Bitcoin ETF

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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.

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Sydney Opera House in Australia (Stanbalik/Pixabay)
Australian Securities Exchange Gives Green Light to DigitalX's Bitcoin ETF
DigitalX Bitcoin ETF will trade on the ASX as BTXX
Sydney Opera House in Australia (Stanbalik/Pixabay)

Bitcoin ETF investors buy the dip (Rich Legg/Getty Images)
Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
The price of the world's largest crypto has seen a very modest bounce since tumbling below $54,000 early Friday.
Bitcoin ETF investors buy the dip (Rich Legg/Getty Images)

(Stanbalik/Pixabay)
VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange
The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.
(Stanbalik/Pixabay)

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Sydney, Australia. (Johnny Bhalla, Unsplash)
Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
The fund will provide investors exposure to bitcoin by investing in the VanEck Bitcoin Trust ('HODL') which is a United States ETF listed on the Cboe BZX Exchange, Inc (Cboe).
Sydney, Australia. (Johnny Bhalla, Unsplash)

16:9 Exit (Kev/Pixabay)
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Across the broader digital asset ecosystem, investment products saw net $600 outflows of $600 million, entirely driven by BTC's losses
16:9 Exit (Kev/Pixabay)

(Mediamodifier/Pixabay)
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
(Mediamodifier/Pixabay)

Ethereum (Unsplash)
Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.
Ethereum (Unsplash)

Scrabble tiles spelling out "ETF GROWTH"
Bitcoin ETFs Resume Inflow Winning Streak; BlackRock's IBIT Crosses $20B in AUM
After a period of flat to negative flows, the spot ETFs have added $2.4 billion in assets over the past month, according to data from Bloomberg Intelligence.
Scrabble tiles spelling out "ETF GROWTH"

The state of Wisconsin held roughly $164 million worth of spot bitcoin ETFs and it was likely just an "entry point," a professor said. (Nick Youngson)
Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says
David Krause, a professor of finance at Marquette University, said the initial investment by the State of Wisconsin Investment Board is just "a toe in the water" to test the p...
The state of Wisconsin held roughly $164 million worth of spot bitcoin ETFs and it was likely just an "entry point," a professor said. (Nick Youngson)