For the sake of the question, please assume that I don't have the possibility of purchasing bitcoin via cold or hot wallet. I can only buy shares of bitcoin ETF (when approved) or go through Robinhood.
Let's say I would like to open a traditional IRA account and DCA Bitcoin for the next 20 years, and I have one of these two options:
Purchase GTBC (assuming it converts to a spot ETF) or Blackrock Bitcoin ETF shares through Vanguard
Purchase Bitcoin on Robinhood
From what I've been reading, both Grayscale and Robinhood buy satoshis and save it in their own cold wallets, based on the purchases I make.
Which is the more secure route to take: Robinhood or a Bitcoin spot ETF?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments