Cryptocurrency Q&A
Are there ETFs that track bitcoin?
Are there ETFs that track bitcoin?
Raffaele
Tue Dec 17 2024
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7 answers
1228
Yes, there are ETFs that track bitcoin. The Securities and Exchange Commission (SEC) has approved multiple ETFs which track the spot price of bitcoin, allowing investors to indirectly participate in the Bitcoin market by purchasing shares of these ETFs.
7 answers
Leonardo
Thu Dec 19 2024
The ETFs provide a way to gain exposure to Bitcoin without the risks associated with custody.
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MysticGlider
Thu Dec 19 2024
Many traders have concerns about the security of exchanges and the potential for fraud.
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Rosalia
Thu Dec 19 2024
In January 2024, the Securities and Exchange Commission granted approval to spot Bitcoin ETFs.
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ZenHarmonious
Thu Dec 19 2024
This approval offers traders an alternative method to invest in Bitcoin.
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Andrea
Thu Dec 19 2024
The approval of spot Bitcoin ETFs addresses these concerns by offering a regulated and secure investment option.
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