Some people cannot or are not capable of buying real bitcoins and storing the private keys, without losing them My friend (real friend, not metaphorical friend) is still better off with the bitcoinIRA than 99% of the mutual funds or etf's and now he will be better off if he is able to roll over to a traditional IRA with new bitcoin spot etf's Something happened in the past that got the whole retirement industry fucked up for the workers. Not hyperbole, but literally FUCKED UP No one was looking out for the workers, not the employers, not the fiduciaries, not the lawmakers If people go with the bitcoinIRA or bitcoin spot etf and bitcoin goes to $1M and higher, it will be a big chance for the people investing for their retirement Watch this video and you will understand if I'm telling you the truth. Watch it in 1.75x speed if you'd like
The thing I like about ETF is that large retirement funds and pension funds now have an option to buy spot BTC. That’s great for the price of BTC. I won’t be buying an ETF in my personal account but I have an employer 401k that can now buy BTC if they choose to. I’m planning on pestering my 401k manager to include the ETF in one of their funds that are available to me.
All the bitcoin haterz are going to be forced to own bitcoin, lmao Blackrock is sneaking it into their funds, Fidelity already did it, and Arizona Pension fund also announced they will do it https://www.sec.gov/ixviewer/ix.htm...ata/834237/000119312524062281/d806037d497.htm
Not only that these ETFs are smashing successes, even more then they were a couple weeks ago. Flows and volume are actually going up! So far this week (its Friday AM, 03/08/2024) the US ETFs as a group have taken in more than 2BB THIS WEEK ... AND THERE IS STILL 1 DAY LEFT! You dont have to be a math major to know that ~2BB a week is around 100BB a freakin year! Demand is exploding, doubters in shambles.
Last week I transferred a 401k from a former employer to an IRA with Fidelity. They are waving the fee until August.