Mike PhilbrickFidelity Advantage Bitcoin ETFFBTC.TOPAST TOP PICKFeb 26, 2026
(A Top Pick Jul 30/25, Down 43%)
Price weak. High volatility is causing a run on assets in the short term. On the other side of the equation is continued adoption. Institutions are embracing regulatory clarity and making allocations.
Keep your position small enough that you don't get scared out.
Bitcoin is becoming the new digital gold, which will eventually become a reserve asset (and is smaller than gold). Finite amount being produced; about 95% has already been produced but it's not in 95% of portfolios. An asset with asymmetric upside. Shakes up the market in Canada. MER is 32 bps.
Price weak. High volatility is causing a run on assets in the short term. On the other side of the equation is continued adoption. Institutions are embracing regulatory clarity and making allocations.
Keep your position small enough that you don't get scared out.