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, Australia. (Photo by Johnny Bhalla on Unsplash)
Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg
Bloomberg's report cited "people familiar with the matter, who asked not to be identified as the information is private."
Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

(CoinDesk Indices)
Bitcoin Stable Above $64K While ETF Outflows Hit $200M
The relationship between bitcoin's price and ETF outflows is weakening
(CoinDesk Indices)

Morgan Stanley (Shutterstock)
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
The move may bring fresh energy and capital into the spot ETFs.
Morgan Stanley (Shutterstock)

Spot bitcoin and ether ETFs are coming to Hong Kong (Allan Watt/Flickr)
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
One of the issuers waived management fees for the first six months, undercutting rival offerings.
Spot bitcoin and ether ETFs are coming to Hong Kong (Allan Watt/Flickr)

Grayscale ad (Grayscale)
Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs
Grayscale said it will contribute 10% of Grayscale Bitcoin Trust (GBTC) assets to the Bitcoin Mini Trust.
Grayscale ad (Grayscale)

(Giovanni Calia/Unsplash)
This Bitcoin Halving Is Different. But Is It 'Priced In'?
Institutions launching bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin...
(Giovanni Calia/Unsplash)

(Lieve Ransijn/ Unsplash)
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections lik...
(Lieve Ransijn/ Unsplash)

Computer, money. (TheDigitalWay/Pixabay)
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
Computer, money. (TheDigitalWay/Pixabay)

Investment pros gathered here in Miami, and many trashed bitcoin. (Helene Braun/CoinDesk)
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.
Investment pros gathered here in Miami, and many trashed bitcoin. (Helene Braun/CoinDesk)

Hong Kong harbor skyline view into Kowloon
Hong Kong Boards the ETF Express
The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.
Hong Kong harbor skyline view into Kowloon