1. Types of Bitcoin ETFs

Spot Bitcoin ETFs: These directly track the price of Bitcoin by holding the actual cryptocurrency.

Futures-based Bitcoin ETFs: These track the price of Bitcoin futures contracts rather than holding actual Bitcoin. The first Bitcoin ETF approved by the SEC (ProShares Bitcoin Strategy ETF) is futures-based.

2. Recent Developments Market

Demand: Growing institutional and retail demand for Bitcoin exposure through regulated financial products.

New Applications: Continuous submissions of new Bitcoin ETF applications, with some targeting more innovative structures to address regulatory concerns.

#BitcoinETFs #BitcoinHistory #BitcoinETFsMarketCap #SEC