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

A De Facto Bitcoin ETF? MicroStrategy Is Raising $400M to Buy More BTC

Michael Saylor announced plans to offer convertible bonds with the express intent to buy BTC. The community reacts.

Breakdown 12.8 - MicroStrategy ETF $400M

Politiche

SEC's Clayton Says Payment Inefficiencies Are Boosting Bitcoin's Rise

Clayton sounded more bullish on bitcoin than he's been in years in his Thursday interview with CNBC.

SEC Chairman Jay Clayton

Politiche

Solidus Labs Believes Its Crypto Surveillance Tool Can Help Launch a Bitcoin ETF

Solidus Labs believes its new surveillance tool can help regulators maintain confidence in crypto markets, potentially leading to the approval of a bitcoin ETF.

Solidus Labs CTO Praveen Kumar (left), COO Chen Arad (top) and CEO Asaf Meir (right).

Politiche

SEC Is Willing to 'Try' a Tokenized ETF, Chairman Says: Report

SEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund.

U.S. Securities and Exchange Commission Chairman Jay Clayton

Mercati

WisdomTree Proposes ETF With 5% Bitcoin Exposure Despite SEC's Long-Standing Blockade

WisdomTree is seeking to launch an exchange-traded fund that invests in part in the growing bitcoin futures market.

WisdomTree's new ETF filing proposes investing in bitcoin futures, among other commodities. (dp Photography/Shutterstock)

Mercati

Bitwise Looks to Retail Market for Its Crypto Index Fund

Bitwise is hoping to draw a retail market for its Bitwise 10 Index Fund, which it intends to list on a regulated alternative trading system later this year.

Matt Hougan

Mercati

Bitwise Withdraws Bitcoin ETF Application With the SEC

Bitwise's bitcoin ETF has been pulled, but the firm said it plans to refile at a later date.

Bitwise CIO Matthew Hougan

Finanza

ETF Giant Leads $17.7M Series A for Blockchain Compliance Startup

WisdomTree was the lead investor in the funding round for Securrency. Other investors include the state-backed Abu Dhabi Investment Office (ADIO).

Methuselah image via Shutterstock

Mercati

The Case for a Bitcoin ETF

Dave Weisberger of CoinRoutes lays out why he believes that the SEC is wrong to deny a bitcoin ETF.

Stock Exchange, 1809 by Thomas Rowlandson via Metropolitan Museum of Art

Finanza

The SEC Is Reviewing the Bitwise Bitcoin ETF Rejection

The agency’s five commissioners will review a staff decision to reject the rule-change proposal for a bitcoin ETF made last month.

Bitwise Chief Investment Officer Matt Hougan