Dollars and Hops

049 | Bitcoin ETF's | How Do I Create Generational Wealth? | Tecate or Sol?

Listen Later

We’re back!!! 

Today going to do a deep dive into Bitcoin ETFs


Money Hack of the Week: Cancel unused subscriptions.

Go to settings on iphone, click your name, tap subscriptions to review active subs

Amazon: Accounts and lists: Other subscriptions 

Check your credit card statements


Main Topic: The Bitcoin ETF

  • What is it?

    • A way to buy into BITCOIN without opening a crypto wallet.

    • Nice thing about an ETF is that it’s like owning a security

    • Will get 1099 tax statements - don’t need to track on your own

    • Also - very secure. REGULATED

    • Essentially you’re buying into a fund that owns the bitcoin.  The price of the ETF fluctuates just like the price of bitcoin.

    • What are some of the best Bitcoin ETF funds?

    • Is it safe?

    • Do we think Bitcoin will go up in value?

      • Will institutional investors drive the price up?

      • Range in cost (expense ratio) from .19% to 1.5%

      • Franklin Bitcoin ETF EZBC - .19% E.R.


        • Bitwise Bitcoing ETF - BITB -.2% E.R.


        These funds essentially just hold Bitcoin in a coinbase account


        Questions that need answers

        -PLEASE WRITE US AT [email protected] 

        • What are some strategies for listeners to build and pass on generational wealth, ensuring financial stability for future generations?

        • I have a 401k at work - what should I invest in to stay diversified- what’s best?


          • ...more
          View all episodesView all episodes
          Download on the App Store
          Dollars and HopsBy Dollars and Hops
          • 5
          • 5
          • 5
          • 5
          • 5

          5

          22 ratings