BUY Conviction3/5 Analysis quality70/100 now
Following the approval of 11 Bitcoin ETFs, the YouTuber suggests buying BITB due to its low 0.2% management fee, which is the lowest among the approved funds. He argues that since all these ETFs simply buy and hold Bitcoin, there's no reason to choose a fund with a higher expense ratio.
“if I do buy back in it's not going to be into that gbtc which charges a 1 and a half% management fee but the bitb which is charging just 2% the lowest among these approved funds.”