How to buy Bito ETF?

Investors can buy shares of BITO directly through the fund company or through a brokerage. Since ETFs are investment securities that can be bought and sold on an exchange like stocks, the BITO ETF can provide simple, indirect access to this cryptocurrency for retail investors.

Is Bito a good investment?

BITO specifically is a huge step down in expenses from the most popular Bitcoin fund, the Grayscale Bitcoin Trust ( GBTC ), which charges 2.0% annually, or more than twice BITO's fee. (Just note that GBTC attempts to track spot prices, which is a different type of exposure than Bitcoin futures.) A door for institutional investors.

What is Bito & how does it work?

BITO has already established itself as a groundbreaking event on the ETFs and futures markets, as well as an important step in improving the legal status of cryptocurrencies. As of now, investors and traders of all kinds got the most legally clean way of working with Bitcoin and this way is using BITO.

Should I buy Bito (BTC)?

If you buy BITO, you may see a swing in your investment that is greater or less than the swing in BTC. It should be approximate, but there are no guarantees. BITO is also expensive. It carries an expense ratio of 0.95% or 95 basis points. Fact is, you can pretty much find ETFs all day, every day, with expense ratios at a third of that or less.