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.


Markets

NYSE Files to List Shares of Valkyrie's Bitcoin ETF

The SEC is already reviewing three other bitcoin ETF applications.

SEC logo

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.

Recent Videos

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.

Recent Videos

Policy

SEC Begins Official Review of Kryptoin Bitcoin ETF Application

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

SEC Chairman Gary Gensler

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.

Bitwise Chief Investment Officer Matt Hougan

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.

Recent Videos

Markets

3iQ Plans to Raise $200M+ From Bitcoin ETF's Dubai Listing: Report

3iQ has received regulatory clearance for the dual listing of its bitcoin ETF on Nasdaq Dubai.

Dubai

Videos

Canada’s Fourth Bitcoin ETF Begins Trading on Toronto Stock Exchange

A bitcoin exchange-traded fund (ETF) from Canadian digital asset manager 3iQ and CoinShares is now trading on the Toronto Stock Exchange (TSX). Purpose Investments CIO Greg Taylor sheds light on the latest developments in the Canadian bitcoin market and implications for the rest of the world.

Recent Videos

Finance

Bitcoin ETF From 3iQ and CoinShares, Canada's 4th, Begins Trading on TSX

A trio of ether ETFs were approved by Canadian regulators last week.

Toronto

Markets

Canada Approves Three Ethereum ETFs in One Day

The approval comes just over two months after Canada approved its first bitcoin ETF.

Toronto