[USER]

Vanguard won’t allow their investors to purchase bitcoin so I’ve been lazy and haven’t done it yet because I didn’t want to have to open another brokerage just for 1 investment option.

I’m kicking myself for not doing it sooner now.

I’d like to purchase IBIT. Which larger brokerage allows the purchase of IBIT and why won’t vanguard allow it?

I feel like they’ve done a disservice to their investors for not allowing us to purchase it!

[Ella]

Where you can buy Bitcoin
Kraken, Coinbase, Swan, Strike, Cashapp, River, Robinhood
Easiest you can do is use trust wallet buy with credit card and hold your btc.

[Lee]

Annoyed with Vanguard as that is my main brokerage firm. Luckily I purchase my BTC elsewhere. Someone mentioned Fidelity.

I believe that is a good big house firm which lets you purchase ibit.

[Shawn]

I feel like the SEC has done investors a disservice. We shouldn’t allow gambling with retirement money. The same way be won’t let you take it to the craps table or throw it in a massive bon fire.

Vanguard is in the right on this one.

Thank you for preventing the murder of investment capital.

[Kitty]

Vanguard still considers the digital asset market speculative and not a viable investment. Or did and may come around with Blackrock and the rest in time.

It’s unfortunate to say the least. With equities, you own a share of the company but with BTC ETFs you do not own Bitcoin.

Owning Bitcoin is an important distinction because it is a digital property that anyone can own and custody themselves.

Like gold. Being in control of the asset is a primary reason for its design and creation.

To buy it directly, you can do so through a registered digital exchange (Coinbase, Binance, KuKoin, Kraken) and then take custody with a hardware device to remove them from the exchange.

Bitcoin then becomes seizure resistant and if ever something happens with the exchange, you won’t be worried because you have your “keys” to your own assets.

[Evelyne]

Fidelity. (FBTC is what I buy). Vanguard is trying to pigeonhole you and it’s been the reason many people have switched brokers these last few years.

[XM]

Best way to buy BTC is through central exchanges like Coinbase, Kraken, etc. Store BTC in your own wallet (hot or cold) and save your seed phrase.

Not your keys, not your coins.

[Dustin]

Fidelity has the ETF’s and actual crypto in some states. I use robinhood for my crypto because it’s so simple.

I know people don’t like robinhood, but they are insured just like everyone else, and even have aftermarket trading.

[Chelsea]

I use Vanguard and have a Robinhood account where I’ve bought Bitcoin (sold what I owned earlier this year..oops)

[Bernard]

research microstrategy for btc exposure if you dont want to hold the actual crypto. MSTR is the ticker

[Jen]

I’m the odd man out, but have been super happy with eTrade as my main brokerage – and they have bitcoin ETFs available.

[Yoan]

My 401k is managed by Merrill. They won’t let me buy bitcoin etfs but they let me YOLO my entire 401k into micro strategy.

It actually worked out incredibly well for me however I wish I could change it to bitcoin etf right now.

I trust bitcoin I don’t trust individual stock.

[Author]

Posts