In BlackRocks' case, their iShares Bitcoin ETF directly buys bitcoin as per their product brief. They basically offer investors exposure to BTC without the challenges of holding it directly. And technically, when the price of an ETF performs well, it doesn’t directly change their underlying assets price, in this case BTC.

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

Mar 13, 2024 · tldr; BlackRock's iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, now holds over 203,000 Bitcoins, making it the second largest Bitcoin ETF by assets under management (AUM) but the largest by daily trading volumes. Since its launch on January 11, it …

If the value of Bitcoin goes up, the price of the ETF share goes up and vice versa. Second, my understanding is that this would be aimed at "traditional" or "retail" investors, allowing them to have exposure to Bitcoin. Third, this is all assuming perfect world scenario's where the Bitcoin ETF(s) get approved in the US.

You aren't owning bitcoin with an ETF. You only have price exposure to bitcoin. All of the sovereignty and freedom bitcoin offers you is null when you have it through an ETF, even holding thorugh a custodian loses the value proposition of bitcoin. Look up executive order 6102 when the government made it illegal to hold gold.

"Faking an ETF" would not be how a Bitcoin ETF scam works. A Bitcoin ETF scam would be trading more ETF shares than the BTC the institution actually holds. Which is a very real possibility when you look at what the gold ETFs do.

Mar 23, 2024 · The ETF also has the advantage of being able to be bought in an IRA. I’ve got a bit of FBTC in my Roth IRA and some BTC and ETH in my Fidelity Crypto account. But most of my crypto is with Coinbase mainly due to the much much larger selection of assets and lower transaction costs (if using their Advanced Trading feature at least).

Jan 9, 2024 · As the spot bitcoin etf is imminent this 2024, it's important to take note that the asset management firm with the cheapest management fees and most trading volume on the first trading days post-launch will be the winner. It's clearly a winner take most market.

Jan 11, 2024 · A Bitcoin ETF is a type of exchange-traded fund that tracks the price of Bitcoin and allows investors to trade and invest in Bitcoin without actually owning the cryptocurrency. This type of investment vehicle provides an alternative for those who want exposure to Bitcoin's price movements without the complexities of managing actual ...

A bitcoin ETF is a vehicle to allow those to participate in investing in bitcoin. It removes custody challenges. At companies that have huge amounts of bitcoin, brand new, formal processes need to be created to ensure that no one or two employees can abscond with millions or billions of dollars worth of bitcoin.