Andrei’s Take on Bitcoin ETFs
Andrei Jikh shares his experience buying and rating all of the recently released Bitcoin ETFs. He shares information and answers questions about what this means for you and your investment. On the first trading day, the new spot Bitcoin ETFs generated $4.6 billion. This makes the spot Bitcoin ETFs the most popular ETF asset class ever.
Performance of the ETFs
Bitcoin’s price remained relatively stable on the day of the ETFs’ launch and then dropped from $46,500 to $42,500 over the following days. Jikh provides further context, comparing the ETFs performance with the price drop. He compares various spot Bitcoin ETFs based on price growth and lowest expense ratio.
Comparing Bitcoin ETFs
Jikh bought all available Bitcoin ETFs to compare their performance and identify the better performing ones. Based on his $100 investment, he shares his findings on the performance of each.
Ranking the Bitcoin ETFs
Jikh ranked the Bitcoin ETFs with the best performance based on his investment, revealing DPWL as the top performer and sharing the performance of others ETFs. Based on fees, he also highlights that Bitcoin ETFs could introduce risks.
Hot Take: Make an Informed Choice
What should you know before investing in Bitcoin ETFs? Educate yourself on your investment options, performance of the ETFs, and the fees and potential risks involved with choosing a Bitcoin ETF. And learn more about self-custody of Bitcoin, Jikh concludes.