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Is it possible to invest Crypto in your ISA?
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Amazin
Posts: 117 Forumite
As far I'm aware you can't invest into crypto in ISAs. Please do let me know if I'm wrong
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Not directly. You also cannot access US-based Bitcoin ETFs. Closest you can do is probably investing in connected firms like MicroStrategy, Coinbase etc. On a quick look there seems to be one ETF that is Crypto orientated (DAGB) - holds 20 different stocks.3
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Oh thanks, will look into all that0
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I think you will find that Microstrategy - an IT company - is the most correlated to Bitcoin as it appears the co-founder and I believe major shareholder Michael J Saylor is a BTC fanatic, ploughs company profits into BTC which probably makes up most of the company's assets. Currency exchange fees are the rip off in ISA's unless you are with IBKR and of course investing in one single company comes with risks.
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