Bitcoin ETF

CoinDesk placeholder image

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.

Read less...

SEC
SEC Denies SolidX Bitcoin ETF Proposal
The Securities and Exchange Commission has denied a bid to list a bitcoin exchange-traded fund on the New York Stock Exchange.
SEC

runners, stairs
A Winklevoss ETF Reboot? Analysts See Uphill Battle Ahead
A decision by the Bats exchange to fight the SEC rejection of a proposed bitcoin ETF has little hope, according to analysts.
runners, stairs

Winklevoss
SEC Rejects Winklevoss Bitcoin ETF Bid
The US Securities and Exchange Commission has rejected a bid to launch the first-ever bitcoin ETF.
Winklevoss

ETF2
Bitcoin ETF Result May Come After US Stock Market Close
The SEC’s decision on the bitcoin exchange-traded fund (ETF) is likely to arrive in the late afternoon, financial experts told CoinDesk.
ETF2

SEC
SEC Email Line Swamped Ahead of Winklevoss Bitcoin ETF Decision
"Please stop asking," says SEC rep.
SEC

Runner
How Bitcoin Traders Are Preparing for the SEC's ETF Decision
The world's bitcoin traders are getting ready for this week's ETF decision.
Runner

SEC
SEC Expected to Decide Bitcoin ETF's Fate By Friday
The SEC decision on the bitcoin ETF is expected by Friday, according to a source with knowledge of the agency’s deliberations.
SEC

bull, gold
Charts: How an ETF Approval Could Impact Bitcoin's Price
How would the bitcoin market might react if a long-awaited ETF was approved? Crypto guru Willy Woo explores.
bull, gold

crumpled, dollar
Ex-Gemini Lawyer: SEC 'Unlikely' to Approve a Bitcoin ETF
The lawyer who helped craft Gemini's legal infrastructure predicts SEC approval for bitcoin ETFs probably won't happen soon.
crumpled, dollar