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

Crypto Investment Products Fully Recover From $7B Outflows Seen in February-March

Bitcoin products attracted the most inflows, while ether products saw a recovery linked to the successful Pectra upgrade.

Price chart on exchange ticking up (Yashowardhan Singh/Unsplash)

Markets

Over $5B Pouring into Bitcoin ETFs – Thanks to Bold Directional Bets

The 11 spot ETFs have attracted over $5.61 billion since early April, according to SoSoValue.

Directional bets drive inflows into bitcoin ETFs. (kalhh/Pixabay)

Markets

Wisconsin Sells Entire $350M Spot Bitcoin ETF Stake

The move came after the state investment board doubled its exposure to spot bitcoin ETFs late last year as markets fell.

Wisconsin sign

Markets

BlackRock’s IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion

CME Bitcoin Futures open interest falls for four straight days, according to CME data.

BlackRock headquarters (Shutterstock)

Markets

Bitcoin’s April Rally Driven by Institutions, While Retail Flees ETFs: Coinbase Exec

Patient pools of capital are behind BTC's recent rally.

John D'Agostino, Head of Strategy for Coinbase Institutional, speaks at Consensus Hong Kong earlier this year (CoinDesk)

Markets

Bitcoin ETFs Lose Over $800M in April as Institutions Stick With Bonds Amid Tariff Volatility

The U.S.-listed BTC ETFs appear on track for the second-highest monthly outflow on record.

Institutions prefer bonds over BTC. (Pixabay)

Markets

BlackRock Bitcoin and Ether ETF Inflows Declined 83% in Q1 to $3B

Total digital asset AUM rose to more than $50 billion, a large number but a relatively minor proportion of BlackRock's more than $10 trillion under management.

The BlackRock company logo is seen outside of its NYC headquarters. (Photo by Michael M. Santiago/Getty Images)

Markets

Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty

The withdrawals took place even as prices zoomed higher alongside a risk-reset on Wall Street.

A man runs past a wall-painted exit pictogram toward a door.

Markets

Bitcoin ETFs Could See $3B in Q2 Inflows Even Without Price Recovery, Says Analyst

The spot funds managed net inflows in the first quarter despite declining prices, but how much was true demand and how much was arbitrage remains in question.


Markets

Grayscale Lists 2 New Bitcoin ETFs Offering Income From BTC Volatility

The two New York Stock Exchange-listed funds are due to start trading on Wednesday.

A Grayscale ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)