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Author: Admin | 2025-04-28
Till fund hits $1B AUM0.3%Invesco Galaxy Bitcoin ETF (BTCO)0% till 10 Jul 20240.39%As issuers compete on fees, I would expect some of these waivers to be extended especially if the ETF doesn’t grow to a significant size. Bookmark this page (Ctrl+D on Win or Command-K on Mac) and check back periodically for updates! Assuming these Bitcoin ETFs will not shut down, I think that WidsomTree’s offer of fee waiver till the fund hits $1B AUM is the most attractive as it would likely take a while for BTCW to hit $1B given its current size and low daily trading volume. Biggest Spot Bitcoin ETFs by AUMThe 3 biggest spot Bitcoin ETFs by AUM are:Grayscale Bitcoin Trust: $28.6BBitwise Bitcoin ETF: $242.9MVanEck Bitcoin Trust: $81.7MThe bigger the Bitcoin ETF, the less likely it is for the ETF to be shut down. So if you’re looking to own Bitcoin for the long term, consider the bigger ETFs first.Most popular Spot Bitcoin ETFs (by daily trading volume)Daily trading volume can be used as a proxy for the popularity of the ETFs. Here’re the most actively traded Bitcoin ETFs as of 12 Jan 2024.Grayscale Bitcoin Trust: 47,260,925*BlackRock’s iShares Bitcoin Trust: 37,708,304Fidelity Wise Origin Bitcoin Fund: 11,282,717*Daily trading volume doesn’t tell us whether investors are buying or selling the ETF. In the case of Grayscale, most of their daily volume is attributed to outflows (i.e. investors are selling enmass). This is probably due to the higher fee GBTC has compared to the other Bitcoin ETFs.As we are in the early days of Bitcoin ETFs, I would expect the daily trading volume to drop with time. We should get a clearer idea of which ETF is the most popular in a year’s time. Disclaimer: Cryptocurrency remains a risky asset and you should always do your own due diligence before investing your hard earn money. Investing in cryptocurrency through a spot Bitcoin ETF does not protect you from the volatilities of Bitcoin, your investment can go to zero.Bitcoin Spot ETFs: Should you invest?The SEC’s approval of spot Bitcoin ETFs is a watershed moment for the crypto world. It represents a blending of the new frontier of digital currencies with the traditional finance world.As Singapore investors, we now have convenient access to Bitcoin via the same brokers that we use to invest in US stocks and ETF.That said, prudence and a well-thought-out investment strategy should be your guides in navigating this new opportunity.It is crucial to remember the volatile nature of cryptocurrencies. While the potential for high returns is significant, so is the risk of substantial losses. As always, any investment in these new ETFs should be measured, and aligned with your overall risk tolerance and investment goals.You should
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