Value Buy
Senior Associate
Joined: Dec 20, 2010 17:57:07 GMT -5
Posts: 18,611 
Today's Mood: Getting better by the day!
Location: In the middle of enjoying retirement!
Favorite Drink: Zombie Dust from Three Floyd's brewery
Mini-Profile Name Color: e61975
Mini-Profile Text Color: 196ce6
|
Post by Value Buy on Oct 19, 2021 9:09:32 GMT -5
went live this morning on the stock exchange.
Ticker symbol BITO opened at $40.88 and trading at $40.99right now.
Thinking of buying in.
Rather own an etf at this time rather than the actual Bitcoin.
|
|
mollyanna58
Junior Associate
Joined: Jan 5, 2011 13:20:45 GMT -5
Posts: 6,342 
|
Post by mollyanna58 on Oct 19, 2021 12:52:11 GMT -5
Interesting idea.
|
|
movinonup
Established Member
Joined: Feb 7, 2013 7:44:03 GMT -5
Posts: 318
|
Post by movinonup on Nov 1, 2021 18:47:45 GMT -5
Be careful. This ETF invests in Bitcoin futures, not Bitcoin. It's similar to USO, the US Oil Fund. This article does a decent job of explaining the risk. -movinonup |
|
Value Buy
Senior Associate
Joined: Dec 20, 2010 17:57:07 GMT -5
Posts: 18,611
Today's Mood: Getting better by the day!
Location: In the middle of enjoying retirement!
Favorite Drink: Zombie Dust from Three Floyd's brewery
Mini-Profile Name Color: e61975
Mini-Profile Text Color: 196ce6
|
Post by Value Buy on Nov 2, 2021 10:14:57 GMT -5
At least the price has not really gone anywhere so far.
|
|
djAdvocate
Member Emeritus
only posting when the mood strikes me.
Joined: Jun 21, 2011 12:33:54 GMT -5
Posts: 69,128
Mini-Profile Background: {"image":"","color":"000307"}
|
Post by djAdvocate on Apr 8, 2022 19:28:31 GMT -5
GBTC owns BTC
disclosure: i own this ETF
edit: this thing sells at a serious discount to assets.
|
|
