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A spot Bitcoin ETF, which tracks the current price of the popular cryptocurrency, had long been a pipe dream for the crypto industry, with the hope it could open new flows of investment from ...
The spot Bitcoin ETF run by the world’s largest asset manager, BlackRock, showed its early dominance in becoming the first among a newly approved group of crypto-linked financial products to ...
So-called "spot" Bitcoin exchange traded funds (ETFs) -- which are "Bitcoin only" or "pure Bitcoin" funds -- have been a holy grail concept for crypto aficionados for some time, but have long faced...
Allocating 1% or 2% of a portfolio to spot bitcoin ETFs "shouldn't create too many issues or too much risk" for many investors, said Sandy Kaul, head of digital assets and industry advisory ...
The same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded bitcoin fund in the United States. The company charged higher than average fees compared to similar exchange-traded funds (ETFs), but said the fees were to cover the costs of trading bitcoin.
In January 2024, the first 11 US spot bitcoin ETFs began trading, offering direct exposure to bitcoin for the first time on American stock exchanges. [59] [60] In December 2024, bitcoin price reached $100,000 for the first time, as US president-elect Donald Trump promised to make the US the "crypto capital of the planet" and to stockpile ...
What a $40 iShares Bitcoin Trust ETF would mean. In other words, spot Bitcoin ETFs such as the iShares option will probably always offer a lower-priced method to invest in Bitcoin. The underlying ...
Barely two months since their approval, spot Bitcoin ETFs have proved massively popular, with over $11.8 billion flowing into the so-called “Newborn Nine,” including a record $1 billion on ...