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Bitcoin in an IRA: Are You Overpaying by 7x? |
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| Bitcoin in your IRA? You might be overpaying by 7x.* Today, one bitcoin fund that many investors have held in their IRAs for years has an expense ratio of 1.5%. BITB by Bitwise has an expense ratio of 0.20%. That is, shall we say, a gap. Don't overpay for bitcoin ETFs in your IRA. Switch to BITB. |
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The Bitwise Bitcoin ETF (BITB) is not suitable for all investors. An investment in BITB is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment. BITB is not an investment company registered under the Investment Company Act of 1940 (the "1940 Act"). As a result, shareholders of BITB do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act. Foreside Fund Services, LLC is the Marketing Agent for BITB. BITB Disclosures & Prospectus: bitbetf.com/welcome. BITB may not be the least expensive of all spot bitcoin ETFs. Consider consulting with an investment professional before investing. *As of April 15, 2024, the most widely held U.S. spot bitcoin ETF had an expense ratio of 1.5%, which is more than 7x the 0.20% expense ratio of the Bitwise Bitcoin ETF (BITB). |
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