Bitcoin ETFs Vs. Bitcoin

[Nomad]

Bitcoin is the most valuable cryptocurrency, actually Bitcoin is also one of the top 10 most valuable assets in the world. Recently, the SEC approved Bitcoin ETFs for 11 companies. Now, you can either directly invest in Bitcoin or invest in BItcoin ETFs. By the way, what do you think will be more profitable for investment and trading, Bitcoin or Bitcoin ETFs? Will Bitcoin ETFs be less volatile and risky compared to Bitcoin or will it pose as much risk and volatility as Bitcoin?
Would you be investing in Bitcoin ETFs?

 

[Riberet19]

No, and I have no intention of doing so, I like to buy Bitcoin in spot and not substitutes such as the Bitcoin ETF, GBTC or any of these alternatives, it seems to me that Bitcoin was designed for you to be the custodian of your money and asset, not for others to keep it for you.

 

[Nomad]

When you buy Bitcoin you control your asset, provided you have stored on self custody wallet, however, when you buy Bitcoin ETF you don't actually have Bitcoin, you only have some share on Bitcoin owned by someone else.

 

[EMMANUEL]

Personal Investment Decision:

Whether I would invest in Bitcoin or Bitcoin ETFs would depend on individual investment goals, risk tolerance, and comfort with the underlying asset. If I sought long-term exposure and desired direct ownership, I might prefer Bitcoin. If I valued convenience, regulatory oversight, and lower maintenance, I might consider Bitcoin ETFs.

Ultimately, it’s essential to thoroughly research both options and assess how they fit into your overall investment strategy. As always, consulting with a financial advisor may help in making the best decision for your circumstances.