Bitcoin pension scheme.....is there one?

WinchesterFirearms

Pretty much as the title - I'm looking for a pension scheme that invests in Bitcoin but Google isn't helping.
Does anybody here know of a scheme please?

Dox

HL certainly used to - check with them: https://www.thisismoney.co.uk/money/investing/article-4562190/Hargreaves-Lansdown-lets-customers-invest-bitcoin.html

WinchesterFirearms

Dox said:

HL certainly used to - check with them

You're right - thanks so much!

bowlhead99

A way to take exposure to bitcoin in a pensions wrapper is to buy an ETC (exchange traded certificate, traded on a stock exchange) which represents an allocation of bitcoin held by a custodian (the number of coins represented by the ETC ticks down over time to cover a management fee expense).

Two examples would be the one from XBT Provider listed on the Stockholm Nasdaq (ISIN: SE0007126024) and the one from BTC Issuance GmbH (BTCetc) trading on Xetra / German Bourse (ISIN: DE000A27Z304).  The XBT one is priced in SEK or EUR and has a few hundred million dollars worth of coins under management, while the BTCetc one is priced in EUR with about $60m-worth, more recently launched but with a lower fee (2% vs 2.5% for the XBT offering which was featured in the linked article above)

Either of them should be eligible to hold in a pension. I wouldn't pay too much attention to hype articles from Daily Mail / ThisisMoney as they don't really seem to know the difference between a tracker fund, ETN or ETC, but it is certainly possible. I have a small amount of BTCetc via my AJ Bell SIPP.

For obvious reasons it's not my entire pension (less than a percent of the pension); a 'pension scheme that invests in bitcoin' and only bitcoin, which you might have been looking for, is not something that we'd really expect to find.

WinchesterFirearms

bowlhead99 said:

A way to take exposure to bitcoin in a pensions wrapper is to buy an ETC (exchange traded certificate, traded on a stock exchange) which represents an allocation of bitcoin held by a custodian (the number of coins represented by the ETC ticks down over time to cover a management fee expense).

Two examples would be the one from XBT Provider listed on the Stockholm Nasdaq (ISIN: SE0007126024) and the one from BTC Issuance GmbH (BTCetc) trading on Xetra / German Bourse (ISIN: DE000A27Z304).  The XBT one is priced in SEK or EUR and has a few hundred million dollars worth of coins under management, while the BTCetc one is priced in EUR with about $60m-worth, more recently launched but with a lower fee (2% vs 2.5% for the XBT offering which was featured in the linked article above)

Either of them should be eligible to hold in a pension. I wouldn't pay too much attention to hype articles from Daily Mail / ThisisMoney as they don't really seem to know the difference between a tracker fund, ETN or ETC, but it is certainly possible. I have a small amount of BTCetc via my AJ Bell SIPP.

For obvious reasons it's not my entire pension (less than a percent of the pension); a 'pension scheme that invests in bitcoin' and only bitcoin, which you might have been looking for, is not something that we'd really expect to find.

Many thanks - that's very useful.