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.


Mercati

Bitcoin Could Hit $150K This Year, Says Fundstrat's Tom Lee

Lee took note of fresh demand via the new spot bitcoin ETFs, the halving and expected monetary policy easing as being catalysts for higher prices.

Bitcoin price on Feb. 21 (CoinDesk)

Finanza

When Bitcoin ETFs Are Right for Investors (and When They're Not)

SEC approval in January opened up the market to a new generation of investors but there are still advantages to directly owning crypto that ETFs can’t provide, says Eric Ervin, CEO of Onramp Invest.

Bridge

Mercati

Bitcoin ETF Trading Spikes to Busiest Session Since January Debut

Bloomberg exchange-traded funds analyst Eric Balchunas noted a particular uptick in volume for HODL and BTCW

(Sophie Backes/Unsplash)

Politiche

South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections

South Korea's national elections are scheduled for later this year on April 10.

(Daniel Bernard/ Unsplash)

Mercati

Bitcoin ETFs See Record $2.4B Weekly Inflows; BlackRock's IBIT Leads: CoinShares

Inflows accelerated last week, indicating increasing demand for the new spot-based exchange-traded funds, CoinShares head of research James Butterfill said.

Crypto fund weekly inflows as of Feb. 16 (CoinShares)

Finanza

JPMorgan Analyst Criticizes Coinbase's Lack of Insights Into Its ETF Business

Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).

(Alpha Photo/Flickr)

Mercati

Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs

Whether the divergence means a migration from gold to bitcoin is a separate question.

Money is exiting gold ETFs to start the year.(Tarik Haiga/Unsplash)

Mercati

Bitcoin Traders Target $64K as BlackRock ETF Nears $500M in Single-Day Inflow

Excluding Grayscale's Bitcoin Trust, the bitcoin exchange-traded funds have accumulated over $11 billion worth of BTC a month after going live.

Three arrows hit bullseye of a target (QuinceCreative/Pixabay)

Finanza

Bitcoin ETF First Month Is in the Books: How It Went and What Comes Next

It's been a successful launch, but things could get really interesting once much of the wealth management industry comes on board, which could be sooner than thought.

BitcoinETF: What Comes Next?

Mercati

Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply

MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.

MicroStrategy Executive Director Michael Saylor (CoinDesk)