Crypto SIPP

I have been waiting for a Crypto ETF so I can get some Bitcoin exposure in to my pension.

I do have indirect exposure through things like Square.

This latest move in bitcoin has prompted me to accept a bit more risk by adding Bitcoin to my SIPP via a ETN.

“ETN vs. ETF

ETNs are structured products that are issued as senior debt notes, while ETFs represent a stake in an underlying commodity. ETNs are more like bonds in that they are unsecured. ETFs provide investments into a fund that holds the assets it tracks, like stocks, bonds, or gold.”

An ETN is currently the only way I can capture Bitcoin moves in my SIPP.

I will swap it out for the ETF when it comes out.

Which should not be too long now.

Uncategorized

<span>%d</span> bloggers like this: