#BitwiseBitcoinETF

Structure:

An ETF is traded on traditional stock exchanges, making it accessible to investors through standard brokerage accounts.

It behaves like a stock, meaning it can be bought and sold during market hours.

Underlying Asset:

A Bitcoin ETF may hold actual Bitcoin (physical-backed ETF) or Bitcoin futures contracts (futures-backed ETF).

Some ETFs also invest in companies related to the Bitcoin ecosystem.