Bitcoin ETF on IBKR

[racletteforall]

Hi all,

I would like to invest on BTC but I'm too lazy to create an account on a cryptocurrency broker. It's easier to have it unified on the same account of IBKR.

I saw that IBIT and FBTC have a big volume and low expense ratio (0.25) and then ARKB is even cheaper (0.21)but with less volume.

DO you have any experience with these? Do you recommend them?

Thank you.

 

[Baptiste Wicht]

Hi

I do not have experience with it, but I know that many people are using IBIT.

Last time I checked, you could not use IBIT on IB because of crypto. But you may be able to get IB1T which is another alternative held in Switzerland.

If I were using a BTC ETF, I would probably go with IBIT or IB1T.

 

[Lelouch]

I don't think you can buy crypto ETFs with IBKR. But you can buy the crypto/coins directly (They use Paxos, you need to ask the permission to trade it with IBKR). Saxo does allow you to buy IBIT/FBTC though.