{"id":392244,"date":"2024-01-26T12:14:11","date_gmt":"2024-01-26T12:14:11","guid":{"rendered":"https:\/\/cryptoslate.com\/?post_type=crypto_glossary&p=392244"},"modified":"2024-01-26T12:29:42","modified_gmt":"2024-01-26T12:29:42","slug":"newborn-nine","status":"publish","type":"crypto_glossary","link":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/","title":{"rendered":"Newborn Nine"},"content":{"rendered":"
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A term introduced by Bloomberg Senior ETF analyst Eric Balchunas<\/a> to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. These funds have emerged as significant competitors to the well-established Grayscale Bitcoin Trust (GBTC)<\/a>. The “Newborn Nine” are distinctive for their role in diverting investments from GBTC, signaling a significant shift of capital within the cryptocurrency ETF landscape. The term encompasses the following ETFs: iShares Bitcoin Trust ($IBIT)<\/a>, Fidelity Wise Origin Bitcoin Trust ($FBTC)<\/a>, ARK 21Shares Bitcoin ETF ($ARKB)<\/a>, Bitwise Bitcoin ETF ($BITB)<\/a>, VanEck Bitcoin Trust ($HODL)<\/a>, Invesco Galaxy Bitcoin ETF ($BTCO)<\/a>, Franklin Bitcoin ETF ($EZBC)<\/a>, Valkyrie Bitcoin Fund ($BRRR)<\/a>, and WisdomTree Bitcoin Fund ($BTCW)<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A term introduced by Bloomberg Senior ETF analyst Eric Balchunas to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. These funds have emerged as significant competitors to the well-established Grayscale Bitcoin Trust (GBTC). The “Newborn Nine” are distinctive for their role in diverting investments from GBTC, signaling a […]<\/p>\n","protected":false},"author":76,"featured_media":392256,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":[],"categories":[78665],"acf":[],"yoast_head":"\nNewborn Nine | CryptoSlate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newborn Nine | CryptoSlate\" \/>\n<meta property=\"og:description\" content=\"A term introduced by Bloomberg Senior ETF analyst Eric Balchunas to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. 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