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Which crypto ETF is right for me?

All Cryptocurrencies

by COINS NEWS 62 Views

I want to open a modest crypto position in my Roth IRA, complementary to my BTC holdings in cold storage. I plan to have some core holding, which I will hold long-term. I may also buy and sell the dips and spikes in addition to this. I would prefer to have just one ticker in my portfolio that covers the crypto umbrella.

There are a few ETFs that I've found and liked, but have been having trouble deciding which is for me. By and large, they are all very similar but have a few distinctions between them that merit further consideration. Below is how I think I would rank them, but welcome viewpoints from folks more knowledgeable than I.

$IBIT - iShares Bitcoin Trust

  • 0.12% expense ratio (until January 11, 2025); 0.25% expense ratio thereafter
  • Largest Bitcoin ETF by volume

$BITB - Bitwise Bitcoin ETF

  • 0.20% expense ratio
  • Publicly available and verifiable BTC addresses

$FBTC - Fidelity Wise Origin Bitcoin Fund

  • Waived expense ratio (until August 1, 2024); 0.25% expense ratio thereafter
  • Self-custody of BTC

$BITW - Bitwise 10 Crypto Index Fund

  • 2.5% expense ratio
  • Exposure to ETH and other alt coins
submitted by /u/midweastern
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