As a financial professional, I'm curious to understand the nuances of different spot bitcoin ETFs. Could you elaborate on the key distinctions between various offerings? Specifically, I'm interested in knowing about the differences in terms of investment strategies, asset allocation, fees, liquidity, and risk profiles. Additionally, how do these ETFs compare to other investment options like 
Bitcoin futures or directly buying bitcoin? What are some of the key factors investors should consider before investing in spot bitcoin ETFs?
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    CherryBlossomFalling
    Thu Jul 18 2024
   
  
    The Franklin Bitcoin ETF (EZBC) stands as the most economical option, boasting a mere 0.19% expense ratio.
  
  
 
            
            
  
    
    Sara
    Thu Jul 18 2024
   
  
    GBTC stands out as the most expensive fund, boasting a 1.5% expense ratio. 
  
  
 
            
            
  
    
    Daniele
    Thu Jul 18 2024
   
  
    This significantly surpasses its competitors, indicating a higher cost of investment for those who choose this particular ETF.
  
  
 
            
            
  
    
    Margherita
    Thu Jul 18 2024
   
  
    In contrast, IBIT and FBTC offer more competitive rates, both charging 0.25% in fees. 
  
  
 
            
            
  
    
    SakuraFestival
    Thu Jul 18 2024
   
  
    Among the various spot bitcoin ETFs, a notable distinction lies in the fees imposed.