Which S&S ISA (or SIPP) providers have Crypto ETFs available ?

optoutDB

I'm about to sell my profitable crypto coin for £6k profit to avoid future CGT (and keep the losing coin for a while).  But I don't want to get out of crypto now that I am finally in profit!  My current ISA is with ii and I can't find any crypto ETFs there to make a quick swap easy.

So looking to move £20k into a new S&S ISA and into crypto ETFs as soon after 5th April as possible.

edit: Or SIPP provider offering crypto ETF as it doesn't matter which CGT exempt wrapper.

Albermarle

Crypto ETF's are a new thing, and currently only available in the US as far as I know.
Even if they were available in the UK, it is not clear they would be a regulated investment suitable for inclusion in an ISA.

masonic

You may be better off looking into SIPP providers who offer access to US markets.

optoutDB

masonic said:

You may be better off looking into SIPP providers who offer access to US markets.

Thanks, I've edited my question.

But thinking about it now, SIPP doesn't help me much does it? If when I draw my pension I've already used my tax free allowance, then I will be taxed on the gains.  Ah .. 25% tax free. So SIPP is 25% efficient at avoiding tax on any gains compared to ISA which is 100% efficient.

j_netprofit

Is tis what we're talking about?

https://markets.ft.com/data/etfs/tearsheet/summary?s=DAGB:LSE:GBP

eskbanker

optoutDB said:

masonic said:

You may be better off looking into SIPP providers who offer access to US markets.

Thanks, I've edited my question.

But thinking about it now, SIPP doesn't help me much does it? If when I draw my pension I've already used my tax free allowance, then I will be taxed on the gains.  Ah .. 25% tax free. So SIPP is 25% efficient at avoiding tax on any gains compared to ISA which is 100% efficient.

Gains aren't taxed within either of the tax wrappers (SIPP or ISA) and the former is generally more efficient than the latter, in that you get tax relief on the way in that more than compensates for the taxation on 75% on the way out again.

Albermarle

optoutDB said:

masonic said:

You may be better off looking into SIPP providers who offer access to US markets.

Thanks, I've edited my question.

But thinking about it now, SIPP doesn't help me much does it? If when I draw my pension I've already used my tax free allowance, then I will be taxed on the gains.  Ah .. 25% tax free. So SIPP is 25% efficient at avoiding tax on any gains compared to ISA which is 100% efficient.

The money going into an ISA has normally already been taxed, whereas contributions to a pension are effectively made with untaxed money.
The pension is more tax efficient , but the money can not be touched until you are in your late Fifties.

optoutDB

I could have added that I do put as much as I can get relief on into my pension. So whatever I do with this crypto exposure doesn't affect my tax relief on pension contributions.

Seems we (UK) can buy ETFs that are invested in the Blockchain/DeFi industry. But not yet the 'Spot' ETFs that are directly in the Assets (coins).   I may go for some of these crypto industry ETFs.

But I do have superstitious FOMO feelings. I would bet on the coin I sell going up after I sell it. .....  Maybe that's the answer: use derivatives / betting markets rather than buying the asset.

 

j_netprofit

optoutDB said:

Seems we (UK) can buy ETFs that are invested in the Blockchain/DeFi industry. But not yet the 'Spot' ETFs that are directly in the Assets (coins).   I may go for some of these crypto industry ETFs.

And is that what this is? https://markets.ft.com/data/etfs/tearsheet/summary?s=DAGB:LSE:GBP

What other examples are there?