golfaddict1 Posted January 27 Report Share Posted January 27 I brought up a recent change with bitcoin ETF’s and wanted to share some info for those who are either investing in bitcoin or wanting to get in. Prior to the approval, Grayscale’s GBTC ticker was the dominant player in bitcoin investing, but also charged a 2 pct expense fee. Last week I redeemed my son’s GBTC shares and bought FBTC shares. I also added a little bit to my account and thanks to yesterday it’s up over 8 pct. My main investment in Bitcoin is via Microstrategy (MSTR). FBTC (Fidelity Bitcoin etf) is one of two ETF’s I believe that is offering 0 pct expense fee (up to 1 billion in holdings, then I believe it rises to .20 pct). GBTC reduced their expense fee from 2 to 1.5 pct and imo it was illogical to continue holding. Grayscale’s ETHE with high expense fee I continue to hold until a hopeful etf approval changes the Ethereum landscape. Quote Link to comment Share on other sites More sharing options...
golfaddict1 Posted February 28 Author Report Share Posted February 28 On 1/27/2024 at 3:30 PM, golfaddict1 said: My main investment in Bitcoin is via Microstrategy (MSTR). Grayscale’s ETHE with high expense fee I continue to hold until a hopeful etf approval changes the Ethereum landscape. Crypto has been cranking. My current gains (paper) as of 5 min ago. I’ve sold some shares in ETHE on the upswing, while holding all shares in MSTR. Quote Link to comment Share on other sites More sharing options...
FreeBird Posted February 29 Report Share Posted February 29 Fuck these shitcoins fuck stocks fuck you hcmc snd fuck you Robinhood Quote Link to comment Share on other sites More sharing options...
golfaddict1 Posted March 11 Author Report Share Posted March 11 https://finance.yahoo.com/news/bitcoin-going-eat-gold-microstrategy-170018918.html Quote Link to comment Share on other sites More sharing options...
Nolebull813 Posted March 13 Report Share Posted March 13 1 Quote Link to comment Share on other sites More sharing options...
golfaddict1 Posted March 14 Author Report Share Posted March 14 On 2/28/2024 at 9:56 AM, golfaddict1 said: Crypto has been cranking. My current gains (paper) as of 5 min ago. I’ve sold some shares in ETHE on the upswing, while holding all shares in MSTR. Smart move holding all shares. What a difference since just Feb 28th. 😮 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.