Is anyone invested in the recently added Bitcoin ETP? if so what type of fees occur and how often?
Thanks
Is anyone invested in the recently added Bitcoin ETP? if so what type of fees occur and how often?
Thanks
Annual Management Fee: 2.00%
I know it’s always compared to Gold, but in this situation I’m more comfortable owning the coin outright.
As I would be more comfortable in owning Physical Gold, if it was more accessible.
Appreciate that thanks
I understand where ur coming from, I felt I may as well try it this way so my investments are all in one place and I’d rather not use cfd for bitcoin
i just started using the BTC ETP yesterday adding it to some of my pies…
it’s a great asset for further diversification than only stocks and bonds
The returns on this ETC are crazy.
2015: 36.16%
2016: 120.31%
2017: 1375.10%
2018: -73.84%
2019: 94.83%
2020*: 89.03%
That’s BTC! Up to 15k today
I bought in too for the same reason
it’s on a very decent run
Took me by surprise getting a notification that this is on the platform I have various crypto accounts (Coinbase, Abra, Binance, Zeux, & Revolut Crypto) currently dormant but the convenience of an ETF in an ISA with AutoInvest is enticing… just a question of whether that’s worth 2% in management fees I’m learning toward abso-f@&£king-lutely.
I sold all my bitcoin for profit over a year ago and have been more or less waiting for it to drop to get back in. It just keeps rising and rising. I know the second I buy back in, it’ll plummet!
If you were waiting for it to drop and never went in during March then you’ll be waiting forever. Just DCA
I don’t mind waiting! I got in around the 3k mark last time. If it happens again I’ll jump in.