Bitcoin ETFs offer a way for investors to gain exposure to Bitcoin's price movements without directly holding the cryptocurrency. These financial products are available in two main forms: spot ETFs, which hold actual Bitcoin, and futures ETFs, which track Bitcoin's price through futures contracts. The approval of the first spot Bitcoin ETFs in the US in January 2024 marked a significant milestone for the crypto industry.
BlackRock's iShares Bitcoin Trust (IBIT) is a prominent example, providing direct exposure to Bitcoin with low fees and strong institutional support. Investors can purchase Bitcoin ETFs through standard brokerage accounts, offering a convenient and regulated method to participate in the crypto market.
Understanding Bitcoin ETFs: Accessing Crypto Through Traditional Markets
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