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.


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First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval

The latest price moves in crypto markets in context for Jan. 19, 2024.

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Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities

The newly launched bitcoin exchange-traded funds already have nearly $30 billion in assets under management. Silver ETFs only have $11 billion.

Bitcoin ETFs had more assets than silver ETFs the instant the SEC approved them last week. (Scottsdale Mint/Unsplash)

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Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day

Large inflows in the new spot bitcoin ETFs have been sizably offset by outflows from not just from GBTC but other global bitcoin-related ETPs.

Bitcoin prices fell further on Thursday (Chris Liverani/Unsplash)

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First Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook Dour

The latest price moves in crypto markets in context for Jan. 18, 2024.

(Unsplash, Kanchanara)

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BlackRock's Bitcoin ETF Hits $1B AUM in One Week

IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

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Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say

Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.

Risk (Gino Crescoli/Pixabay)

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Bitcoin ETF Net Inflows Near $1B After Three Days

Total assets grew even as Grayscale's GBTC saw sizable outflows as investors cash in following its conversion to a spot ETF.

Bitcoin ETF net inflows approach $1B (Shutterstock)

Finanças

Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price 'Inflection'

The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

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Why 2024 Will Be Bitcoin's Year

ETF approvals and a halving set for April will change the supply-and-demand dynamic of bitcoin, likely sending the price higher, says John Stec at Global X.

(Joshua Earle/Unsplash)

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First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K

The latest price moves in crypto markets in context for Jan. 17, 2024.

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