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.

Markets

Ether ETFs See Zero Flows for Second Time as Bitcoin ETFs Post Biggest Inflows in 6 Days

Bitcoin ETFs enjoyed their highest net inflows since Sept. 27, with FBTC and IBIT leading the way.

By Jamie CrawleyOct 8, 2024

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Finance

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup

The asset manager said the launch of the spot crypto exchange-traded funds this year has made futures-based crypto products less compelling.

By Helene BraunOct 4, 2024

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Markets

Bitcoin ETFs Register Net Outflows for Third Straight Day

Both bitcoin and ether spot ETFs bleed money as geopolitical tensions weigh over risk assets.

By James Van StratenOct 4, 2024

Bitcoin: US Spot ETF Deposit Cost Basis (Glassnode)

Markets

Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case

PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.

By Shaurya Malwa, Sam ReynoldsOct 3, 2024

Markets

Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw

Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management.

By James Van StratenOct 2, 2024

Markets

Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3

The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East.

By Jamie CrawleyOct 2, 2024

Markets

Bitcoin ETFs Continue Inflow Streak as BTC Remains Flat Amid China Holiday

PoliFi tokens are rallying as election countdown clock clicks on, and DeSci protocol BIO looks to raise $13 million in a public token sale.

By Sam ReynoldsOct 1, 2024

Markets

Crypto Investment Products Saw $1.2B of Inflows Last Week, Most in 10 Weeks: CoinShares

Ether funds registered $87 million in net inflows to break a five-week losing streak while bitcoin products added $1 billion.

By Jamie CrawleySep 30, 2024

Markets

Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection

Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.

By Shaurya Malwa, Sam ReynoldsSep 26, 2024

Graph on a blackboard showing the relationship between supply and demand.

Opinion

MicroStrategy Outpaces BlackRock's IBIT by Over 3x Year-to-Date

Exploring the unique strategies and competitive landscape of BlackRock's IBIT vs. MicroStrategy

By James Van StratenSep 24, 2024

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