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

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst

One of the issuers waived management fees for the first six months, undercutting rival offerings.

By Krisztian Sandor, Sam Reynolds, Amitoj SinghApr 24, 2024

Spot bitcoin ETFs could soon be coming to Hong Kong (Allan Watt/Flickr)

Finance

Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs

Grayscale said it will contribute 10% of Grayscale Bitcoin Trust (GBTC) assets to the Bitcoin Mini Trust.

By Ian AllisonApr 20, 2024

Grayscale advertisement on stairs (Grayscale)

Consensus Magazine

This Bitcoin Halving Is Different. But Is It 'Priced In'?

Institutions launching bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — could be relatively muted?

By Daniel Kuhn, Aoyon Ashraf, Jamie CrawleyApr 18, 2024

Markets

Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction

Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted.

By Krisztian SandorApr 16, 2024

Finance

Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says

Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.

By Will CannyApr 16, 2024

Computer, money. (TheDigitalWay/Pixabay)

Finance

There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love

At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.

By Helene BraunApr 15, 2024