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

What’s Going On With The SEC’s Review of Bitcoin ETF Applications?

Today marks the official deadline for the SEC to make an initial decision regarding the VanEck bitcoin ETF. As expected, the SEC has pushed back the decision until June. CoinDesk’s Nik De discusses what’s behind the delays and when the SEC will likely reach a decision.

May 3, 2021

Policy

The Node: Bring on the Bitcoin ETFs

Liquidity concerns in bitcoin markets are overblown. They're not a reason to reject bitcoin exchange-traded funds.

By Daniel KuhnApr 29, 2021

Markets

SEC Delays VanEck Bitcoin ETF Decision to June at Earliest

The SEC has yet to approve any bitcoin ETFs in the U.S.

By Nikhilesh DeApr 28, 2021

VanEck Director of Digital Asset Strategy Gabor Gurbacs

Markets

NYSE Files to List Shares of Valkyrie's Bitcoin ETF

The SEC is already reviewing three other bitcoin ETF applications.

By Nate DiCamilloApr 23, 2021

Videos

What's Behind Bitcoin's Plummeting Price?

Between falling hashrates, capital gains taxes, and a substantial sell-off, it's been a hard week for bitcoin. "All About Bitcoin's" Week-in-Review panel weighs in on the biggest events of the week, including a new bitcoin ETF in Canada and Schwab's CEO voicing an interest in crypto.

Apr 23, 2021

Videos

SEC Begins Official Review of the Kryptoin Bitcoin ETF Application

The Kryptoin bitcoin ETF application is now the third to come under official SEC consideration. "The Hash" panel discusses the other applications under consideration and how Gary Gensler's confirmation as SEC chairman might impact the status of the bitcoin ETF applications.

Apr 23, 2021

Policy

SEC Begins Official Review of Kryptoin Bitcoin ETF Application

The U.S. regulator is now weighing three different bitcoin ETF bids.

By Danny Nelson, Nikhilesh DeApr 23, 2021

Markets

Bitwise’s Flagship Fund Seeks SEC Reporting Status

If it succeeds, Bitwise would join Grayscale as the only crypto fund issuers to register their products as a public reporting company.

By Danny NelsonApr 23, 2021

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Videos

Is Bitcoin Boredom Driving the Altcoin Rally?

Ether reached an all-time high Thursday, but bitcoin's upside momentum continued to slow. What's behind the rise of ether and the altcoin rally? Steven McClurg of Valkyrie Investments explains why he thinks there's a shift in investor behavior. McClurg also discusses the status of Valkyrie's ETF application and his thoughts on the impact of bitcoin ETFs on the markets.

Apr 22, 2021

Markets