in your cold wallet. That's what I've been doing since the ETF was released.

We_DemBoys

Do people in this group consider IBIT as having BTC?

Solnse

I've got both IBIT and GBTC in my Roth. I don't think Blackrock is going anywhere.

pablo_in_blood

I think in a scenario where they confiscated bitcoin, being diversified in IBIT or whatnot (which is closer to government control and thus likely to be the ‘legal’/‘mandatory’ form of bitcoin people are ‘allowed’ to have in such a scenario) would actually protect you, rather than make you more vulnerable. But I also don’t think bitcoin banning/confiscation is anywhere on the horizon unless there is a major, major political shift

Ill_Turn6934

I’ll play devil’s advocate: the tax free growth is not taxed but I don’t want to buy stocks so I’d buy a BTC etf like FBTC or IBIT. But I worry that the government could confiscate it like they did to gold once before (and other countries have had similar issues such as Cypress not that long ago). If I put the same amount of money into BTC via a cold wallet, perhaps I could take out a loan against the BTC in the future; there’s interest but no taxes on a loan. Thoughts?

doubledeuce80

Contribute to Roth and buy IBIT or FBTC. If you account doesn’t allow see if you can transfer out to a different Roth IRA

Tasty-Load-9782

Yeah, appreciate the heads up man. I know that ETNs don’t actually back their assets which is unfortunate. I looked into them further and found WXBT allegedly do hold BTC in cold storage, with a certain allocation for each share, so thought they’d be ideal but, the recent news of Blackrock trying to put IBIT into the UK has me thinking I’ll probably hold off on WXBT entirely and just buy that when it comes out since it’s actually easily auditable through their known wallets and such. And yeah, the stacking BTC outside of the pension is what makes me think maybe just MSTR and no BTC ETF, but at the same time I think BTC is king over all in terms of risk reward ratio. MSTR I still really like but it’s just got the added risks of having a CEO (death or unfavourable personal news), but I do really like Saylor and I’m not one of these maxis who thinks it’s a ponzi, just a solid leveraged bet on the best asset in the world, more risk, more reward and that. I won’t say what I stack each month or how much I have ofc, but I’ve continued stacking through up or down. I used to care when I was in alts, but since full BTC only, I’m happy if it goes up, happy if it goes down, and I’m almost happier if it goes down and I have spare cash hahaha. But don’t worry older me, I have some of the highest conviction of anyone I see in this space, even when ridiculed and laughed at by friends and family. I’ll be stacking, up or down, til I can’t stack no more. I got us older me, WGMI ;)

cookiemonster1340

Have the IBIT fund on Fidelity

isBecause

assume they mean they have FBTC and IBIT but are buying BTC separately and moving to cold wallet

thupkt

AKA he's a short call mark for your long IBIT shares

Ill_Turn6934

Didn’t withdraw but moved it all to fbtc and IBIT. Separately stacking in cold wallet

CheeseWeezel

I understand the desire, but between the withdrawal penalties, and the loss of tax advantages, you’re going to be paying a lot of money to the government for no reason. Invest in IBIT in your retirement funds, and enjoy tax free growth. Invest in BTC outside of that too to also gain exposure directly to Bitcoin.

cookiemonster1340

I get that. I too just rolled my past employers 401K into IBIT. Not allowed to roll present employers $ to a fund hosting Bit. I think I have the potential of gaining more purchasing power investing in Bit than working, where I to invest 100k in IBIT than working the next 11 years.

Reasonable_Band1536

I borrowed against my awful retirement plan and threw the max allowed directly at BTC. Please remember that purchasing shares of IBIT and FBTC are not the same as owning BTC.

paintedfaceless

BITB, IBIT, and FBTC exist :)

typoerrpr

if they tokenize IBIT we would have come full circle

2pleez

$BITO, underlying stays about flat but close to $1 MONTHLY dividend. $IBIT if you wanna play ups and downs of BITCOIN. Tight spreads on the options as well.

Professional_Bed_987

I'm 4% Bitcoin as part of a well-diversified, uncorrelated risk-parity style low volatility portfolio. 42% Global Stocks, VT 26% Global Bonds, BNDW 16% Gold, GLDM 10% Managed Futures, DBMF 4% Bitcoin, IBIT 2% Cash, BIL

whiskeyH0tel

You can buy options to have exposure during the transfer window. IBIT has better options than FBTC

Lartsatan

IBIT ETF shareholders hold promises that Coinbase will sell the bitcoin when Blackrock says so and pay in dollars to the shareholders.

stellarfirefly

As an aside: This is also one of the reasons some people opt to purchase Spot ETFs, for example IBIT, instead of the underlying tokens, in this case $BTC. An ETF is a traded security, and therefore it is covered by SIPC insurance.

eopif

I know $IBIT has a .25% expense ratio. Does it include spread+fees from Coinbase?

neiped

IBIT ETF holders now hold $87 billion of btc

SmoothGoing

If you want to cash out you need to sell. Withdraw is something you do with your bitcoin when moving it out of exchange to your own wallet. Or when moving your cash out of an exchange to your bank. Withdraw means move out, it does not mean sell. Hardware wallets are still the best option. Do not reveal your backup under any circumstances, no matter how scary or official they sound. If you don't want to deal with bitcoin at all buy a bitcoin price tracking ETF, like FBTC or IBIT, in your stock account. And you don't have to do tax gains maths and reporting yourself.

DonnieDarko4242

Some say there is data and evidence supporting this happening now. Look at the overnight and weekend prices closely. The ETF market is growing rapidly. A large portion of those investors cannot move money after hours or on weekends (for instance, if you buy IBIT through Schwab). There are now bitcoin holders who can trade at ANY time, and those stuck with ETFs on traditional entities like Schwab, Vanguard, Fidelity, whatever, who cannot react to market shifts overnight. But they seem to OVER react slightly, on the opening bell. If you look at the data very closely, patterns emerge. With enough money, even very small rotations can make lots of money. It would require frequent very trading to make it wildly profitable, though. Maybe.

HoldOnforDearLove

I'd say Strike at this point. They just made direct deposits free. I've been in your situation, I had a large sum coming in six months in the future. To cover myself against BTC spiking (which it proceeded to do) I bought call options in advance so I locked in the amount in advance. Worked out well for me. Unpopular opinion: You might also buy into IBIT (BlackRock's bitcoin etf) via your broker, there are IBIT options available in case you want them.

gamedawgs

0% (but I do put a % to IBIT and GBTC)

Infidel447

I have FBTC too, and am happy with it. They are also the only BTC ETF that custodies their own BTC. Even IBIT doesnt do that for now. Plus, they have been involved in crypto for years so thats a plus. Also, as you point out people have lost on the exchanges and I dont think thats the last time that will happen.

Sector__7

How would they know your net worth? This doesn’t make any sense, if you rented and had a portfolio of $50K and then bought a house with 20% down you’d have to sell all of your IBIT as you’d now have a negative net worth? You then couldn’t buy any IBIT for decades or until you have a positive net worth?

Fun-Air-4314

No. 8 for me mainly. Also my brokerage allows IBIT but only a max of 30% of my networth - so if I want to trade options but also have BTC exposure, I'm looking at 70%MSTR, 30% BTC. Not ideal and I'll hourly find a way to move it all to BTC at some point.

No-Pepper6969

You buy IBIT or FBTC then use margin loan from brokerage to loan against them. I have 50% LTV at 7.5% at mine.

Wooden-Passenger1305

What is ETF allocation, like IBIT? How do you get a loan from ETF?

zzseayzz

Yeah, Im mainly just hold the non-IBIT into the next Bitcoin move up.

Fun-Air-4314

I'm personally 50/50 MSTR and pure BTC (wish I had access to IBIT). But waiting for a good exit opportunity from MSTR to switch to 100% BTC. There's just nothing like an asset with basically no counterparty risk.

Direct-Gazelle7986

BlackRock does not own bitcoin directly; instead, its iShares Bitcoin Trust (IBIT) holds Bitcoin as assets under management (AUM). These Bitcoin holdings represent Bitcoin's value held by BlackRock's fund on behalf of its investors. As of mid-2025, this trust holds a significant portion of all Bitcoin, making BlackRock a major player in the cryptocurrency market. in short they haven’t bought any, their customers have.

420osrs

Hi person from Canada.  I have no idea and I don't want to tell you wrong information.  Talk to someone in Canada about this. For me, yes, I have IBIT in my retirement account that is tax deferred. However I am from USA so I don't have the same tax rules as you do.  Canada had ETFs approved before we did, so you are probably more progressive on this than we are. But definitely talk to someone there who knows. 

Vilan-Kaos

Buy IBIT by selling puts, get assigned and then start sell covered call against it. Now you can make some $ whilst hodling.

ReliantToker

Well then it will pick up my other one at $113,600 near the break out 🤷‍♂️. It's profit from IBIT calls anywayz

Acceptable_Can3285

Both have pros and cons, hence I own both about 50/50 in my BTC portfolio. IBIT - Be able to use margin - Ease of trade and low transaction fees - Be able to write options against it for supplementary income - Maintenance fee - not your keys, not your coin kind of thing BTC - Your coin in your cold wallet - Also possible to make extra income through staking but not as much as writing options - No maintenance fees - High transaction cost - No margin or extremely high cost to use leverage

ReliantToker

I have some in IBIT. But only to use a bit of margin to pump the stack size a bit.

_room305

This doesn't count if you are "investing" in Bitcoin through MSTR, IBIT, HOOD etc etc. Not your keys, not your coins.

HersheyHimhe

Can’t you just buy IBIT?

inspron2

“Yeah I got some IBIT. You should too”

Digital_Scarcity

Volatility is dying partly because there are now deep liquidity options contracts available via IBIT. Options always will suck the volatility out of any asset. In order for bigger moves, we need greater and greater liquidity into BTC, which at the current market cycle isn't happening yet. Maybe after a few rate cuts and more nation + corp adoption we'll see heavier ticks up and down... Maybe not. I'm not sold on the permanent diminishing returns thesis people are pushing, mostly because global BTC adoption is apparently around 3%. Which is 1990's internet infancy.

No_Toe710

Agreed the CAGR makes BTC loans a no brainer. The lumpiness of that CAGR aka volatility. Is why I (I) rely on cheap margin during the down periods and (II) always hold native BTC worth more than 2x my margin balance (IBIT) in cold storage.

No_Toe710

Do you hold 100% native BTC or a mix of IBIT and BTC? I hold both 50/50 and keep the BTC in cold storage until I want to pay off my IBIT margin loan. This lets me borrow against IBIT (margin rate around 6-7%) excluding the 1 week periods I utilize a BTC loan to pay off margin + reset equity base in my brokerage account. As soon as equity resets and margin capacity expands in the brokerage account (IBIT) I withdrawal enough to pay off the expensive BTC loan, and buy more native BTC.

KiNg-MaK3R

I buy a small amount each month, whatever I have extra from my monthly expenses. Also yearly whenever I get a bonus, whatever my take home amount is, I put half of that into bitcoin immediately. I also have a portion of my 401k in IBIT. I’ve been doing this for years. I can safely say this has been the best investment of my life.

biba8163

It's not a dividend fund, it's allowed to hold crypto. Fundstrat has actually filled a for 2 new ETFS including a dividend fund recently. Will Lee include some ETH there? We will see. **Blackrock ITSELF has been buys IBIT as a part of of asset allocation in its model portfolios.** and the Global Allocation Fund is one of them. *Of course, investors are the ones who put money and invest in it's model portfolios but Blackrock are the fund managers who choose what to invest in and the asset allocation.* Blackrock active fund managers are buying and choosing to allocate a percentage of holding in these funds to Bitcoin. > In a note, Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite wrote: *"In portfolios that hold alternatives, we are adding a position in Bitcoin, funded from equities as an additional alternative asset with a fixed supply, with a potentially diversifying source of risk and return."* > **"We believe bitcoin has long-term investment merit and can potentially provide unique and additive sources of diversification to portfolios," Gates wrote in his note.** https://www.etf.com/sections/news/blackrock-adds-spot-bitcoin-etf-ibit-model-portfolios

2shyofa3sum

I don't think I should need to enlighten you as to how corporations are structured. You're on your own there. Again, are you saying that Blackrock has custody of all the BTC they hold for buyers of IBIT? That they could just run away with it tomorrow?

_room305

Are yoy telling me that the investors that bought MSTR shares and IBIT actually own the bitcoin? Do they have it in their own wallets? Where do they own it and how can they take it out to use it? Please enlighten all of us.

biba8163

> He can’t allocate to his own funds due to conflict of interest legal frameworks. You're just making stuff up. - Blackrocks Global Allocation fund holds their own IBIT BTC ETF - ARK Invest's ARKW ETF holds ARK's own BTC ETF He could easily hold an ETH ETF in the Fundstrat ETF if he was really bullish on ETH.

biba8163

If Tom Lee was genuinely bullish on ETH, he could easily allocate a part of Fundstrat's ETF to an ETH ETF like ETHA. He chooses not to. Blackrocks Global Allocation fund holds their own IBIT BTC ETF: (click holdings and search for BTC): https://www.blackrock.com/us/individual/products/227680/blackrock-global-allocation-institutional-class-fund ARK Invest's ARKW ETF holds ARK's own BTC ETF: https://www.ark-funds.com/funds/arkw#hold

harvested

I just checked, QQQ is 12% IBIT 17% 😅

No-Pepper6969

I tend toward FBTC as they self-custody. I split with IBIT for diversity and also MSTR for a little leverage. For DIV i'm trying MSTW which has crazy payout right now and safer then selling Calls.

Opinionator2000

Just buy IBIT. It's Robinhood, so you can probably buy a couple of shares and it's no big deal. You're owning Bitcoin but in a much easier way. I wouldn't bother trying to buy actual Bitcoin and all the hassle of trying to have a wallet you have to secure.

PlanNo3321

I wish I had more than 3 options for my 401k… can only do IBIT in my Roth IRA

LeonardoDePinga

I just put my entire 401k into IBIT.

harvested

* actual bitcoin, not fucking IBIT.

OkDiver6272

Cash out half of my IBIT call options for 20x return.

TheShowtime7

Get FBTC they self custody their own Bitcoin, Coinbase holds BTC for IBIT.

3Puttz

Sell my IBIT calls and convert them to FBTC.

BitcoinBaller420

For sure. Blackrock's IBIT is the market leader in liquidity, but Fidelity's FBTC is #2 and also a great choice. Good luck to you.

ASFx

Depending on your reasons for buying BTC you might also consider the ETF option like IBIT or FBTC. No huge spread on those like there is on fidelity’s crypto account. And you also borrow against the bitcoin ETFs just like you can with other stocks and ETFs.

PlayImpossible4224

IBIT and chill.

Electronic-Year4598

Yeah, really this should not be a thing if one has self-educated thyself on this topic. Tip #1: always always have a cold wallet if you are serious Tip #2: trading IBIT is always cheaper than trading crypto on short time intervals #3: what is the only way to keep absolute security? Don't keep your codes on any thing that can be accessed by the internet. This means phones, PCs, and tablets are contraindicated. #4 Solution.... Can't be paper; its too fragile. Can't be wood; it burns in a fire. Can't be a laser-disc CD-ROM; it's lifetime is 5 years. So we need something that is not affected by weather and doesn't degrade.....ANSWER: stainless steel metal cards; with 24-pass keycodes punches with a hammer and chisel (they sell them on amazon for $40). This is how you backup your codes? Need more protection? Backup into 2x separate 12-passkeys with separate geographic.

No-Pepper6969

Reading you, It is a pretty good thing your IBIT are stuck there. You'll find out the hard way

didnt_hodl

if you have a brokerage account and keep it there as IBIT, then it is all taken care of oh, and it also protects you from the $5 wrench attack and no need to worry about the seed phrase or anything like that I know, I know, NYKNYC, but for many people spot ETF is a great solution

Chance_Strategy_7777

Nothing wrong with owning IBIT but I would only do that in a retirement account, not a taxable account. The cash you’re putting into a brokerage account is better suited to just buy BTC.

Dettol-tasting-menu

Well done and congrats! Bitcoin in your cold wallet is freedom bitcoin, while bitcoin in your IBIT custodian (Coinbase) account is locked up bitcoin. You’re right if you want to free your jail cell coin you will have to 1) sell your IBIT, 2) wait for settlement and take profit (if any), 3) set aside CGT amount (ouch), 4) send cash from ETF broker account to bitcoin exchange, 5) wait for exchange deposit process, and then finally 6) buy real bitcoin. Since it needs to go through the whole tradfi banking process, it could take days, and market could move significantly during the fiat transit, and the CGT will eat into your total stack too. That’s the price to pay for the “convenience” of ETF. If I were in your shoes I would just leave the IBIT untouched, but only stack real sats from now on. Once the sats get locked up in ETF the effort required to free them again is high and often not worth the trouble, better stay away from ETF from the beginning, provided that you have the technical capacity of self custodying. You have definitely made the right decision of buying real bitcoin, let’s stack real sats from now on. Good luck!

Moldovah

Do you have a brokerage account? Just buy the IBIT ETF.

roughrider12321

Gotcha! Welcome to bitcoin then! Kraken is an exchange that has cheap fees and has been around a long time. I bet you can find youtube videos to walk you through setup. You have two options. 1) let a “trusted” custodian hold your btc for you… coinbase, or $ibit the blackrock bitcoin etf. IBIT is backed 1:1 and has applied for spot redemption too. For many newcombers this is a great service and makes the process a lot easier to start but isnt truly owning bitcoin. 2) but from an exchange like kraken (i use cashapp limit orders for a lot of my dcas) and then transfer to your own private wallet (preferably something like a trezor or other hardware wallet… something else to youtube). Never buy those from amazon or anything other than direct from suppliers

Rando1ph

I sold everything, just now. I think 120K was the top this cycle. FYI I bought in at around 23K in Feburay 2023 and have held it since, right at half a bitcoin. I also bought in, in my IRA with some fairly big money with the IBIT index fund. But it was too late in the cycle, I was up about 15% when I sold, but it is what it is. I think I might have been better off if I had left it in VOO, but 15% isn't so bad. I was fully expecting to see $200K this cycle, but this double top took all my nerve away. I still have all my alt coins, don't think we've seen that market top yet. Maybe I'm wrong about the Bitcoin, I'm definitely going to keep an eye on it. If it starts to go to an ATH again, I'll buy back in and attempt to ride it up. But I'm generally a hold-for-a-while kind of guy, so unless something drastic changes. Chancs are I'll wait until the fridged cryto winter to bottom out, and buy in again. Good luck to you all.

Rando1ph

I sold everything, just now. I think 120K was the top this cycle. FYI I bought in at around 23K in Feburay 2023 and have held it since, right at half a bitcoin. I also bought in, in my IRA with some fairly big money with the IBIT index fund. But it was too late in the cycle, I was up about 15% when I sold, but it is what it is. I think I might have been better off if I had left it in VOO, but 15% isn't so bad. I was fully expecting to see $200K this cycle, but this double top took all my nerve away. I still have all my alt coins, don't think we've seen that market top yet. Maybe I'm wrong about the Bitcoin, I'm definitely going to keep an eye on it. If it starts to go to an ATH again, I'll buy back in and attempt to ride it up. But I'm generally a hold-for-a-while kind of guy, so unless something drastic changes. Chancs are I'll wait until the fridged cryto winter to bottom out, and buy in again. Good luck to you all.

5dollaryo

IBIT

yldf

Sell IBIT put contracts until you got assigned on 7 contracts (buying 7 contracts worth of IBIT outright is more like 42k, but getting 2k back in premiums should be easy…). If you can’t figure out the fee structure of Coinbase chances are self-custody isn’t the right choice for you, and ETFs are probably the best choice here. If you really want self-custody: what are you doing about security, especially the backup part that ensures you won’t lose access to your Bitcoin…

dragunfire03

How do you force the price down without having bought any of the underlying. They could naked short IBIT but the way btc moves that's a losing trade and they will have to cover it at some point which woyld mean a ton of buying pressure. If they are or if they arent, the answer to either scenario is consistent accumulation.

Kyrptix

So my Bitcoin exposure is basically just through IBIT. So at least I'm able to sell covered calls a bit. But I'm curious if anyone knows what's driving this downward movement? I assume this is normal movement for something so volatile but unsure if it's something more. So I'm not selling.

unthocks

IBIT isn’t Bitcoin. You can’t withdraw it, spend it, or self-custody it. You don’t own BTC — you own a promise from BlackRock. Not your keys not your coin. Sure its a hassle, but its 100% worth the hassle. Just matter of learning and applying

House6ix

Someone tell me why owning the largest ETF in the world - IBIT is a bad move? Are you telling me I’ll wake up one day and that $83.7bn of bitcoin will have been hacked from Blackrock?

biophysicsguy

I agree on not going all in but I would start the DCA now. Nobody knows what things will look like going forward. If we start to see nation state adoption, more institutional adoption, and people putting IBIT into their 401Ks we may never see these prices again.

global_hodl

I have IBIT and MSTR and I write covered calls on them to accumulate more

New-Ad-9629

Just open a stock trading account, and invest in IBIT (bitcoin) and ETHA (ethereum) every month.

dragunfire03

One or two days usually; also not sure if i misunderstood the wording, but just because btc moves up in price doesn't mean the etf has to buy more. Only when more money buys shares of the etfs than sells shares. So if in a day 10 million IBIT shares are bought and equally 10 million shares of IBIT are also sold, this nets out to 0 inflows and Blackrock wouldnt have to buy or sell any btc.

Impressive-Oil8042

One of my RAs is 100% in IBIT as well, although its onky 27k

Disastrous_Sell_7289

75% of my retirement is in $IBIT, the other 25% is in $SHCG. I’m 27m.

stories_from_tejas

Just doing some chat gpt on this topic: “For younger demographics, especially millennials, having $100K in liquid assets remains very rare—less than 2% in typical checking and savings accounts” So for a typical crypto investor, which I assume is millennial, less than 2% could even afford one Bitcoin. IBIT shows lots of investors from various age groups do want a piece of the action though.

MythicMango

all in IBIT because they allow cashing out in BTC which is what I plan to do at retirement