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Too Much Talk about Bitcoin ETF?
What is a Bitcoin ETF?
How does a Bitcoin ETF work?
Crypto Equities ETF
Bitcoin ETFs: What are they and how do they work?

The First time read this info was through Benjamin Smith

ETF Essentials
21 June 2023
A Bitcoin ETF combines two prevalent forms of investment, ETFs and cryptocurrencies, into one package. A Bitcoin ETF aims to track the Bitcoin price, exposing investors to the digital asset without themselves directly holding the physical asset.
What is a Bitcoin ETF?
When investors refer to a ‘Bitcoin ETF,’ they are usually referring to a ‘spot Bitcoin ETF’.
A Bitcoin exchange-traded fund is an investment vehicle that seeks to track the price of Bitcoin. Bitcoin ETFs are traded on traditional regulated securities exchanges and are not available on cryptocurrency exchanges.
Eg: Any Bitcoin ETF offered in Australia is regulated by the Australian Securities and Investment Commission (ASIC). Investors can gain exposure to the digital asset without the hassle of having to sign up to a cryptocurrency exchange and creating a crypto wallet.
How does a Bitcoin ETF work?
Investors can gain access to Bitcoin directly or indirectly through two different methods: spot Bitcoin ETFs and Bitcoin futures ETFs. Here is how each product works.
1. Spot Bitcoin ETFs
2. Bitcoin futures ETFs
Bitcoin ETF approvals in the U.S. and Australia
Approvals in the U.S.
In 2017, the Securities and Exchange Commission (SEC) turned down[2] the first petition to launch a Bitcoin spot ETF. Later attempts with a futures-based fund had more success. The ProShares Bitcoin Strategy ETF, known as BITO, began trading[3] in October 2021.
BITO aims to track the price of Bitcoin futures contracts traded at the Chicago Mercantile Exchange (CME).
In June of 2023, BlackRock’s iShares field paperwork for Spot Bitcoin ETF[5]. To date, the SEC has not approved a Bitcoin spot ETF. However, there is 95% hope.