In January 2024, the United States finally launched spot Bitcoin ETFs after many years of struggle. Previously, only the futures version of the instrument was available in the market.

Spot Bitcoin ETFs have attracted the attention of institutional investors. This instrument simplifies investments in cryptocurrency and helps avoid many risks, including those related to organizing the secure storage of coins. The issuer resolves all the issues.

As of the time of writing this review, 6.2% of the cryptocurrency's issuance has already been purchased for Bitcoin ETFs. The largest share in the category (2.6%) belongs to the spot BTC ETF from Blackrock.

Investor interest in ETFs prompts issuers to buy up available Bitcoins. This way, they support the demand for cryptocurrency, which allows its price to rise.$LINK $TRX $ADA