On February 18th, Function Investments launched the world’s first Bitcoin ETF BTCC. It launched at a worth of $10 / a share and at the moment has ~ $420M AUM. BTCC expenses an MER of 1% which is affordable when evaluating to different alternate options. Watch to be taught in regards to the execs and cons of BTCC and to see if this funding is best for you!
It is a nice useful resource for evaluating ETF Priemums / Reductions:
Notice: I made an error when making this video, primarily based on information from the prospectus there doesn’t appear to be any theft insurance coverage for the person investor. I’ll hyperlink a web page to the BTCC prospectus the place you’ll be able to learn extra.
( Web page 26 beneath “lack of insurance coverage danger” )
0:00 – Intro
0:40 – BTCC, the world’s first Bitcoin ETF
0:58 – How does BTCC work?
1:47 – BTCC Execs
2:20 – BTCC Cons
4:40 – Options to BTCC
6:00 – Abstract
6:40 – My 2 cents / my funding
7:25 – Outro
I am not a monetary advisor and it is best to all the time do your individual analysis when doing any kind of investing. Additionally for those who wanna be taught extra about bitcoin there’s lots of people which might be smarter and might clarify it higher than I can so I’ll hyperlink some assets under.
Assets / Refrences:
Bitcoin greatest performing asset:
Tesla buys $1.5B value of Bitcoin:
Premiums and Reductions:
Hedged vs Non-Hedged ETF: