Investment Q&A

Q: What are your preferred vehicles to hold crypto currency (bitcoin, ethereum, xrp) without holding the digital key personally? Please touch on risk levels, growth prospects. Deduct as many questions necessary.

Q: Hello,
I know you have answered many questions on this subject but can i get more clarity please? First, are you able to add the symbol BMNR to your list. I chose SBET as you have that in your list. When i look at price of bitcoin for last 5 years, it has gone up alot. However, MicroStrategy's return over the same period is much higher (it holds bitcoin). How could the difference be so diverse. I am wondering if i should go with sbet and bmnr (equal amounts) as opposed to Ethereum etfs.. Please comment and if you feel the etf route is best , what are the elf's you suggest in cdn $ for bitcoin and Ethereum?

Q: Hi there, I'm looking to add a small position to get Etherium exposure. What is your recommended way to get exposure on the TSX, if one doesn't want to hold the currency directly? Thank you!

Q: With the runup in bitcoin to $100K, do you think there's more potential in etherium and if so, what would be the best ways to play it?

thnx in advance
Dave

Q: Hi, Canadian Bitcoin ETFs seem to lose traction against the new US ETFs.
You had many comments on Bitcoin (halving,etc ..) in the QA.
What about the fate of Etherum ETFs ? Different enough or same path ? Why ?
Merci, Denise

Q: I have a very small amount invested in ETHX.B and my 22 year-old son is convinced I should have more invested in ethereum. I am a value investor in my 60s and just don't get cryptocurrency. Your comments appreciated regarding the future of ethereum.
Thanks!

Q: Can you suggest some Canadian and US listed stocks and ETF's one might want consider to get a small exposure to BlockChain in a TFSA. Do any of these companies make any money? Do you think the ETF's are reasonable proxies for BitCoin but with less volatility?

Q: Hi. I’m thinking of investing 2 to 4% of my portfolio in crypto as a diversifier: half in Bitcoin and half in Ethereum. But for a number of reasons I don’t want to invest directly myself, I’m thinking ETFs might be a good option. Have you done some research on Canadian Bitcoin ETFs and Ethereum ETFs? Which ETF for each coin would you recommend? Do you know which ones purchase the crytos directly? Or do they use future contracts, which I understand when they are rolled over causes slippage in the price of the ETF versus the underlying Bitcoin. Also, in the consideration is which one has the best MER? And final consideration which one has the best tracking error. Could you tell the best ETF for both Bitcoin and Ethereum, and why. Or are there better options in the US? Or do you think it is just a bad strategy overall?

Q: Hi
I am presently watching and considering adding these two stocks. I understand from past comments that they are considered to be the better ones. Could you give an explanation of why you consider these relatively safer. Thanks for your valuable guidance.
Gilles.

Q: Dear 5i team.

Now that Bitcoin seems to be forming a base in the 20k usd range, can you update your thoughts on:
1) The risks associated with owning crypto?
2) The best way(s) to own them? (Ie: in USD and CAD)

Any other commentary is welcome.

Thank you for your ongoing help in these matters.

Q: Is it worthwhile to own both Etherum and Bitcoin? Are they really different or one of them is enough to be exposed to the crypto sector? Etherum seems to fare a bit better. Thanks again.

Q: Hi 5i Looking to get into Crypto. What is the best Canadian ETF?

Q: I am buying Ethereum via ETHX.B:CA, but would like to invest in some other cryptocurrencies such as Solana. Would you be able to recommend a financially secure Canadian company where I can purchase cryptocurrencies and have that company hold the currencies on my behalf? My son is using Newton.co, but I have no idea if the company is financially secure.
Thanks!!

Q: Hi Peter & 5i team,
Many investors consider cryptocurrency highly speculative or even risky. Recently portfolio managers are adding crypto to their holdings. What would be a good way for the retail investor to add a small percentage ( if any) to their portfolio?
Thank you for your opinions.

Q: I have $10,000 that I would like to put towards some kind of crypto exposure. I'm just not sure how to play it, but I'll bet my trusty friend Peter will know! I'm open to any ideas including buying Bitcoin itself, or a miner, anything really. ETF's are a little boring but maybe with this amount of money that's all I can do? Perhaps split the money into 2 ideas? I'm very comfortable with risk. What would you do and thank you so much for helping with everything.

Q: Which of HUT, HIVE or GLXY would you recommend for a small speculative position? Or would you suggest a combination of HUT or HIVE plus GLXY assuming no material difference between the two bitcoin miners? Alternatively, is there a crypto ETF that you would suggest instead? Thanks.

Q: I was looking into crypto and was considering 65% ETHX.B and 35% BTCQ over buying ETC which is 70/30 Bitcoin/ Eth.
Wondering your thoughts as this would be a five year hold and a 5% position. I would also look at an Alt Coin ETF are you aware of any in Canada or USA?

Q: Thoughts on CTS for a smaller tech play and which is of these two do you prefer in the crypto space?

Thnx for all your great advice for us DIY!
Dave

Q: Is it time to get into cyber currencies and how would you suggest investing in it?

Q: Couple questions--do you have a preference among the ETFs linked solely to Ether? I saw the CI one has the lowest fee (or so the marketing says) and 100% cold storage.

Second, what's the difference between the ETHX.B (CAD "unhedged") and ETHX.U (which I guess trades in USD)? Just want to make sure that there are no hedging costs.. are both unhedged?

Thanks!!