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.


시장

Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts

BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product.

(engin akyurt/Unsplash)

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Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume

BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

Bitcoin: daily price performance (Glassnode)

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Dogecoin Rallies 10%, Bitcoin ETFs Bleed $541M Ahead of U.S. Elections

BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets.

A shiba inu the inspiration behind Dogecoin. (Minh Pham/Unsplash)

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Crypto Reverses Early Gains, Bitcoin Dives Back to $69K

Prices had move higher early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.

Quick slide in crypto prices on Friday (Karsten Winegeart/Unsplash)

금융

Emory University Joins Bitcoin ETF Rush, Reporting $16M Holding in Grayscale Vehicle

The endowment also reported a modest holding in crypto exchange Coinbase (COIN).

Main quadrangle on Emory University's Druid Hills campus (Wikipedia)

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Bitcoin ETFs Will Soon Hold 1M Tokens, Nearly as Much as Satoshi

The U.S.-based spot funds currently hold about 396,922 bitcoin altogether, with BlackRock’s iShares Bitcoin Trust soon to cross 400,000 in BTC holdings.

U.S. spot bitcoin ETFs could soon hold more bitcoin than the founder of the token, Satoshi Nakamoto. (Unsplash)

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DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%.

Deutsche Bank's survey of retail investors see bitcoin (BTC) price dropping below $20K by year-end (Meg Boulden/Unsplash)

정책

NYSE, Cboe Win SEC Approval for Bitcoin ETF Options

The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs in the U.S.

New York Stock Exchange, NYSE (Shutterstock)

정책

FBI Arrests Alleged SEC Hacker Linked to Fake Tweet Saying Bitcoin ETFs Were Approved

Eric Council Jr. allegedly hijacked the SEC's X account and then handed control to unnamed co-conspirators, whose fake post drove up bitcoin's price.

SEC office (Nikhilesh De/CoinDesk)

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Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K

Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month.

Bull Market (Kameleon007/Getty Images)