Bitcoin ETFs are here: Are you buying, or sticking to self-custody?

Now that you can buy Bitcoin EFTs in your traditional investment portfolios, what will your approach be to managing your Bitcoin?

Shift to ETFs in your trading accounts. Shift to ETFs in your long-term retirement accounts (like ROTH IRAs) Continue to HODL in self-custodial wallets Mix of all of the above.

Here’s what we’ve heard from others:

There’s no question that they can provide tax benefits They’re cheap to buy and sell, but require paying a management fee (generally 10-25 basis points in the long-term). While they reflect exposure to the price of Bitcoin, it’s not the actual Bitcoin. If there’s a correction or massive price increase over the weekend, you can’t take advantage of market movements.

How has the presence of these ETFs shifted your asset management strategy, if at all?