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.


Mercados

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

The key driver behind the selling could potentially be crypto lender Genesis, which last month received bankruptcy court approval to sell 35 million GBTC shares.

Grayscale advertisement (Grayscale)

Finanzas

BlackRock's Spot Bitcoin ETF Starts Trading in Brazil

The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.

Brazil (Agustin Diaz Gargiulo / Unsplash)

Finanzas

Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?

The question some are now asking is whether the firm will pivot on crypto after Tim Buckley leaves.

Vanguard logo (John Keeble/Getty Images)

Finanzas

Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg

CoinDesk reported on Wednesday that another Wall Street giant, Morgan Stanley, might soon offer its clients exposure to the new products as well.

(Chenyu Guan/Unsplash)

Mercados

Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record

BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.

(Jim Henderson, modified by CoinDesk)

Mercados

Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO

The large U.S. wirehouses have yet to offer the newish funds to their clients, Matt Hougan told CNBC.

Scrabble letters spelling ETF arranged a rack

Mercados

Bitcoin ETFs Break Volume Record Led by BlackRock Amid Wild Crypto Price Action

Net inflows into U.S.-listed spot bitcoin ETFs accelerated this week, with BlackRock's IBIT pulling in $520 million in fresh funds on Tuesday, BitMEX Research data shows.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

Finanzas

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.

Morgan Stanley (Shutterstock)

Finanzas

Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration

The move comes after fellow spot bitcoin ETF issuer Bitwise drew applause from industry experts for making its wallet address public in January.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Mercados

BlackRock Bitcoin ETF Hits Record Volume of Over $1.3B for Second Consecutive Day

Spot bitcoin ETFs again booked a strong day, recording over $2 billion in daily trading volume but slightly fell short of Monday's record.

(Jim Henderson, modified by CoinDesk)