Crypto ETF/fund
I am too lazy to invest in and handle cryptos but I want to put something on that boat. Is there any good ETF? I saw GBTC is following bitcoin pretty well, while GDLC has more variety. Wanted to see here if anyone had a better suggestion tc: ~300k
There is no etf yet. Buying crypto is super easy, like crazy easy.
I know, I have some cryptos. I just don't want to handle all the taxes and investment separately
There's too many shady apps, idk if they're still around though
I can’t decide between gbtc or gdlc. Looks like gdlc also has eth
They sell for a premium above NAV. Just buy the crypto directly.
Gbtc is the only good one I know. It has reasonably low premium compared to underlying asset. All others like GDLC, ETHE, LTCN, BITW are crap and have insanely high premium which will diminish over time
Benefit of GBTC and other trust funds is ability to buy them in IRA and brokerage accounts. Those automatically give one ability to invest in bigger amounts as normal ppl are not highly liquid
Bitw
Don't get that one. Horrendously high premium. Will come back to bite once it drops
Make one.