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Bitcoin Tracker One XBT Provider (SEK) a buy or a trap?
mooneysaver
Posts: 149 Forumite
Link to Morningstar profile:
https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0001K7OJ
https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0001K7OJ
0
Comments
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Appears to do what it says on the tin. But if you were interested in Bitcoin, why would you buy a promise from an obscure small company in the Channel Islands (Coinshares Capital Markets, current market cap £220m) to pay you the price of Bitcoin, instead of buying Bitcoin?
2.5% per year management fee! *long whistle* Freedom from greedy bankers!1
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