Post
Topic
Board Bitcoin Discussion
Re: Is Buying Shares of a BTC ETF a good way to invest in Bitcoin?
by
BitGoba
on 25/07/2025, 05:49:50 UTC

Just recently I've decided to invest in Bitcoin and have chosen to buy shares in Fidelity's FBTC Exchange-Traded-Fund.

My choice was primarily between Fidelity's FBTC and Blackrock's IBIT. I chose FBTC because I like and trust Fidelity's service and I like their Trading Dashboard features.

Is Buying Shares of a BTC ETF a good way for non-tech new (late-to the game) investors to invest in BTC?   

Buying a BTC ETF is not a good idea. When you buy an ETF, you don’t actually own anything , you only own an IOU, a promise that someone else owns the actual asset for you. You have to trust the other party that they really possess the Bitcoin and that they will pay you when you ask for it.

For example, what if things go wrong hyperinflation hits the US, a civil war breaks out, or there is anarchy? How will you then access your money? In such situations, there is a high chance you could lose everything.

On the other hand, when you own Bitcoin on your hardware wallet, you truly own a bearer asset. You can always carry it with you, go anywhere in the world, and exchange it for local currency. You can directly use and spend Bitcoin, which ETFs or IOUs do not allow.