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re: How much should I invest in BTC today?
Posted on 5/7/24 at 10:16 am to LSUSLU106
Posted on 5/7/24 at 10:16 am to LSUSLU106
quote:
If you want some exposure to Bitcoin possibly just buy some of it in one of the new ETF's if you have Fidelity the ticker is "FBTC".
Is there a thread that talks specifically about all the new Bitcoin ETFs that one can look at? I have Fidelity, so just looked up FBTC and its $55.84...is that per share like a stock?
Another interesting thing that would be interesting to understand how it works better is the notification on FBTCs page:
"Fidelity Investments is waiving the fee to invest in FBTC. Starting August 1, 2024 Fidelity will began charging an expense ration of 25 basis points"
I'm assuming any FBTC bought prior to 8/1 one get that charge...maybe? And anyone able to explain a scenario of how this will be charged? Ie...if I bought 10 shares of FBTC after 8/1...how does that 25 basis points get charged? Thanks.
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