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

Volt Equity Applies for an ETF With MicroStrategy Exposure

The ETF would compete with similar funds applied for by Bitwise and Valkyrie.

By Nate DiCamilloJun 7, 2021

Markets

SEC Delays Decision on WisdomTree Bitcoin ETF Application

The review period for the application is now extended by 45 days from May 26.

By Nate DiCamilloJun 2, 2021

Securities and Exchange Commission building in Washington, D.C.

Finance

WisdomTree Files Ethereum ETF Application as Bitcoin Bids Await SEC Decision

The asset manager becomes the second firm to submit an ETH ETF application with the U.S. regulator.

By Danny NelsonMay 27, 2021

Policy

SEC Starts Official Review of SkyBridge, Fidelity Bitcoin ETF Applications

The two bitcoin ETF bids join four others under official review with more still pending.

By Zack SewardMay 26, 2021

Markets

Asset Manager One River Files for Carbon-Neutral Bitcoin ETF in US

The ETF would buy and dispose of blockchain-based carbon credit tokens to account for the emissions associated with its bitcoin holdings.

By Daniel PalmerMay 24, 2021

Markets

ETF Provider Teucrium Trading Files for a Bitcoin Futures ETP

The ETP would track a benchmark of bitcoin futures contracts.

By Nate DiCamilloMay 20, 2021

Finance

VanEck, Waiting for Verdict on Bitcoin ETF, Starts Taking Private Crypto Bets

The bitcoin fund launched last month and appears to have one $10 million investment so far, SEC filings show.

By Danny NelsonMay 13, 2021

Gabor Gurbacs, director of digital-asset strategy at VanEck

Videos

SEC Staff Calls Bitcoin “Highly Speculative,” Hints at ETF Skepticism

According to a published staff statement, the U.S. Securities and Exchange Commission (SEC) says bitcoin is a “highly speculative” asset. “The Hash” team examines the regulator's skepticism towards supporting a bitcoin ETF (exchange-traded fund) and the more significant role of the SEC in the cryptocurrency ecosystem.

May 12, 2021

Markets

SEC Staff Calls Bitcoin ‘Highly Speculative,’ Hints at ETF Skepticism

SEC staff intend to determine whether the "bitcoin futures market could accommodate ETFs," the note said.

By Nikhilesh De, Danny NelsonMay 11, 2021

Videos

SEC Will Consider Yet Another Bitcoin ETF Application

A new bitcoin ETF application from Wise Origin will join the growing line of would-be ETFs awaiting SEC approval. CoinDesk's Nik De breaks down what we know so far about Wise Origin's application and shares his thoughts about whether the influx of ETF applications is a positive or a negative for the crypto industry.

May 11, 2021

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