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.

Bitcoin ETF

Opinion

A Bitcoin ETF Will Never Be Your Bitcoin

Bitcoin ETFs give investors exposure to price movements but not to the financial ownership and sovereignty that makes crypto different from other financial assets, says Pascal Gauthier, Chairman and CEO at Ledger.

By Pascal GauthierFeb 2, 2024

An employee connects a Ledger wallet to a computer inside the offices of La Maison du Bitcoin bank in Paris.

Markets

Bitcoin ETF Provider Valkyrie Adds BitGo as Second Custodian in Risk Mitigation Move

The digital asset investment firm has become the first of the ETF providers to diversify custody of its coins by tapping BitGo's expertise in addition to Coinbase

By Jamie CrawleyFeb 2, 2024

16:9 Custodian (Tim Evans/Unsplash)

Markets

BlackRock and ProShares' Bitcoin ETFs Surpassed GBTC's Daily Volumes

GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.

By Shaurya MalwaFeb 2, 2024

(Pixabay)

Markets

First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip

The latest price moves in crypto markets in context for Feb. 1, 2024.

By Jamie Crawley, Omkar GodboleFeb 1, 2024

BTC price, Feb. 1 2024 (CoinDesk)

Finance

Global X Pulls Out of Spot Bitcoin ETF Application

The exchange-traded funds (ETFs) provider was not among the 11 spot bitcoin ETFs that received regulatory approval on January 11.

By Helene BraunJan 31, 2024

Exit sign (Paul Brennan/Pixabay)

Markets

First Mover Americas: BTC Loses $43K as Crypto Prices Slip

The latest price moves in crypto markets in context for Jan. 31, 2024.

By Jamie Crawley, Omkar GodboleJan 31, 2024

BTC price FMA Jan. 31 2024 (CoinDesk)

Markets

Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week

The last previous net inflow day was January 22, when the spot products as a group added just over 1,200 bitcoin.

By Helene BraunJan 30, 2024

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in a week (Jim Wilson/Unsplash)

Markets

First Mover Americas: Bitcoin Eclipses $43K Having Gained Nearly 10% in a Week

The latest price moves in crypto markets in context for Jan. 30, 2024.

By Jamie Crawley, Omkar GodboleJan 30, 2024

BTC price FMA, Jan. 30 2024 (CoinDesk)

Markets

Bitcoin ETF Has Broken BTC's Pandemic-Era Price Correlation With Luxury Watches

Crypto prices have decoupled from prices for luxury watches, ending a prolonged positive correlation caused by unprecedented monetary stimulus.

By Sam ReynoldsJan 30, 2024

(Agê Barros/Unsplash)

Markets

Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors

The asset manager previously had one of the highest fees of 0.39% for its bitcoin ETF.

By Helene BraunJan 29, 2024

Monad stumbles out the gate (Dallas Reedy/Unsplash)
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