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Consensus 2025
17:14:00:59

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.


Markets

Bitcoin ETF Approval Odds Raised to Over 90% by Bloomberg Analysts, Drop on Polymarket

Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.

Gary Gensler's SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)

Policy

Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges

Releasing them suggests they’re confident the SEC will approve the first U.S. spot bitcoin ETFs soon.

Photo of the SEC logo on a building wall

Finance

VanEck to Donate 5% of BTC ETF Profits to Bitcoin Core Developers

The company last year made a similar pledge to Ethereum developers with respect to its ether futures ETF.

Coin jar (Josh Appel/Unsplash)

Markets

If a Bitcoin ETF Is Approved, Here’s What May Happen

The SEC is on the brink of approving a first spot bitcoin ETF in the U.S. after 10 years of failed applications.

Grafitti of a stylized face and the words What Now? on a white wall

Finance

Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity

So far, only six potential spot bitcoin ETF issuers have revealed their charges, and Fidelity is the cheapest.

The SEC, under Chair Gary Gensler, is likely to decide on a spot bitcoin ETF in coming days. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Rebounds Above $44K as Spot BTC ETF Approval Looks Increasingly Likely

Reports swirled Thursday that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon.

Bitcoin price today (CoinDesk)

Policy

Will 2024 Be the Year of the Bitcoin ETF?

All signs suggest a spot bitcoin exchange-traded fund may well launch in the U.S.

(Andrew Burton/Getty Images)

Finance

Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task

Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.

Predecessors of today's traders at the NYSE floor in 1963 (Library of Congress)

Markets

'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval

The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.

Speculators are overwhelmingly betting on bitcoin ETF approval by Jan. 15. (Pixabay)

Markets

What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?

Bitcoin cratered almost 10% below $41,000 early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.

Bitcoin price (CoinDesk)