I like BITO over the CC ETFS that use BITO as the UL security in one form or another. BITO is paying a good dividend and the price action is aligned to BTC. In the CC ETFs you will get capped out on the upside.
Appreciate the detailed breakdown! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Good review thanks. I have held BITO for about a year, the price has dropped a lot, flat NAV would be perfect for me. I've been trying to sell when high and buy back low but not miss the ex-div. It is my Bitcoin proxy, as a long, and also I go in and out of MSTR short term.
Ybtc hold the nav WAY better than the rest, including btc itself. Why am i seeing so much bito love when its obviously dropping. I wabt high yield plus best price on nav. What good is 80% yield when its on 80k one month, then 75, then 68 and so on. Nav MATTERS on these. Bito is like the defiance turds that are sinking and got reverse split. The expectation should not be to reinvest 100% distribution like con man Jay says for YM funds.
I was not aware of the possibility of making dividends with Bitcoin products on Wall Street. Something to remember is just fiat money and is not same as investing directly in Bitcoin the true way.
You can't buy anything of value with the volatility of bitcoin. It fluctuates so much in just one day, you might as well trade BITO and have cash dividends to do what you like, yes in fiat currency.
Added more #MSTY with my dividend payments. If BTC goes to $100K+ at the end of 2024, that would be pretty nice 🚀
I like BITO over the CC ETFS that use BITO as the UL security in one form or another. BITO is paying a good dividend and the price action is aligned to BTC. In the CC ETFs you will get capped out on the upside.
BITO BITO BITO...❤❤❤
YBIT TO THE MOON BABY!!! 🚀
Appreciate the detailed breakdown! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Good review thanks. I have held BITO for about a year, the price has dropped a lot, flat NAV would be perfect for me. I've been trying to sell when high and buy back low but not miss the ex-div. It is my Bitcoin proxy, as a long, and also I go in and out of MSTR short term.
Go MSTY!!!!!
I think is better to buy BITO instead of YBTC.Is there another crash loorking? What u think?
I sold YBTC and buy BITO instead.
Crazy week for sure.
up then down haha
Ybtc hold the nav WAY better than the rest, including btc itself. Why am i seeing so much bito love when its obviously dropping. I wabt high yield plus best price on nav. What good is 80% yield when its on 80k one month, then 75, then 68 and so on. Nav MATTERS on these. Bito is like the defiance turds that are sinking and got reverse split. The expectation should not be to reinvest 100% distribution like con man Jay says for YM funds.
I was not aware of the possibility of making dividends with Bitcoin products on Wall Street. Something to remember is just fiat money and is not same as investing directly in Bitcoin the true way.
You can't buy anything of value with the volatility of bitcoin. It fluctuates so much in just one day, you might as well trade BITO and have cash dividends to do what you like, yes in fiat currency.
I love YBIT
I am in BITO, YBIT, CONY, MSTY, and occasionally YBTC
Drink some water! 😅
Nice presentation 💯💯💯
.67 on YBIT in August due in my account today.
What does it mean?