SRS Q. Are there any CRYPTO ETFs yet?
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Date: July 23rd, 2019 9:56 PM Author: Lime Costumed Native
No but there is GBTC which you can invest in through your 401k
Each 1,000 shares are backed by 1 actual BTC
Only shitty part is there is a 1.5 or 2% fee I believe
(http://www.autoadmit.com/thread.php?thread_id=4307444&forum_id=2#38578197) |
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Date: July 24th, 2019 1:16 AM Author: Lime Costumed Native
True
But thus can also be a feature if you buy it at a low premium. It was 10% or less earlier this year. If you sell at a higher premium than you bought at, you can really make out. There are also tax advantages.
ETHE is at something like 150% premium and was at something like a 1000% premium a few weeks ago. Insane.
(http://www.autoadmit.com/thread.php?thread_id=4307444&forum_id=2#38578887)
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