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.


Finance

One River’s Carbon Neutral Bitcoin ETF Rejected by SEC

It's the latest in the agency's string of rejections of spot bitcoin ETF applications.

U.S. Securities and Exchange Commission (Shutterstock)

Finance

Ark 21Shares Backers Take Another Shot at Spot Bitcoin ETF Approval

The initial application for a spot bitcoin ETF was rejected in April.

U.S. Securities and Exchange Commission (Shutterstock)

Policy

Grayscale Had ‘Productive’ Meeting With SEC on Bitcoin ETF Conversion

The SEC to date has approved several futures-based bitcoin ETF products, but has delayed or outright rejected all spot bitcoin ETF applications.

(AnaFox_photo/Getty images)

Markets

First Mover Asia: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows

Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto; bitcoin and ether drop.

Melbourne city at night (James O'Neil/ Getty Images)

Finance

Australian Crypto ETF Launch Delayed Due to Pressure From Unidentified Broker: Report

The race to list a crypto ETF in Australia has been dealt a setback hours before it was due to go live on CBOE Australia.

Melbourne city at night (James O'Neil/ Getty Images)

Finance

Simplify Files for Bitcoin ETF Mixing Treasurys and Options Strategies

The company earlier this year applied with the SEC to list a Web 3 ETF.

Four of the spot bitcoin exchange-traded funds were among the top 20 U.S. ETF launches of all time. (Ivelin Radkov/Getty images)

Policy

Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund

The Teucrium fund gained the SEC's nod under laws that may apply to spot ETFs.

The headquarters building of the U.S. Securities and Exchange Commission (SEC) stands in Washington, D.C., U.S., on Monday, May 10, 2010. The chief executive officers of the biggest U.S. stock markets were called to a meeting at the SEC today to discuss last week�s selloff in equities, according to four people familiar with the situation. Photographer: Joshua Roberts/Bloomberg via Getty Images

Policy

Will Biden’s Executive Order Smash Barriers to Crypto?

The digital assets industry is generally positive about the move, which could lead to a coordinated government approach to regulating crypto.

(René DeAnda/Unsplash)