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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

ETF Provider Teucrium Trading Files for a Bitcoin Futures ETP

The ETP would track a benchmark of bitcoin futures contracts.

NYSE

Finance

VanEck, Waiting for Verdict on Bitcoin ETF, Starts Taking Private Crypto Bets

The bitcoin fund launched last month and appears to have one $10 million investment so far, SEC filings show.

Gabor Gurbacs, director of digital-asset strategy at VanEck

Videos

SEC Staff Calls Bitcoin “Highly Speculative,” Hints at ETF Skepticism

According to a published staff statement, the U.S. Securities and Exchange Commission (SEC) says bitcoin is a “highly speculative” asset. “The Hash” team examines the regulator's skepticism towards supporting a bitcoin ETF (exchange-traded fund) and the more significant role of the SEC in the cryptocurrency ecosystem.

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Markets

SEC Staff Calls Bitcoin ‘Highly Speculative,’ Hints at ETF Skepticism

SEC staff intend to determine whether the "bitcoin futures market could accommodate ETFs," the note said.

SEC, Securities and Exchange Commission

Videos

SEC Will Consider Yet Another Bitcoin ETF Application

A new bitcoin ETF application from Wise Origin will join the growing line of would-be ETFs awaiting SEC approval. CoinDesk's Nik De breaks down what we know so far about Wise Origin's application and shares his thoughts about whether the influx of ETF applications is a positive or a negative for the crypto industry.

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Markets

Bloomberg Analyst 'Optimistic' on US Bitcoin ETF This Year

Eric Balchunas thinks regulatory apprpoval in the U.S. will follow on the heels of successful launches in Canada.

stock exchange

Markets

Cboe Kicks Fidelity-Linked Bitcoin ETF Application to SEC

The SEC has 45 days to make an initial decision.

SEC logo

Markets

VanEck Files for an Ethereum Exchange-Traded Fund

The SEC is currently evaluating VanEck's bitcoin ETF proposal.

VanEck Director of Digital Asset Strategy Gabor Gurbacs

Markets

Bitcoin ETF From 3iQ and CoinShares Tops C$1B AUM

"Reaching $1 billion in only three weeks speaks to the enormous market demand for bitcoin," said Fred Pye, CEO of 3iQ.

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Markets

ETF Issuer Partly Owned by Grayscale Changes $BTC Ticker Back to $PIFI

The ETF issuer raised eyebrows last month when it switched its ticker symbol to $BTC after an investment from digital asset manager Grayscale.

stock exchange