Post
Topic
Board Bitcoin Discussion
Re: Thinking of buying BTC on the London Stcok Exchange
by
Ale88
on 25/12/2024, 02:45:26 UTC
So on an investment side of things (and not day to day spending)

I see hat the LSE now sell BTC on there exchange in the following tickers

Code   Instrument name   Price
ABTC   21SHARES BITCOIN ETP   28.37 GBP
AETH   21SHARES ETHEREUM STAKING ETP   34.24 GBP
BTCU   21SHARES BITCOIN ETP   36.05 USD
CBTC   21SHARES BITCOIN CORE ETP   20.06 GBP

Has anyone ever done it like this and used a stock exchange to buy there from

How safe is it?
How dose the price differ from BTC its self?
What commision do they charge?
And when you purchase this way, do you actully own BTC or is it a futures market?

Thanks
The main reason you should ask yourself is why you are looking to buy a subproduct of bitcoin instead of buying the original. Is it because you just want to make some quick money out of it? Is it because you find too complicate to buy on an exchange and then safely store them? I understand your questions are different but the fact that you don't even know that of course you're not buying actual bitcoins is worrying to be honest.