Investing in Crypto: direct vs. ETF

Investing / Cryptocurrencies
1

I have not put any assets into crypto so far as I wanted to see this market mature a bit more. Now I am starting to feel that I should get some position (max 1-2% of my assets) just so I have that ‘option’ in case crypto sustainably grows.

I don’t want the hassle of dealing with crypto wallets, the risks, etc. and also want some diversification so I was thinking of putting some funds into a crypto ETF.

https://archive.is/EyMVK

This Seeking Alpha article provides an overview. Does anybody here have a strong option against doing this in an ETF? Alternatively, any strong views on which ETF is best?

2

imho: Bitcoin not crypto and not your keys, not your coins. So hardware wallet would be best.

But if you don’t want to deal with that stuff, anything goes. I’d go with BTC split on the major exchanges (Kraken, Coinbase, further Relai and probably Swissquote if already using). I trust the ETFs less.

3

Please dont “buy crypto”. Its not like the stock market where you spread over different equities.

There is bitcoin and there are a lot of scammy shitcoins.

I think an the bitcoin etf of large providers are all good enough for the average user.

3 Likes
4

If not interested or feeling good using a wallet (cold or exchange platform like Binance or even simple wallet like Bitvavo for ex.) I would just go for IBIT (TER 0.25%).
Or you could also add it to your 3a strategy (Viac or FP)