Bitvavo: Bitcoin ETF and Recurring Buy

Bitvavo offers the “Recurring Buy” option, which allows you to automatically buy and invest in cryptocurrencies without constantly monitoring the market. Oriol Blanch, Bitvavo’s affiliate manager, explains how it works in a new 11Onze podcast where we also talk about the new Bitcoin ETFs.

 

Just a week ago, the US Securities and Exchange Commission (SEC) approved the trading of ETFs (Exchange Traded Funds) linked to bitcoin spot (remember that Bitcoin futures ETFs were already allowed). The green light from the US regulator boosts the popularisation of crypto-asset investment through traditional markets.

These new Bitcoin ETFs have accumulated 95,000 BTC in the first six days of trading. ETFs from Fidelity (FBTC) and BlackRock (IBIT) lead the market with over $1.2 billion in inflows each. But what are Bitcoin ETFs?

A Bitcoin ETF (Exchange Traded Fund) is an investment fund that is listed on the stock exchange and offers the possibility of investing in this cryptocurrency without having to buy it. As Oriol Blanch explains, “for institutions and more traditional investors, it is a way of entering this market without the need for custody of the asset or through an exchange such as Bitvavo.”

Recurring buys at Bitvavo

Buying crypto-assets periodically with a fixed budget is an investment strategy that has become popular among investors looking to reduce the risk associated with trying to follow market swings. This way, you can minimise the impact of market fluctuations and gradually build up a stable cryptocurrency portfolio.

In this regard, Bitvavo offers a “Recurring Buy” option, which allows you to automatically buy and invest in cryptocurrencies without constantly monitoring the market. In addition, “you can weigh the price and avoid volatility in the asset you want to accumulate,” says Blanch.

11Onze Recommends Bitvavo, cryptocurrency trading made easy, safe and at a good value.

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Equip Editorial Equip Editorial
  1. Manuel Bullich BuenoManuel Bullich Bueno says:
  2. Oriol BlanchOriol Blanch says:
    Oriol

    Voleu ajuda amb la declaració de les criptomonedes? El nostre soci Blockpit ajuda també als contribuents espanyols.

    https://www.blockpit.io/lp/bitvavo

    • Jordi CollJordi Coll says:
      Jordi

      Moltes gràcies per la teva ajuda, Oriol, i gràcies per compartir-ho per aquí!!!

      5 months ago
  3. Joan Santacruz CarlúsJoan Santacruz Carlús says:
  4. Josep RosJosep Ros says:
    Josep

    Està bé això de fer DCA compres periòdiques programades. Però es podria explicar a l’hora de fer per obligació la declaració de la renta. Que avui dia no hi ha gaire assessorament bo, per fer-ho amb criptomonedes.

    • Jordi CollJordi Coll says:
      Jordi

      A la declaració de la renda només hi tindrà repercussió quan hi hagi guanys, objecte de ser declarats, dins de l’exercici fiscal. Moltes gràcies pel teu comentari, Josep!!!

      5 months ago

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