BlackRock’s Bitcoin ETF - Should you Buy It?

What are the pros and cons to buying the spot bitcoin ETF compared to actual bitcoin.

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00:00 Intro
00:48 Big Picture Considerations
02:12 Positives of Spot Bitcoin ETFs
05:54 Negatives of Spot Bitcoin ETFs

#bitcoin #crypto #investing

Disclaimer
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

[BS-zmfv]

Lark you didn’t mention IRA’s. You could potentially decide to allocate a % to the ETF’s and have the option to occasionally rebalance without the tax hit. Spot BTC could be used as a savings option in an emergency fund(maybe)or a long term hold.

[thegalavantingbachelor]

Back in 2018, I had a significant portion of my 401k retirement fund invested in a Grayscale Bitcoin ETF, and while the coin holders were making a killing and becoming rich, I was receiving petty table scraps like a pet dog. I learned my lesson, and the choice is pretty clear, folks.

[samlipsit]

“Those people are special “ brilliant ! 🤣🤣🤣🤣

[groseromedia]

Why can't it be both? Different applications for max exposure/ flexibility.

[melanie]

Good video, Lark. Owned bitcoin for years, but also bought IBIT, for no other reason than, it's Black Rock, and they always win.

[satoshijames]

No one is Rekt until they sell for a loss. Down equals buy. Up equals don't sell.

[mateocamarillomoya]

love all these interoperability plays. Currently have a small bag in AMSGTTM. I would love your thoughts on this one as you metioned it ealier.

[Lucastoxico]

I’m up 94% on my ACMERC. Wish I’d snagged more. How & when do you ADD to your WINNERS?

[AbelMartinez-xbgl]

New week up as many FOMO in. But the ACMERC story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).

[greigclement]

There's going to be eventually mope than 21 million btc etf shares available so that's a big difference in the scarcity issue.

[JhosuaEzauUgaldeAguilar]

I understand why you choose AMSGTTM since it will have selling preasure in the next bull.

[leonulousrodriguez]

My perplexity is between holding $FUN on spot or futures trading. Thinking of feasting on the volatilities to maximize gains.

[hermitcrypto]

My plan is to have some IBIT in my Roth, purely to sell in the future into solid stocks

[cryptotharg]

Buying any of the ETFs gives you an instrument that tracks the dollar price of BTC. When you sell your ETF holdings, you get nasty fiat "money", not BTC. Buy the real thing and self-custody it. It's pretty simple to do. 😎

[andreiramirez]

While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example ACMERC will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.

[saulmirelesreyes]

I believe ACMERC will conservatively hit $5.00 by 2025. That's a 20x return from it's current price with very little downside. I'm buying all I can.

[luisalbertoalvaradorodrigu]

I raised the hammer high when your first pick was ACMERC.. Been collecting this bear cycle.

[Xdnnn]

Why is ACMERC doing so well? That is concerning to me.

[melissapereira]

Not your keys not your crypto.
🔑 = FREEDOM
Sorry BR.

[HumbertoDelacruz-lsre]

AMSGTTM is gonna go to $2 in a year..probably ahead of bitcoin in 4-5 years