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Anonymous

11 Feb 2021

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Bitcoin ETF yay or nay?

With all that hype around Bitcoin and that a Bitcoin ETF is on the horizon, what are your thoughts? Will a Bitcoin ETF be a “yeah buy!” or a “nah pass” for you? Would you consider it a good “risky” etf in addition to a portfolio of robo + US, global and China ETFs?

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Chris

11 Feb 2021

Owner and Writer at Tortoisemoney.com

I think it depends on what they mean by Bitcoin ETF. If it's just buying bitcoin for you and charging an expense ratio, why not just buy Bitcoin straight? For example looking at GBTC, they charge a fee of 2% per year.

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