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.


Tecnología

Why the Advisor Crypto Technology Gap Is Closing

Cryptocurrency technology and infrastructure developed first for the individual investor. Today, advisors have the most of the same capabilities and opportunities as do-it-yourselfers.

(Andreas Brücker/Unsplash)

Regulación

Direxion Withdraws Application for Short Bitcoin Futures ETF

The fund would have maintained short exposure to bitcoin futures contracts issued by the Chicago Mercantile Exchange.

SEC Delays Decision on 4 Bitcoin ETFs

Regulación

SEC Delays Decision on Valkyrie Bitcoin ETF Until Next Year

The new date for a decision is Jan. 7, 2022.

SEC Delays Decision on 4 Bitcoin ETFs

Finanzas

Crypto Fund Inflows Slow After Record Jolt From Bitcoin Futures ETF

The majority of inflows were bitcoin-related, with a total of $269 million pumped into investment funds focused on the original cryptocurrency.

Chart of weekly flows of investor money into crypto funds shows a big uptick last week.

Regulación

SEC Will Not Approve Leveraged Bitcoin ETF: Report

The report comes two days after Valkyrie Investments filed to offer 1.25x leveraged bitcoin futures ETF.

SEC, Securities and Exchange Commission

Mercados

Market Wrap: Bitcoin Dips Below $60K as ETF Enthusiasm Fades

“We may see significant price erosion,” said one trader.

Bitcoin support and resistance levels (CoinDesk, TradingView)

Mercados

It’s BITO vs. GBTC vs. BTC as Bitcoin ETF Wars Heat Up

Grayscale reiterated its confidence that a “spot ETF” will eventually win approval, even as some analysts argue that market signals suggest otherwise.

The battle of the ETFs is heating up – and it's only just begun. (Metropolitan Museum of Art, modified by CoinDesk)

Finanzas

Direxion Files for Short Bitcoin Futures ETF

Investment firms are getting creative after last week’s watershed bitcoin ETF launch.

SEC, Securities and Exchange Commission

Finanzas

Valkyrie Files to Offer Leveraged Bitcoin Futures ETF

One of the only companies with an investable bitcoin ETF is now attempting to lever up.

Valkyrie CEO Leah Wald (CoinDesk TV)