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

Policy

Will Biden’s Executive Order Smash Barriers to Crypto?

The digital assets industry is generally positive about the move, which could lead to a coordinated government approach to regulating crypto.

By Christopher RobbinsApr 14, 2022

(René DeAnda/Unsplash)

Policy

A Spot Bitcoin ETF Still Seems Unlikely

ETF proponents hope the approval of a recent bitcoin futures ETF portends the approval of a spot ETF. The SEC still has concerns.

By Nikhilesh DeApr 12, 2022

(Elena Popova/Getty Images)

Finance

Direxion Refiles With SEC for Short Bitcoin Futures ETF

The exchange-traded fund issuer had withdrawn its application late last year.

By Michael BellusciApr 7, 2022

(bankrx/Getty Images/iStockphoto)

Finance

First Mover Americas: Spot ETF Speculation Grips Bitcoin Market

The latest moves in crypto markets in context for April 7, 2022.

By Omkar Godbole, Parikshit MishraApr 7, 2022

(Thaweesak Saengngoen/Getty images)

Policy

SEC Approves Teucrium's Bitcoin Futures ETF

Teucrium's approval may hint at a future spot bitcoin ETF approval.

By Nikhilesh DeApr 6, 2022

(Al Drago/Bloomberg via Getty Images)

Finance

ProShares Aims to Let Investors Bet Against Bitcoin With New ETF

The company filed an application with the SEC for the Short Bitcoin Strategy ETF.

By Michael BellusciApr 6, 2022

(Namthip Muanthongthae/Getty images)

Finance

SEC Rejects Spot Bitcoin ETF Application From Ark 21Shares

The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.

By Michael BellusciApr 1, 2022

Cathie Wood, Exponential Africa Show screenshot

Policy

Spot Bitcoin ETFs Could See Approvals by 2023: Bloomberg Intelligence

A proposed change that would require crypto exchanges to register with the SEC may be key to future approvals, two analysts wrote.

By Michael BellusciMar 24, 2022

Bitcoin Climbs Above $60K After Report SEC Won’t Block Futures ETF

Policy

SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications

The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.

By Michael BellusciMar 11, 2022

SEC Reportedly Investigating Uniswap Labs

Policy

Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs

Regulators want only professional investors to be exposed to those kinds of products.

By Sandali HandagamaJan 28, 2022

Hong Kong skyline (Gary Yeowell/Getty Images)
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