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.


Фінанси

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

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Canada Approves Three Ethereum ETFs in One Day

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

Toronto

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Plans Afoot in South Africa for Country’s First Bitcoin ETF

Crypto startup DCX Capital will apply to convert its crypto index fund EC10 into an ETF.

South Africa may be getting its first bitcoin ETF.

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Guess Who Might Be Buying $BTC? Grayscale, the Power Behind $GBTC

The investment comes a little over a week after Grayscale confirmed that it would convert GBTC into an ETF.

Grayscale CEO Michael Sonnenshein

Фінанси

WisdomTree Lists Bitcoin ETP on Deutsche Boerse as ETF Application Awaits SEC Review

The bitcoin ETP goes live in Frankfurt while U.S. regulators consider WisdomTree’s bitcoin ETF application.

Deutsche Boerse

Політика

What Coinbase’s Rise Says to the World

Coinbase's listing on Nasdaq sends a powerful signal of legitimacy to the U.S. crypto community, as well as to the crypto-curious in the traditional financial sector.

Coinbase CEO Brian Armstrong

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Galaxy Digital Files for a US Bitcoin ETF

Galaxy Digital has become the latest company seeking approval to register a bitcoin ETF. With Galaxy, there are now nine pending ETF applications with the U.S. Securities and Exchange Commission (SEC). “The Hash” panel discusses the U.S. bitcoin ETF race and how an ETF would impact the crypto market.

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Фінанси

Galaxy Digital Files for US Bitcoin ETF

It's one of several such applications before the U.S. Securities and Exchange Commission.

Galaxy CEO Mike Novogratz

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SEC Begins Review of WisdomTree Bitcoin ETF as Active Applications Hit 8

Krpytoin also filed for a bitcoin ETF on Friday.

SEC logo

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BNY Mellon Would Be Service Provider for First Trust, SkyBridge’s Proposed Bitcoin ETF

The custody bank would provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.

BNY Mellon