Bitcoin

Thank you both for the responses - any advice in terms of optimal account to hold BTC/ETH in? E.g. RRSP or Non-Registered

Allocations should be based on your overall risk tolerance, I can't really guide you to that. When I first bought Bitcoin, I did so with an allocation I was completely comfortable with going to $0. You also have to do so with an allocation you are comfortable seeing 50,60,70% drawdowns on, because eventually it will happen. I have recouped my initial investment in my Bitcoin and then some, so for now I'm kind of riding the wave and this is why you see me with higher allocations.

For ETF vs owning outright, I prefer the ETF due to the tax sheltering capability. Gurgelph is right in the fact that if you don't have the keys, they technically aren't your coins. So a lot of hardcore Bitcoiners refuse to own anything but Bitcoin outright. But, I trust iShares in regards to IBIT, the coins are in trust, and I'm happy just owning that.

I hold btc myself but through cold wallet. The question to ask yourself (in my opinion) is how much you care about your privacy. It's isn't a bad idea to hold through an ETF like IBIT but remember that 'not your keys not your coins'. It's definitely more work to have it in a cold wallet but give me the piece of mind that nobody can ever confiscate it or even know that wallet number XYZ123 is mine at all.