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Today going to do a deep dive into Bitcoin ETFs
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Main Topic: The Bitcoin ETF
What is it?
A way to buy into BITCOIN without opening a crypto wallet.
Nice thing about an ETF is that it’s like owning a security
Will get 1099 tax statements - don’t need to track on your own
Also - very secure. REGULATED
Essentially you’re buying into a fund that owns the bitcoin. The price of the ETF fluctuates just like the price of bitcoin.
What are some of the best Bitcoin ETF funds?
Is it safe?
Do we think Bitcoin will go up in value?
Will institutional investors drive the price up?
Range in cost (expense ratio) from .19% to 1.5%
Franklin Bitcoin ETF EZBC - .19% E.R.
Bitwise Bitcoing ETF - BITB -.2% E.R.
These funds essentially just hold Bitcoin in a coinbase account
Questions that need answers
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What are some strategies for listeners to build and pass on generational wealth, ensuring financial stability for future generations?
I have a 401k at work - what should I invest in to stay diversified- what’s best?
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