Bitcoin

[WoodDuck]

We have Larry Fink giving Bitcoin a ringing endorsement, and now Trump says Jamie Dimon has “changed his tune” on Bitcoin. What are your thoughts? I certainly won’t be betting against Blackrock.

 

[Poser]

I have a self managed IRA that is loaded up with BTC etfs and ETHE (ethereum trust that will convert to the ETF once available). This is seperate from my 401k which is a conservative play. In terms of buying actual BTC directly, I don't. have much but I do hold and regularly put more money into ETH.

 

[fmyth]

Trump is speaking at a National BTC Conference in Nashville on July 27th. His VP choice J.D. Vance has disclosed that he owns between 100-250k in BTC.

 

[MountainTracker]

We have Larry Fink giving Bitcoin a ringing endorsement, and now Trump says Jamie Dimon has “changed his tune” on Bitcoin. What are your thoughts? I certainly won’t be betting against Blackrock.

All good things for the price of btc….even though I don’t trust them ha. ETFs , MSTR and btc having a good pump today.


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[TX_Diver]

What are the ETH etfs? Is there something you can buy now that rolls over automatically?

 

[Poser]

What are the ETH etfs? Is there something you can buy now that rolls over automatically?

ETHE is grayscale’s ethererum trust which will roll over into an etf


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[MountainTracker]

ETHE is grayscale’s ethererum trust which will roll over into an etf


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If it’s anything like GBTC it will dump, but who knows with new management.


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[WoodDuck]

If it’s anything like GBTC it will dump, but who knows with new management.


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It’s even worse with fees at 2.5%! I’m not sure what angle they are trying to play, but the offerings from VanEck, Bitwise, BlackRock, etc are 1/10 the fees. I would imagine some people will dump ETHE for cheaper options, but then again they may not want to realize the capital gains to do so.