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Fidelity Advantage Ether ETF (FETH $78.06)
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Ishares Bitcoin ETF (IBIT)
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3iQ Solana Staking ETF (SOLQ $22.24)
Q: I am considering holding a crypto currency ETF in my TFSA, approximately 5% of current TFSA total, with a 10+ year horizon. My goal is good long term return tax free.
Would you agree with this strategy>
Would you choose Bitcoin or Etheureum?
Would you choose an ETF or MSTR or BMNR? Why?
If an ETF, which Canadian ETFs would you investigate?
Thank you for your ongoing great service.
Would you agree with this strategy>
Would you choose Bitcoin or Etheureum?
Would you choose an ETF or MSTR or BMNR? Why?
If an ETF, which Canadian ETFs would you investigate?
Thank you for your ongoing great service.
5i Research Answer:
While we cannot personalize responses, for this approach, we would prefer a mix of ETFs. We would prefer mostly BTC (60% to 70%), with the remainder being in ETH, or a combination of ETH/SOL.
We like: IBIT (Canadian version), FETH, SOLQ.
For higher growth we like MSTR and BMNR, but these can have significant drawdowns, and for a long-term approach, we would prefer the spot crypto ETFs.