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Purpose Bitcoin ETF (BTCC)
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CI Galaxy Bitcoin ETF (BTCX.B)
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ISHARES BITCOIN TR (IBIT)
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Fidelity Wise Origin Bitcoin Fund Beneficial Interest (FBTC)
Q: Hi 5i team,
I am wondering if we should switch from the Canadian to the US spot Bitcoin ETFs, which have lower fees and higher liquidity. The US ETFs charge as low as low as 0.20%, while the Canadian ones charge around 0.88%. The US ETFs also have more trading volume and assets than the Canadian ones.
However, moving to the US ETFs would also involve some costs and risks, such as currency conversion, tax implications, and exchange rate fluctuations. It might also be too early to judge the performance of the US ETFs, as they are very new.
Please share your thoughts.
Best,
Matt
I am wondering if we should switch from the Canadian to the US spot Bitcoin ETFs, which have lower fees and higher liquidity. The US ETFs charge as low as low as 0.20%, while the Canadian ones charge around 0.88%. The US ETFs also have more trading volume and assets than the Canadian ones.
However, moving to the US ETFs would also involve some costs and risks, such as currency conversion, tax implications, and exchange rate fluctuations. It might also be too early to judge the performance of the US ETFs, as they are very new.
Please share your thoughts.
Best,
Matt
