How to Buy Bitcoin ETFs with Boursorama

Summary: Boursorama does not support popular Bitcoin ETFs like the Blackrock Bitcoin ETF (IBIT) and the ARK 21Shares Bitcoin ETF (ARKB), offering Bitcoin ETPs instead, which track Bitcoin's price without owning the asset, posing higher risks. 

As an alternative, eToro, regulated by France's AMF, provides direct access to these sought-after ETFs and a broad investment portfolio, with zero fees on ETF trades and a nominal 0.15% spread. This makes eToro a prime choice for investors seeking secure, diverse cryptocurrency investment opportunities beyond Boursorama's offerings.

Can I Invest in Bitcoin ETFs with Boursorama?

Boursorama does not offer investments in popular Bitcoin ETFs, such as the Blackrock Bitcoin ETF (IBIT) and the ARK 21Shares Bitcoin ETF (ARKB). Instead, it provides access to Bitcoin ETPs (Exchange-Traded Products). These ETPs track the price of Bitcoin but differ significantly as they do not hold the cryptocurrency directly. This approach poses a higher risk, given the absence of the underlying asset which could provide a buffer against market volatility.

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How to Invest in Bitcoin ETFs with a Boursorama Alternative

For Boursorama customers aiming to invest in Bitcoin ETFs, eToro is a robust, fully compliant choice. Regulated by the Autorité des marchés financiers (AMF), eToro supports instant deposits from French bank accounts. It offers a better product than Boursorama by directly offering in-demand Bitcoin ETFs, including the Blackrock Bitcoin ETF (IBIT) and the ARK 21Shares Bitcoin ETF (ARKB), and a diverse portfolio of over 4,500 assets, spanning cryptocurrencies, stocks, and ETFs.

Here is a quick guide to getting started:

1. Account Creation: Head to eToro’s site to set up an account, completing verification that meets AMF standards.
2. Funding: Access eToro’s 'Deposit Funds' feature for quick account funding.
3. Currency and Payment: Select 'EUR' and a preferred payment method for efficient bank transfers.
4. Investing: With your account funded, use eToro’s search to find and invest in Bitcoin ETFs, broadening your investment scope.

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What are the Fees?

For investors eyeing Bitcoin ETFs, grasping the fee structure is vital. The ARK 21Shares Bitcoin ETF (ARKB) appeals with its low 0.21% expense ratio, waiving management fees for the initial six months on assets up to $1 billion, offering a cost-efficient entry. 

Meanwhile, the iShares Bitcoin Trust (IBIT) positions itself as an attractive choice for diversified portfolios with a standard fee of 0.25%, reduced to 0.12% for the first year on investments up to $5 billion, contrasting with ARKB's approach to fees and investment potential.

When selecting an alternative platform to Boursorama, consider the overall costs, including transaction fees and spreads. eToro stands out by offering zero fees on ETF trades, applying only a 0.15% spread, making it an excellent choice for those seeking competitive fees, strong security, and comprehensive features for their Bitcoin ETF investments.

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Bottom Line

In conclusion, while Boursorama falls short of offering popular Bitcoin ETFs, opting instead for Bitcoin ETPs that carry inherent risks due to lack of direct asset holding, eToro emerges as a superior alternative. With AMF regulation, zero trade fees on ETFs, and a minimal spread, eToro not only grants access to high-demand Bitcoin ETFs like IBIT and ARKB but also boasts a vast portfolio exceeding 4,500 assets.