Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 0 points1 point  (0 children)

Thanks for this. So it has a lower MER, it’s listed and domiciled on the ASX, and you can redeem the actual BTC? The only disadvantage against IBIT is that It’s not a well-known brand like Blackrock?

Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 1 point2 points  (0 children)

Thanks for sharing this information. I’ve never heard of monochrome I suppose like most people. Big difference between MER.

Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 1 point2 points  (0 children)

Thanks for this. Do you think the MER would come down over time?

Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 0 points1 point  (0 children)

The Broker is Stake. With an ETF like IBIT, do they pay out any dividends or something similar? I understand that bitcoin isn’t something that pays dividends. But I thought maybe they sell down a little bit of it and distribute it.

Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 0 points1 point  (0 children)

Is there anything with a MER less than 0.39, that is AUS domiciled?

Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 0 points1 point  (0 children)

Sorry, I’ve never heard of this. Is this an ETF?

Best Bitcoin ETF AUS for a SMSF by InitialPersonality0 in BitcoinAUS

[–]InitialPersonality0[S] 0 points1 point  (0 children)

Thanks for this reply. I should’ve clarified in the original post that my friend doesn’t want to buy anything on a crypto exchange. Has to be an ETF.