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.
Why Are Bitcoin ETFs Such a Big Deal? Gold Provides a $100 Billion Answer
Gold ETFs revolutionized the gold market and spurred a giant rally. Can bitcoin ETFs do the same?
Bitcoin Tops $47K, Ether and Grayscale's GBTC Jump After SEC Approves Spot Bitcoin ETFs
Now, attention turns to how much demand these investment vehicles will attract.
Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency
The asset management industry has tried launching a spot bitcoin ETF for over a decade. Hopes are high they will lure more investors into crypto.
Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet
The exchange's website listed six bitcoin ETF applicants to start trading tomorrow.
Bitcoin ETF Confusion Abounds
A hacked X/Twitter account and misunderstood filings make for a wild countdown to an expected approval.
How to Buy a Bitcoin ETF
Now that the U.S. Securities and Exchange Commission approved the first crypto exchange-traded funds to hold digital assets, the actual buying may be the easy part.
Everyone Wants the SEC’s Fake News to Be Real
The agency said for months it couldn’t approve bitcoin ETFs because of market manipulation. Then, in a delicious irony, it was itself manipulated, showing how even non-news can move markets.
Did the Fake Bitcoin ETF Announcement Prove an SEC Approval Is a 'Sell-the-News' Event?
The SEC's social media account was hacked to say the much-anticipated financial product was approved, perhaps answering the question of what will happen when it actually happens.
Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellor on the Brink' Reference
Jokester pays $2.97 to record the one-liner "SEC Chairman on the brink of second ETF approval" on the blockchain.
