Bitcoin ETF

What is a bitcoin ETF? They are a relatively easy-to-purchase investment vehicle that owns bitcoin (BTC), the original cryptocurrency. Just like stocks, exchange-traded funds are listed on exchanges, can be traded throughout the day and are available for purchase through normal brokerage accounts. A bitcoin ETF was first proposed in the U.S. around 2013 by Cameron and Tyler Winklevoss, but were never approved by the U.S. Securities and Exchange Commission. Several applications for them are pending with the SEC as of January 2024, from companies including BlackRock, Grayscale, Fidelity, Galaxy/Invesco and Franklin Templeton. If approved, crypto ETFs could dramatically broaden the base of people who can invest in digital assets. There have been bitcoin futures ETFs available in the U.S. for several years, but the latest round of proposed products, technically known as spot bitcoin ETFs, are a more efficient and desirable product.


Mercados

Bitcoin Pushes Through $50K for First Time Since Late 2021

The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.

CoinDesk's Bitcoin price index, which tracks price data on multiple exchanges, surpassed $50K on February 12. (CoinDesk)

Mercados

Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase

Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.

Down Arrow spray painted on a brick wall (Shutterstock)

Mercados

Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best Days

Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.

Bitcoin price on February 9 (CoinDesk)

Opinião

Welcome to the ‘Bitcoin Era’ on Wall Street

With a roster of bitcoin ETFs already trading, companies will need to figure out how to differentiate their products.

(Daniel Lloyd Blunk-Fernández/Unsplashed, modified by CoinDesk)

Mercados

Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

The bitcoin exchange-traded funds (ETFs) through Wednesday held a combined 192,255 bitcoin, more than 2,000 above that of MicroStrategy, the largest publicly traded holder of the cryptocurrency.

Michael Saylor, executive director, MicroStrategy (Marco Bello/Getty Images)

Mercados

BlackRock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan

GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.

Grayscale's GBTC has lower liquidity than some rival bitcoin ETFs. (roegger/Pixabay)

Finanças

Investing in 'Gold' – Via Bitcoin – Is Cheaper Than Ever

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Finanças

MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs

Michael Saylor's software firm called itself a “bitcoin development company” in its fourth quarter earnings presentation Tuesday night.

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Mercados

Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing

The updated prospectus brings the spot Ethereum ETF application more "in line" with the recently approved spot BTC ETF prospectus, one analyst noted.

ETH price on February 7 (CoinDesk)

Finanças

Forget ETFs, Let’s Work on Tokenizing the Whole Value Chain

“Tokenization” — the biggest buzzword in crypto markets currently — means not just bringing new digital assets on-chains, but, in the future, originating and settling them on-chain as well.

(Tony Pham/Unsplash)