#ETFvsBTC Bitcoin ETFs and direct Bitcoin purchases both have their advantages and disadvantages:
Advantages of Bitcoin ETFs:
- Tax sheltering is possible
- No need to worry about passwords
- Regulated environment
- No need to worry about custody
Disadvantages of Bitcoin ETFs:
- Need to pay management fees
- No direct ownership
- Trading is limited to market hours
Advantages of direct Bitcoin purchases:
- Can be used as a currency
- No management fees
- Complete ownership
- 24/7/365 days a year access
Disadvantages of direct Bitcoin purchases:
- Volatility of Bitcoin prices
- Custody issues
- No tax sheltering
It is important to consider your goals and risk tolerance before deciding on either option.#ETHETFS #ETFvsBTC