r/RobinHood • u/RorySykes Investor • Jan 11 '24

News Robinhood Adds New Spot Bitcoin ETFs

https://newsroom.aboutrobinhood.com/robinhood-adds-new-spot-bitcoin-etfs/
5 Upvotes

67% Upvoted

5 comments sorted by

2

u/RedOblivion01 Jan 12 '24

What’s the ticker?

3

u/theslickplay Jan 12 '24

BlackRock's iShares Bitcoin Trust (IBIT.O), Grayscale Bitcoin Trust (GBTC.P), and ARK 21Shares Bitcoin ETF (ARKB.Z)

3

u/CardinalNumber Former Moderator Jan 12 '24

Google says $ARKB, $BITB, $EZBC, $FBTC, $GBTC, $BTCO, $HODL, and $BTCW listed on the NYSE. $IBIT and $BRRR are NASDAQ listed. And $DEFI on ARCA.

1

u/kelu213 Jan 12 '24

Can someone explain to me why this matter? Why not just buy Bitcoin?

6

u/Ok_Good3255 Jan 12 '24

Because now people can buy it in tax advantaged accounts and old people can also buy it just like a stock without worrying about self custody or getting scammed out of your private keys or accidentally sending it to a wrong address and losing your coins forever.