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.

Videos

ProShares Bitcoin Futures ETF to Start NYSE Trading Tuesday

ProShares will launch a bitcoin futures ETF Tuesday, the company confirmed in an SEC filing on Monday. The SEC gave the go-ahead for bitcoin futures ETFs at the end of last week. Former SEC official and current defense attorney Lisa Braganca shares insights into what this could signal for crypto regulation and adoption.

Oct 18, 2021

Videos

ProShares Launching Bitcoin Futures ETF on NYSE Tuesday

"The Hash" team reacts to ProShares' bitcoin futures ETF beginning trading on the New York Stock Exchange (NYSE) Tuesday, following the SEC's approval of a bitcoin futures ETFs Friday. What does this mean for the crypto industry and for the prospective investors getting access to the price movements of bitcoin?

Oct 18, 2021

Videos

CME Sees Record Open Interest in Bitcoin Futures Ahead of ETF Debut

The amount of money locked in the bitcoin futures contracts on the Chicago Mercantile Exchange (CME) surged to record highs on Friday as the U.S. Securities and Exchange Commission (SEC) greenlighted futures-based exchange-traded funds (ETF) tied to bitcoin. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Oct 18, 2021

Videos

Could Bitcoin Futures ETFs Drive BTC Price Higher?

Oct 18, 2021

Markets

Market Wrap: Bitcoin Holds Above $60K as Crypto Market Cap Reaches New High

Meanwhile, some analysts are warning about overheating in the futures market given the recent rise in leveraged positions

By Damanick Dantes, Bradley KeounOct 18, 2021

Total crypto market cap (CoinDesk, TradingView)

Policy

Former SEC Official Expects More Bitcoin ETF Approvals

Lisa Bragança said the agency doesn’t want to have just one.

By Helene BraunOct 18, 2021

Former SEC attorney Lisa Bragança on CoinDesk TV (Screenshot/CoinDesk)

Podcasts

It’s Here: Bitcoin Futures ETF to Begin Trading

By Nathaniel WhittemoreOct 18, 2021

Markets

Crypto-Fund Assets Hit All-Time High, With US Bitcoin Futures ETF on Cusp

Total assets under management in cryptocurrency funds tracked by CoinShares have been climbing – and could swell further as one or more U.S. bitcoin futures exchange-traded funds launch this week.

By Damanick DantesOct 18, 2021