IBIT

AD_rumors

Just curious, if just looking for price appreciation why not BTC or IBIT in a brokerage. Seems like it's easier to cash out and more convenient. Now if you're planning to buy something using your wallet I get that.

rechtim

IBIT from blackrock has the longest track record but .25% expense ratio newly created MSBT from Morgan Stanley will have a .15% expense ratio FBTC is also available from fidelity matching Blackrocks' .25% ER

More-Ad-2831

You are correctly identifying your biggest threat (Operational Risk / Human Error), but your proposed solutions walk you directly into an even bigger threat: Systemic Counterparty Capture. If you move your BTC to Kraken or an ETF (IBIT), you are legally executing a downgrade in property rights. Under current commercial code (UCC Article 8), an ETF or exchange balance is not 'your' Bitcoin. It is a 'Security Entitlement.' You are demoting yourself to an Unsecured Creditor. If the custodian faces a liquidity crisis or a 'bail-in,' the secured creditors (derivative counterparties) have legal super-priority to sweep the pooled collateral. You get what's left. You are trading the risk of a lost seed phrase for the risk of institutional confiscation. There is a third option you are missing: You don't need an ETF; you need Collaborative Custody (like Unchained or Casa). It’s a 2-of-3 Multisig vault. You hold 2 keys, they hold 1. If you lose a key while living your nomad lifestyle, you aren't wiped out. The firm uses their 3rd key to help you recover the vault. But because they only have 1 key, they can never move, lend, or seize your Bitcoin. It solves your 'mismanagement' anxiety without surrendering your property rights to Wall Street. Don't trade atoms for paper IOUs."

MobilePenguins

I’ll get downvoted by some true crypto diehards but this is why I just use the stock market. MSTR and IBIT for example. Theres nothing to manage, no wallets to get hacked. You sacrifice self custody for well… no self custody! It’s managed by Wall Street for you. Can still buy and sell, can’t get rug pulled by the Nigerian Prince or a sketchy link. No seed phrase to lose.

BeginningMost6014

I'm very happy with IBIT on Fidelity... BTC in my Roth IRA is pretty nice...

BitcoinToothBro

IBIT. That's what I use.

Creepy-Ball-9787

Buy IBIT or BTC etf. Don't have to with crypto exchange bs. When they get regulated, then it might be a different story. A terrible experience with Binance was enough for me.

OkTrouble8723

Your MARA IV observation is spot on, 95% is brutal, eats up theta fast. IBIT at 50-52% is cleaner, but you're still paying up for that LEAPS structure. One thing worth watching: open interest concentration on IBIT and MARA options. Sometimes the smart money footprint shows up there before a big move, large OI building at specific strikes can signal where institutional hedges are positioned. I use [Coinlobster](https://coinlobster.com/prediction-whales) to track that kind of whale wallet activity and options flow data across both. Free for the core scanners

VaporFye

Just a thought if you buy $300k of IBIT it’s very easy to access margin on fidelity or Robinhood or whatever .

Stock-Courage-3879

There's rarely a perfect time to start and waiting for things to calm down usually means missing the move. Since you're used to ETFs the easiest entry point is probably a Bitcoin ETF. There are spot BTC ETFs available now that work exactly like what you already know. BlackRock's IBIT is the most popular one. If you want to hold Bitcoin, Coinbase or Kraken are good starting points. Just make sure you're not putting in more than you're okay watching drop temporarily because that happens and it's normal with BTC. Start small, learn as you go, and don't check the price every hour.

ArsenalOfCards

Only being slightly wreckless. Instead what I'd do if it was me. 2/3rds into a Roth IRA either in VOO or VTI. Then the other 1/3rd in BTC. Or if you're feeling extra spicy put that third into IBIT in your Roth IRA. Don't go all in on any single investment, make sure you diversify. At your age time is very much so on your side so diversifying into low cost index funds will give you far more upside and reduced risk than just BTC alone will.

Think-Sector-6329

yea, you're thinking about it the right way, but you my be adding too many moving parts. You BTC thesis can be right and the options trade can still disappoint because of timing, IV, and decay. Maybe keep BTC as the core position and treat IBIT LEAPS a small side bet. Feels like the cleaner move unless you're very confident on both direction and timeframe.

Opening-Berry-6041

Hey so like your whole approach to thinking about LEAPS for IBIT and considering the IV and halving cycles is honestly super next-level, have you ever thought about exploring how specific options Greeks might play into optimizing that strategy further even with the volatility?

Aggravating-Map-293

We are below the Rainbow chart. I don't know if it matters, but if you are in balls deep into IBIT things in the market are starting to feel weird.

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1s7l84p/morgan_stanleys_bitcoin_etf_just_filed_at_014/ Buried in Amendment No. 3 of Morgan Stanley's $MSBT S-1 filing this week: the fee is 0.14%. BlackRock's IBIT, currently the largest spot Bitcoin ETF in the world with \~$54 billion in assets, charges 0.25%. Fidelity's FBTC charges 0.25%. Morgan Stanley just filed to undercut every single competitor in the market on day one. Bloomberg ETF analyst Eric Balchunas' reaction: "Semi-shock." His colleague James Seyffart followed with: "WOW." These are people who track ETF fees professionally. That reaction tells you something. The strategic logic here isn't subtle. [Morgan Stanley Wealth Management oversees roughly $8 trillion in client assets and has over 15,000 financial advisors](https://news.bitcoin.com/morgan-stanley-eyes-dominance-in-bitcoin-etfs-as-its-low-fee-undercuts-blackrocks-ibit/). If they come in as the cheapest option, none of those advisors face an awkward conversation justifying why they're using a competitor's product. It removes friction at the point of sale across an enormous distribution network: one that reaches exactly the demographic still sitting on the sidelines: older, wealthier, advisor-guided investors who wanted Bitcoin exposure but weren't going near a self-custody wallet. Strategy CEO Phong Le ran the numbers publicly: a 2% allocation across Morgan Stanley's AUM would be $160 billion. That's roughly 3x the current size of IBIT. Even a 0.5% allocation starts moving markets. Launch is expected early April according to Seyffart. Coinbase Custody and BNY Mellon are the custody and administration partners. NYSE Arca listing notice already filed. All of this happening while Fear & Greed is in single digits and BTC is 44% off ATH. Every major piece of institutional infrastructure keeps getting built in bear markets. This is now the third time that's happened in this cycle alone. BlackRock spent two years building the dominant Bitcoin ETF. Morgan Stanley filed to undercut them on fees before their first day of trading. Welcome to the fee war nobody saw coming. *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.*

Darkerjev

You aren’t there yet young padowan. There is no “other stuff” I invest all my money into bitcoin or bitcoin derivatives like MSTR, IBIT, STRC, etc. There is only investing in bitcoin. There is no second best.

AmanCMN

Morgan Stanley 0.14% BlackRock (IBIT) 0.25% For institutions, that’s huge. Fees like that directly affect long term returns.

Rydog_78

Bingo. The biggest risk for these trad-fi companies is not having Bitcoin on their Bingo card. No one wants to end up like Blockbuster. Failure to see where the puck is going to be in 10 years could mean losing out on trillions of dollars. I think this is why Vanguard the knee earlier this year and open up access to a Bitocin ETF. After the over whelming success that BlackRock’s IBIT Vanguard needed to make a change at the top level. A CEO cannot survive making a financial mistake like its former CEO had done by rejecting the option to submit an application to the government to start a Bitcoin ETF. 7 other companies filed and well you know how that turned out for all of them. Now everyone wants a piece of those sweet sweet management fees.

-3229

Morgan Stanley's late to the party, their EFT will need to be much more attractive on terms than IBIT. Additionally, Strategy is going to eat their lunch🥪 STRC is a superior product.

HedgehogGlad9505

Take IBIT's prospectus as an example. There is a section of risk disclosure, "Risk Factors Related to the Trust and the Shares", "Risk Factors Related to the Regulation of the Trust and the Shares", "Risk Factors Related to Potential Conflicts of Interest" are all extra risks you won't have by self-custody. And they explicitly point out that their employees may cheat on you and you have only limited legal right to sue them. Of course it is unlikely to happen, but the risk is there.

EcstaticCell1511

Imo ignore the BTC purists that are all BTC in cold storage or nothing. There are many more people who lost their coins via mishandling via self custody vs centralized exchange collapses. The wild west days of MT GOX are over imo. Stick with FBTC or IBIT and you'll be fine.

HedgehogGlad9505

Yes. But the point is, it can be any exchange, and you can pick one on the day you sell. You trust the exchange for 0.01 btc and for an hour or so. ETF is tied to a company, and if Blackrock fails when you are holding IBIT, your coin is gone. You can't automatically turn them into FBTC.

Wolverine1850

I wouldn't call myself a wholecoiner if I only own the equivalent of one Bitcoin in ETFs. That said, I don't think it matters too much and is up to persona preference. Yes, self custody is superior, but there are some people that should not be custodying their own BTC, sorry. Holding in a retirement account and letting Blackrock handle custody risk may be best. Before a bunch of you rage at me, are you seriously comfortable with your grandma holding one Bitcoin in self custody on a hardware wallet, exposing her to wrench attack risk? I'm much more comfortable with her holding IBIT in her Roth.

Emergency_Scheme_670

crypto wrapper investments never end well. IBIT is barely year old, we have no long term data and have no clue how it can be impacted with regulatory change and a new political climate

FairBlamer

Dude you’re in the wrong here. The entire point of OP’s post is to transparently \*ask\* whether or not holding 1 BTC worth of IBIT is the same as “owning a bitcoin”. OP was abundantly clear in their language here: \>Finally purchased the \*\*equivalent of 1 coin\*\* via ETF.

Internet_is_tough

What a random reply! What does ark have to do with Bitcoin? It's an innovation ETF investing in company stocks. IBIT has tracked bitcoin with less than 0.5% difference on the day and 0% difference on the long run.

impliedinsult

Could Morgan Stanley clients already allocate to IBIT?

blackjackn

I dont spend it. If I ever need to or it makes sense (e.g. lots of profit and I want to pay off my house), I'll send it to an exchange. But maybe once I do, the landscape will allow a lot more ability to transact directly with Bitcoin. 10% of my stack is IBIT/FBTC. I'll liquidate some of that to get myself something nice eventually and let my brokerage track the cost basis for taxes.

wkndatbernardus

No, it's only a wash sale if you sell a spot ETF, like IBIT, and then buy the same ETF right away (before 31 days has elapsed). The grey area is whether we can sell a spot ETF, like IBIT, and then buy another spot ETF, like FBTC, without waiting 31 days. Some financial pros say that strategy is not a wash sale because they are different securities, operated by different companies, and some say it is because they both track the exact same asset. Personally, I solved this problem by selling some IBIT at a loss and then purchasing MSTR with the proceeds.

cepheids

Is it wash sale if you sell BTC but buy IBIT or FBTC?

Subject-Chest-8343

To be fair though, this never happened with BTCC, the other canadian bitcoin ETF... So no idea what happened here. I thought these ''non-cash distributions'' were mostly a REIT thing. You can also straight up buy IBIT in Canada, it is listed both in US and canadian dollars. We've had BTCC and EBIT since 2021, well before IBIT came around. They also both use cold storage instead of a Coinbase account, like IBIT does. Personally that's why I hold BTCC and not IBIT. >and should not scare you to hold a bitcoin ETF like IBIT. Best way to not care about it is to hold ETFs in a non-taxable account, of course.

fortinbrass1993

Sorry, may you explain LEAPS? What’s the difference between just holding IBIT? Thanks!

LetWinnersRun

I buy Call LEAPS on IBIT in my Roth IRA.

vikingpower89

You could at least roll with IBIT and sell some CCs. The volume is much better than FBTC.

ObjectiveJackfruit35

You can do both homie. Bitcoin ETFs are excellent investment vehicles for things like a 401k with company match. Every month my company contributes 10% of my paycheck, which I then use to buy IBIT. It's free money that I'm putting into bitcoin. And because I use a Roth, the taxes are already paid for. Nothing is preventing you from buying both ETFs and bitcoin on an exchange, like I do.

ObjectiveJackfruit35

Damn that sucks dude. For anyone else outside of Canada, such as the US, this shit does not apply to you and should not scare you to hold a bitcoin ETF like IBIT. Canada has some fucked up tax laws for ETFs, holy shit.

Backrus

Learn what VaR shock is. BTC has been down only for months while everything else was flat or making ATH. It isn't dropping as much now because most have already sold it. So people now are selling things that actually had massive runs since April 2025 low. BTC didn't have one. It's still the worst-performing asset in the world on an absolute and risk-adjusted basis since IBIT options launched.

Backrus

The worst performing asset in the world on an absolute and risk-adjusted basis since IBIT options launched.

According-Picture275

Grayscale wasn't dumping bitcoin. People were exchanging grayscale (with 2% annual fees) for IBIT (with 0.25% annual fees)

Forded_Fiction24

If Coinbase has an issue as a custodian then I'm safe with my FBTC. If Fidelity has an issue as a custodian then I'm safe with IBIT. I see that as mitigating risk from not having all your eggs in one basket. I don't understand how you're saying it increases risk

Subject-Chest-8343

I don't personnally have an opinion on Coinbase (never used them myself), but seeing that many coins in the hands of one custodian is increasingly concerning, I think. For that reason alone, I'm choosing FBTC over IBIT.

Strange-Term-4168

Buy an etf. IBIT and never worry about someone getting into your wallet or sending to wrong address. If you really want to own your own keys then buy it on coinbase advanced with limit orders.

GamerRevizor

That’s a fair concern - with iShares Bitcoin Trust (IBIT) you’re accepting custodial risk from Coinbase in exchange for tax advantages. Many people hedge this by splitting between ETF exposure and self-custody to balance risk and control

BitcoinBaller420

IBIT

Forded_Fiction24

IBIT uses Coinbase for a custodian. With FBTC, Fidelity holds it themselves. So my strategy is to mitigate the custodial risk at least somewhat by buying both equally into my Roth. I also custody my own Bitcoin as well and more of it, but find the risk personally acceptable and didn't want to deny myself the huge potential benefit of holding Bitcoin ETFs within my Roth. Everyone's risk tolerance differs and some aren't tolerant of the risks associated with Bitcoin ETF, while others like myself are

goawayjoebro

reposting this from that comment section. Saylor himself having ownership of more than 5% of bitcoin is a real concern. However, many large firms (Vanguard, blackrock included) use MSTR as a part of their means of acquiring Bitcoin by proxy. Vanguard has a larger portion of MSTR stock, i think about 11%, Blackrock owns about 5% but has much larger stores of it's own BTC via the BTC ETFs. Blackrock's bitcoin ETFs by volume actually hold more Bitcoin than Saylor's company. Saylor has ~730,000 and Blackrock's total BTC ETF issuance is slightly more than that. What this signals is that there is increasing retail/big firm/tradfi adoption of Bitcoin. Strategy is actively being pried out of Saylor's hands. *Exact figures:* - BlackRock's iShares Bitcoin Trust (IBIT), its primary spot Bitcoin ETF, holds approximately 782,180 BTC as of March 16, 2026. - - MSTR holds 761,068 BTC as of today - Vanguard holds approximately 8.55% of MicroStrategy (MSTR) stock, while BlackRock holds approximately 5.8% - Blackrock AUM = ~14 trillion, Vanguard = ~12 Trillion

hippieswithhaircuts

I’m 2 years into a 5 yr hold at $24 per IBIT share. At $68k, I laddered calls at the money every month until Jan 27. You can say I’m bullish

JuxtaposeLife

Fair point on pension funds and endowments. I am speaking mainly about individuals who have a choice... people who are fully capable of taking self-custody, yet choose IBIT instead. That is what I mean by surrendering upside, and potentially protection, in exchange for convenience, aka "laxy" My suspicion is that many of those investors have not fully thought through the structural tradeoff they are making. If IBIT, or similar products, do not end up reflecting Bitcoin’s scarcity as cleanly as people assume, then the downside may not simply be underperformance. In an extreme scenario, it could mean investors are left with cash settlement or repayment at some version of original cost basis, while Bitcoin itself has repriced dramatically higher. That is the deeper risk: not merely missing upside, but discovering too late that the vehicle was never as sovereign or scarcity-aligned as the underlying asset. And if the ETF structure ever proved to be looser in practice than investors believe... especially if “held” Bitcoin across products turned out to be less cleanly segregated than advertised... then convenience could end up being extraordinarily expensive.

ReliantToker

You’re raising a valid point about the "incentive to shape narrative," but calling IBIT the "lazy path" ignores the regulatory and fiduciary reality of 2026. ​Here is the "non-manufactured" breakdown: The Fiduciary Mandate: For the 1,686 institutional owners currently holding IBIT—including pension funds and endowments—direct cold storage isn't just "hard," it’s often legally prohibited by their investment mandates. An ETF isn't the "lazy" choice; for many, it’s the only choice allowed by their board of directors. ​The Collateral Evolution: Unlike 2024, in 2026, Bitcoin is a "Tier 1" asset. Major banks like Wells Fargo and BNY Mellon now recognize IBIT shares as collateral for credit facilities. You can’t easily walk into a legacy bank and get a low-interest loan against a multisig wallet yet, but you can against an ETF. ​The MSTR Distinction: While I agree MSTR is a "monster" for adding tailwinds, it carries its own premium/discount volatility. IBIT offers pure delta exposure without the "Saylor Premium" risk, which currently sits at 1.01x mNAV (a rare reset). ​Is BlackRock making a fee? Of course. Is it "manufactured" to say that $55 billion in AUM represents a massive vote of confidence from the world's largest pools of capital? No, that’s just the math of the "Institutional Superhighway."

JuxtaposeLife

The sad reality is that a large share of the pro-IBIT, anti-MSTR narrative online often looks less like genuine analysis and more like manufactured consensus... and you see that here constantly. The reaction to even mild criticism of IBIT is often so disproportionate that it begins to feel less like rational debate and more like narrative defense. That is especially striking because, at a high level, Bitcoin cold storage and MSTR represent two distinct paths of exposure, while IBIT arguably combines some of the disadvantages of both. At best, it is the convenience option (the lazier path) but one that comes with unnecessary headwinds. It also happens to be an enormous cash cow for BlackRock, so it is not difficult to understand why there would be a strong incentive to shape the surrounding narrative. Some of this clearly comes from real people repeating a framework they have not examined very deeply. But much of the rest reads like coordinated amplification masquerading as independent market opinion. That may serve incumbents well, but it does not make the argument any more true. Strategy, notably, does not appear to require that kind of support.

FreyBentos

Saylor and IBIT have over 10% of all bitcoin locked up at this point lol.

ReliantToker

You’re 100% correct on the plumbing: BlackRock is the manager, not the "owner" in the traditional sense. However, dismissing the premise based on that technicality misses the structural shift happening in 2026. ​Here’s why the distinction matters less than the result: ​The Mandate Shift: We aren't just seeing "individual people" buying IBIT anymore. As of this month, over 1,690 institutional entities—including pension funds, endowments, and sovereign wealth advisors—are the ones driving these $763M weekly inflows. When a multi-billion dollar pension fund buys IBIT, that is Institutional Conviction moving the needle, even if they use BlackRock’s wrapper to do it. ​The "Internal" Signal: BlackRock has actually begun integrating Bitcoin exposure into its own global allocation funds (like the Strategic Income Opportunities Fund). So in many cases, BlackRock is effectively the "person" buying its own ETF to give their diversified clients exposure. ​The Absorption: Whether it’s a hedge fund or a high-net-worth individual, once that capital enters IBIT, BlackRock must buy the underlying BTC and take it off the market. With the 20 millionth coin now mined, that "Institutional" wrapper is the primary vacuum sucking up the last of the liquid supply. ​The premise isn't that BlackRock is a "HODLer"—it's that BlackRock has built the superhighway for the world's largest pools of capital to finally exit fiat and enter Bitcoin.

Awkward_Potential_

>there's little structural danger here. MSTR does not custody their own Bitcoin. In fact, they probably use the same custodian as IBIT and many other ETF's. Ummm, that's actually my biggest concern. Strategy should self custody to keep Coinbase from being too large of a custodian.

Cadenca

When you really boil it down, there's little structural danger here. MSTR does not custody their own Bitcoin. In fact, they probably use the same custodian as IBIT and many other ETF's. IE., this is a moot point. Ownership is not centralized either. Those Bitcoin belong to me and hundreds of thousands of shareholders (inb4 someone tries to point out that technically the MSTR equity does not have direct claim to their BTC yadda yadda). The market can easily tolerate MSTR being at least 10% of the market, so that's 2.1 million coins. That's like 3x what they have now. We'll cross that bridge once we get there, but this is hardly the limit.

HipOut

IBIT is a spot etf managed by blackrock so its individual people buying IBIT through blackrock, not blackrock. So your premise is off completely

coinfeeds-bot

tldr; US-traded spot Bitcoin ETFs have experienced a five-day inflow streak, bringing in over $767 million in fresh capital, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $600 million of the total. This marks the longest daily inflow streak this year, breaking a four-month period of net outflows. The resurgence in demand coincides with Bitcoin's price recovery and suggests growing institutional interest in Bitcoin ETFs as a hedge against market instability during geopolitical tensions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

docherino

They buy for their clients, not themselves. So when you say "i don't think blackrock are done buying" you are basically saying "i don't think retail are done buying". If i buy IBIT, blackrock then will buy Bitcoin on my behalf. If i sell IBIT, blackrock then will sell bitcoin on my behalf.

Kot-Leopold

The key takeaway isn't just that 90% didn't panic sell, but why the on-chain data confirms it. During Bitcoin's 47% drop from $126K to $66K, IBIT saw only 0.2% in redemptions—that's diamond-hand behavior from retail and advisors, not hedge funds. More importantly, exchange supply just hit its lowest level since November 2017. This means coins aren't just staying in ETFs; they're moving to self-custody en masse. You have long-term holders refusing to sell and withdrawing liquidity from exchanges simultaneously. This combination creates a supply shock setup. When demand returns, there's significantly less sell-side liquidity available. BlackRock doubling down with their staked Ether ETF (ETHB) during this drawdown shows their conviction isn't just PR—it's strategic positioning for the next leg up.

ThreeTonChonker

Obviously it’s not news if you’re not one of the whales at Blackrock though. I’m sure this sub would consider it breaking though if you sell the pocket change from working at Wendy’s which you invested in IBIT though.

HSuke

> That’s because if you’re investing through Blackrock you likely have a high net worth. Wut? You can buy IBIT if you have $40 (or even less with fractional shares). Retail owns 40% of the largest ETFs.

LuckyWinds

> That’s because if you’re investing through Blackrock you likely have a high net worth. > > Why would you make this claim? IBIT is available with no deposit requirements. It's not like certain investments where you need 250k, 500k, 1m, etc. minimum deposit. > Anyone who thinks it’s not still early is naive. I agree.

btcprint

I'd wager that majority of IBIT investors are not high net worth - it's literally just an ETF available on most all trading platforms -- it's not a HNW private investment fund

coinfeeds-bot

tldr; BlackRock's Head of Digital Assets, Robert Mitchnick, stated that 90% of its Bitcoin ETF (IBIT) holders did not sell during a recent 47% market drawdown, showing strong conviction among retail investors and financial advisors. On-chain data supports this, with Bitcoin supply on exchanges at its lowest since 2017, indicating long-term holders are moving coins to storage. BlackRock also launched a staked Ether ETF, signaling its growing confidence in the crypto market beyond Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

BaldBear_13

the fact that it surived several cycles of boom&bust. Once it bottoms out (mid-end of 2026), I will get ~5% of my savings into IBIT (I still do not believe the exchanges, or trust them with my bank account or cell phone).

Shichroron

What the rest is doing? Isn’t buying IBIT is by definition accumulating?

ClearSnakewood

By the time some of these “conspiracies” and theories become known facts it will be too late to fix the money and revolutionize. There’s a lot of sneaky attacks and lobbying going in as we speak and most Bitcoin plebs aren’t asleep at the wheel. The real cypherpunk ethos isn’t for everyone here… And if you wish to deal with facts that come with a government printed manual then you won’t make it here, not at this stage at least… Or you can just go and gamble for a quick fiat cuckbuck on IBIT options, or whatever Wallstreet toys there are today.

Putrid_Pollution3455

If you don’t know jack about shit, pick a chosen asset allocation to put towards Bitcoin. Buy a certain amount of IBIT every payday. That’s blackrocks spot price etf, you can buy it from any brokerage. The end. That’s the easiest way. If you want to actually make transactions with it, then you get a wallet and buy some.

BitcoinToothBro

I only buy and sell in IBIT.

vikingpower89

Buy a LEAPS call on IBIT for as far out as I could.

biophysicsguy

Not necessarily. Robinhood allows the purchase of spot BTC as well as Bitcoin ETFs that go by tickers such as IBIT, FBTC, GBTC, ARKB, etc.

uncapchad

If you are buying Bitcoin on a cryptocurrency exchange, there are no wash rules. Selling a spot Bitcoin ETF at a loss and repurchasing it (or another spot Bitcoin ETF) within 30 days does not trigger the wash sale rule, unlike with traditional securities. (IBIT, FBTC for e.g.) Important caveat: This treatment applies only to spot Bitcoin ETFs structured as grantor trusts. Bitcoin futures ETFs (like BITO), which are structured as Regulated Investment Companies (RICs), **are** subject to wash sale rules because they are classified as securities.

Thankyouclouds

Yes this is exactly why. I know it sounds regarded but some of us have partners that are absolutely terrified of this crash and are applying unnecessary stress to us and pressure to sell. You don’t get any of that when BTC is 120k. And no, not gonna leave my partner or sell but I know BTC will go up again so this stress is just SO unnecessary. I also understand the concern because my retirement & Roth account (all IBIT) is sliced in half while partner’s half is sitting pretty in SPY.

Vegetable_Squash_504

is there no IBIT subreddit ?

AutoModerator

Post is by: absurdcriminality and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rp2h67/the_coinbase_premium_index_has_flipped_back_above/ I ran into this fact while reading a Bitmex [blog post](https://www.bitmex.com/blog/3-trades-5-March) about trading, and it seemed worth sharing. That’s also not the only positive indicator. Spot ETF flows are in the green as well. >Spot ETF flows have rebounded to more than $1 billion over the past week. BlackRock’s IBIT leads this with daily inflows above $275 million (Feb 24–26), reversing prior cumulative outflows. Even though the charts don’t look very good, indicators are slowly starting to signal a possible reversal IMO. What do you guys think? *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.*

LetWinnersRun

I do 20%, but I buy Call LEAPS on IBIT.

Academic_Work_8183

35% IBIT and 45% MSTR in Roth. Can’t do it with 401k with work.

Premium_Hunter

There's multiple options strategies people can use on IBIT to generate income with BTC, but thats dealing with an ETF and not your own coins.

AutoModerator

Post is by: SmartBunBun and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rltvrf/why_isnt_bitcoin_pumping_despite_billions_flowing/ Something I can’t quite figure out lately. Over the past few days, spot Bitcoin ETFs reportedly absorbed around **$1.4B in inflows**, yet BTC price barely moved. Normally that kind of demand should push price higher… right? A few explanations I’ve seen floating around: **1. The ETF creation mechanism might delay price impact** Authorized participants can sometimes **short ETF shares first**, then buy BTC later to create shares. So the buying pressure doesn’t always hit the spot market immediately. **2. Liquidity is already extremely concentrated** The spot ETF market is now around $130B AUM, but BlackRock’s IBIT controls \~57% of the trading volume. That raises the question whether flows are actually diversified or mostly cycling through the same channels. **3. Macro sentiment still dominates** Bitcoin has been in a pretty rough stretch recently, with months of losses and persistent fear sentiment, which might be offsetting ETF demand. Another interesting piece is that Morgan Stanley is reportedly preparing its own Bitcoin ETF entry, which could add another large distributor to the ecosystem. But I'm not sure whether that actually changes anything. So I'm curious what people here think: **Why isn’t BTC reacting more strongly to ETF inflows?** Is it: • ETF mechanics • macro sentiment • market makers hedging • or something else entirely? Would love to hear different perspectives. *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.*

Key_Bee_682

Good question. The 0.32 is against MSCI ACWI (global equities), not US large cap - the US-only figure is slightly higher at 0.35. That distinction matters because the international component dilutes the correlation. Data source is daily returns using BITO from its Oct 2021 launch through end of 2025, with IBIT spliced in from Jan 2024 when it became the more liquid instrument. Daily frequency does tend to show lower correlations than weekly or monthly - that's a fair criticism. Monthly data over the same window gives something closer to 0.38-0.40 depending on the window. Honestly 0.32 is a bit generous to Bitcoin's diversification case. If I used 0.40 the optimal allocations would come down somewhat, but the directional finding doesn't change - the correlation is still low enough relative to the return premium to improve the efficient frontier. On gold - the full optimizer on Portfolio Lab actually includes gold as one of 27 asset classes (J.P. Morgan has it at 5.5% return, 16.7% vol). In a full unconstrained optimization gold does appear alongside Bitcoin. I kept this article to the simplified 3-asset + BTC model because it's cleaner to illustrate the point, but you're right that gold adds further diversification - its correlation to Bitcoin is only about 0.15.

Bobster_O

If your capital is mainly tied in stock brokers, perhaps a simple ETF like IBIT, ETHA would be an easy way to get exposure to BTC and ETH. Crypto stocks like COIN, HOOD works well for exposure too. They are solid companies in the crypto space.

Romanizer

Absolutely, IBIT is their revenue and margin leader therefore will get the most marketing budget going forward. Didn't see any ad yet, but sounds like they want to legitimize Bitcoin as a normal asset to the masses before telling them it is the best store of value in existence.

Subject-Chest-8343

> we still didn’t manage to x2 from previous cycle top. To be fair, we also had rate hikes, and housing is so much more expensive than it was in, say, 2017. So less money laying around to buy bitcoin. Also the crazy optimism surrounding AI-adjacent stocks which sucked liquidity like a black hole, and tanked software stocks... Which for some weird reason the trading algos seem to think IBIT is a software stock. Maybe there's also the rise to 70k before the halving, following introduction of US ETFs. Maybe that partly explains why we didn't get a blow-off top. Everybody fomoing in all at once (as in 2017 and 2021), vs some getting in early, then get bored of the ''chopsolidation'' and progressively leave as others arrive, etc. Then the tariff war breaks the momentum, then calendar says bear market should start. At any rate, I think gold just proved that even an asset with a huge market cap can stil 4x on short order, if the right conditions are met. >not worth the stress of the brutal bear markets That's the flip side of the coin I guess. I still see people expecting a 75% drawdown this time, while ignoring those past drawdowns came after 10x+ moves. Why should we go down 75%, if we only had a 2x ? If you think the rallies will be lower over time, but the drawdowns will stay the same, then that means you think bitcoin is going to zero.

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Post is by: Responsible_Potato76 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/HodlyCrypto/comments/1rkra0p/bitcoin_surges_past_73k_what_this_means_for/ Bitcoin has officially reclaimed the $73,000 level today, March 4, 2026. As of now, BTC is trading around $73,200, up 7.2% in the last 24 hours. 24-hour trading volume has exploded to roughly $68-75 billion, pushing Bitcoin’s market cap above $1.46 trillion. Three clear forces right now: 1. Haven demand amid escalating geopolitical tensions, investors rotating into Bitcoin as “digital gold” while traditional markets remain under pressure. 2. Strong ETF inflows, US spot Bitcoin ETFs recorded $458 million in net inflows on March 2 alone (the strongest recent daily figure), with BlackRock’s IBIT alone pulling in $263 million. This institutional buying pressure has been consistent and is clearly supporting the breakout. 3. Major banks joining the ETF race, JP Morgan Chase has stepped up big time, now offering direct access to Bitcoin and Ethereum ETFs through its J.P. Morgan Self-Directed Investing platform and significantly boosting its own holdings in spot Bitcoin ETFs (up 64% to $343 million in BlackRock’s IBIT alone in recent filings). Additional fuel came from \~$400 million in short liquidations over the past day, accelerating the move higher. Sudden +7% pumps can feel exciting, but they also test discipline. History shows these ETF-driven rallies, especially with big banks like JP Morgan getting more involved, often mark periods of accumulation. With thin order books above $73K (limited sell walls up to $80K in some analyses), momentum could continue, but volatility remains elevated. Despite today’s strong surge past $73K, there is still significant risk in the market. We are in a US midterm election year, and history shows these years are often extremely volatile and painful for Bitcoin, with major drawdowns in past cycles (2014, 2018, 2022). And yet… this year is the perfect year to accumulate Bitcoin. I know how heavy the uncertainty feels right now, the headlines screaming, the charts swinging, but this is exactly the kind of environment where patient holders quietly build life-changing positions. Stay calm. Accumulate wisely. Not financial advice. *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.*

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Post is by: ScholarPrize1335 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rkunv8/can_someone_please_explain_to_me_how_mstr_is/ This is a genuine question. Not trying to troll anyone or make any comments about the price MSTR "should" be at. I was watching both of them today and out of curiosity pulled up the chart from the last year and the difference is staggering. MSTR needs to increase by roughly 300 % to get back to its high point. Whereas as IBIT only needs a 67% increase to get back to its high point. Is the short MSTR buy IBIT theory correct? *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.*

Aurorion

This is interesting, thanks. Can you please elaborate on how you arrived at 0.32 as the correlation with equity? Asking because this is somewhat lower than figures I've seen elsewhere. What's the interval of data - is it daily? And did you use IBIT since its launch, and BITO prior to that? Also, you used stocks/bonds/cash mix as the base. Have you considered adding gold to the mix? It may improve the performance further in terms of Sharpe/Sortino and volatility.

coinfeeds-bot

tldr; U.S. spot Bitcoin ETFs experienced a resurgence with $458 million in daily inflows on March 2, marking the first positive day of the month after a four-week outflow streak. Weekly net inflows reached $787.3 million by February 27, reversing a $2.48 billion outflow. BlackRock's IBIT led with $263.2 million, followed by Fidelity's FBTC and Bitwise's BITB. Institutional demand appears to be driving this recovery, with U.S. funds now holding approximately 1.5 million BTC, about 7% of the maximum supply. Bitcoin prices rose to $67,000–$68,000 amid this ETF-driven accumulation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

harvested

IBIT looks to open about what it closed at, so far. Maybe you're being a bit dramatic due to your personal bias. Also, we are quite happy buying these levels, see you in a year.

Putrid_Pollution3455

if you have no idea what you're doing, just do a modern permanent portfolio: every 100 bucks toss 20 into each; IBIT, GLD, TLT, USFR, VT. Once you start, buy whatever asset is lagging the others/try to restore balance with your paychecks. When you get monthly and quarterly paychecks via interest and dividends, use that to buy whatever asset is lagging compared to the others. If this is overwhelming, just buy a target date retirement fund for your anticipated time to retire and call it a day. Godspeed.

Dangerous_Warthog603

I always found it's better to buy a stock that is the best in its industry instead of the second or third thinking they'll catch up. In addition the tax laws in the US are changing(not sure where you are)to include cryptocurrency profits being reported to the IRS. So you're better off not churning your account but HODL. You can try trading crypto in your IRA, I use IBIT for that to capture the short term moves in BTC.

Realistic-Frosting26

Buy or sell IBIT simple

OpticallyMosache

We probably do hit the 200 over the next 3-6 months. But in all the chats I've observed, there is so much liqudiity waiting for it. When the masses align on an expectation, they're usually disappointed. I still believe I'll be buying $67k some day in the future, even if I wait to buy at the 200. On its way back up, probably be DCAing and capturing $67k buys. Content doing it now. However, I'm full on native BTC. Sold the excess last year. Now I'm in the process od converting part of my retirement accounts to IBIT. Feel less neurotic watching those swing. Goal is at least 5,000 IBIT by EOY and hope for new ATH in the future. Letting it sit and in 10 years being at $500k-1M would be insane.

Awkward_Potential_

If we've always wanted Bitcoin to scale on L2s with different levels of security and decentralization, then IBIT is basically serving as an L2.

InitialResponsible62

Blackrock buys BTC for their fund IBIT to back mostly retail investment dollars coming in with BTC. IT IS Not for themselves!

9th_username

Market manipulation is illegal. If they were dumping IBIT to make money on options, that's illegal. They're also a highly unethical firm that got caught doing this exact thing in the Indian market. Plus, SBF is their most famous alumni. There's a saying about the company you keep...

ratpH1nk

IS that just semantics? Blackrock owns iShares. iShares buys the BTC and puts it in a trust. **Shareholders (Investors)** buy $IBIT and own the **shares** of the trust. When you buy a share of IBIT, you have a legal claim to a fractional amount of the Bitcoin held in the trust's vault. I am just asking because I want to make sure my understanding isn't wrong.

Bred_Slippy

They take a % fee based on its value, so BTC increasing overall usually increases their total fee take. E.g. if there were no more buyers and sellers and everyone in IBIT just held. the BTC USD price doubling would double their USD fee revenue from it.

InitialResponsible62

It has nothing to do with conviction, it has everything to do with their fund IBIT and investors buying IBIT. So they buy on behalf of the fund, not for themselves.

Snackyums

Lol, OP’s page says 500 pages of research done a day yet doesn’t know how IBIT works

uncapchad

Treat these position flows in IBIT or any other Bitcoin ETF as inventory for potential *volatility harvesting*, not long-term conviction. The despondency of retail is because of this game. Rule #20 - Never sell your Bitcoin. All those other posts warning about not being liquidity providers, shaking out weak-hands etc are probably correct.

Bred_Slippy

Agree, but they do care (IBIT's their highest revenue-generating ETF)