#BitwiseBitcoinETF
Bitcoin ETF (Exchange-Traded Fund) is an investment vehicle that tracks the price of Bitcoin, allowing investors to gain exposure to Bitcoin without directly owning it. Traded on stock exchanges, Bitcoin ETFs simplify access to cryptocurrency by eliminating the need for wallets or private keys. They are available as spot ETFs, holding actual Bitcoin, or futures ETFs, based on Bitcoin futures contracts. While Bitcoin ETFs provide regulated, convenient access, they may involve fees, tracking errors, and market volatility. First launched in Canada in 2021, with futures-based ETFs approved in the U.S., these funds appeal to both retail and institutional investors.