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

Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms

The ETF enthusiasm has faded but some investors expect pullbacks to remain limited for the remainder of the year.

Bitcoin retreats from all-time high.

Mercados

Valkyrie’s ETF Debut Soured by Falling Bitcoin Market

A new exchange-traded fund is joining the race to attract stock market investors looking for bitcoin exposure. But out of the gate on Friday, the ETF’s share price was tracking bitcoin lower.

The Ride of the Valkyries.

Mercados

Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism

The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.

Bitcoin 24 hour price chart (CoinDesk, TradingView)

Mercados

Valkyrie Secures Go-Ahead for Bitcoin Futures ETF

The crypto-native fund manager is the third sponsor of a bitcoin futures exchange-traded fund to clear all regulatory hurdles.

The Ride of the Valkyries.

Mercados

Bitcoin ETFs Aren’t New. Here’s How They’ve Fared Outside the US

A look at how other ETFs around the world have performed and what investors are actually looking for in a bitcoin investment vehicle.

Global business

Regulación

Contango Conmigo: Why a Bitcoin Futures ETF Could Be a Bloody Ride

Regulators maintain the futures market is a lower-risk way to list bitcoin. But there’s a major catch.

Photo taken in Thai Mueang, Thailand

Finanzas

VanEck to Join ProShares in Launching a Bitcoin Futures ETF

The two funds would be the first bitcoin-linked ETFs to begin trading in the U.S., opening the door for a much broader base of investors.

Gabor Gurbacs, director of digital-asset strategy at VanEck

Mercados

ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut

According to ProShares, the fund’s sponsor, the new ETF’s assets shot to $570 million from $20 million on its first day of trading.

The New York Stock Exchange on Tuesday as the ProShares Bitcoin Strategy ETF (ticker $BITO) started trading. (Cheyenne Ligon/CoinDesk)

Mercados

Market Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher

Bitcoin hits a six-month high as the first bitcoin futures ETF to list in the U.S. completes its initial day on the market.

BITO 24-hour price chart (CoinDesk, TradingView)

Mercados

Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading

The ProShares Bitcoin Strategy exchange-traded fund started with $20 million of seed capital.

The New York Stock Exchange on Tuesday, as the ProShares Bitcoin Strategy ETF ($BITO) started trading. (Cheyenne Ligon/CoinDesk)