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Old 16 January 2024, 05:21 AM   #11
huncho
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Quote:
Originally Posted by piratfisk View Post
Buying BTC/ETH directly (like through RobinHood app) wouldn't have a fee, you're just buying the coin. An ETF has a fee because you need to pay for someone to manage the fund's holdings.
that's also because crypto on robinhood is an i owe you. it's nothing like buying the actual coin because you don't actually get the coins and can't withdraw them. it's basically just robinhood giving you "fake" coins and promising they can exchange it back at a future date

there are only a few places you can buy actual btc in the US and they all have fees
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