In this video, I discuss the Bitwise 10 Crypto Index Fund (BITW), and whether I think it is a good investment.
Unfortunately the high expense ratio (2.50%) and the huge premium to NAV are both deal breakers for me.
I think that it makes much more sense to buy BTC itself using Coinbase Pro or Gemini ActiveTrader and then withdraw it and hold it on a hardware wallet like the Trezor. In this way, there is no annual management fee and you get to hold your own private keys.
Not investment advice! Consult a financial advisor.
Bitwise 10 Crypto Index Fund (BITW):
https://www.bitwiseinvestments.com/funds/Bitwise-10
https://www.thinkadvisor.com/2020/12/09/bitwise-launches-first-cryptocurrency-index-fund/
Top cryptocurrencies by market cap:
https://coinmarketcap.com/
How to buy and store Bitcoin the right way:
https://www.youtube.com/watch?v=x1iFxUkWmxQ&ab_channel=TraderUniversity
Coinbase Pro fees:
https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/fees
Gemini ActiveTrader fees:
https://gemini.com/fees/activetrader-fee-schedule#section-active-trader-fee-schedule
Trezor hardware wallet:
https://trezor.io/
Is XRP a Scam?
https://www.youtube.com/watch?v=0BnNtwtvcYs&ab_channel=TraderUniversity
How to hold Bitcoin in an IRA:
https://www.retirewithchoice.com/
https://www.youtube.com/watch?v=M4MC-kKOWPQ&ab_channel=VulcanTrader
How I store my Bitcoin using multi-sig:
https://www.youtube.com/watch?v=dt7mryC8kLQ&ab_channel=TraderUniversity
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
Unfortunately the high expense ratio (2.50%) and the huge premium to NAV are both deal breakers for me.
I think that it makes much more sense to buy BTC itself using Coinbase Pro or Gemini ActiveTrader and then withdraw it and hold it on a hardware wallet like the Trezor. In this way, there is no annual management fee and you get to hold your own private keys.
Not investment advice! Consult a financial advisor.
Bitwise 10 Crypto Index Fund (BITW):
https://www.bitwiseinvestments.com/funds/Bitwise-10
https://www.thinkadvisor.com/2020/12/09/bitwise-launches-first-cryptocurrency-index-fund/
Top cryptocurrencies by market cap:
https://coinmarketcap.com/
How to buy and store Bitcoin the right way:
https://www.youtube.com/watch?v=x1iFxUkWmxQ&ab_channel=TraderUniversity
Coinbase Pro fees:
https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/fees
Gemini ActiveTrader fees:
https://gemini.com/fees/activetrader-fee-schedule#section-active-trader-fee-schedule
Trezor hardware wallet:
https://trezor.io/
Is XRP a Scam?
https://www.youtube.com/watch?v=0BnNtwtvcYs&ab_channel=TraderUniversity
How to hold Bitcoin in an IRA:
https://www.retirewithchoice.com/
https://www.youtube.com/watch?v=M4MC-kKOWPQ&ab_channel=VulcanTrader
How I store my Bitcoin using multi-sig:
https://www.youtube.com/watch?v=dt7mryC8kLQ&ab_channel=TraderUniversity
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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- Crypto Investing
- Tags

BITW is a fraud. Please check its prices which do not correspond with bitcoin and other crypto. I have lost a lot of money on that garbage stock.