CoinCarp Blog

Bitcoin  is the world's most popular and valuable cryptocurrency, with a market capitalization of over $1 trillion as of November 2023. However, investing in Bitcoin can be challenging for many people, as it requires technical knowledge, security measures, and access to specialized platforms. Moreover, Bitcoin is subject to high volatility, regulatory uncertainty, and market manipulation, which can deter potential investors. One way to overcome these challenges is to invest in a Bitcoin spot ETF, or exchange-traded fund. A Bitcoin spot ETF is a type of investment vehicle that allows investors to gain exposure to the price of Bitcoin without having to buy, store, or manage the actual cryptocurrency. A Bitcoin spot ETF tracks the spot price of Bitcoin, which is the current market price of buying or selling one Bitcoin. A Bitcoin spot ETF owns and stores Bitcoin in a secure digital vault, and issues shares that represent a fraction of the Bitcoin it holds. Investors can buy and s...

Bitcoin is the most popular and valuable cryptocurrency in the world, with a market capitalization of over $1 trillion as of August 2023. Many investors are interested in gaining exposure to this digital asset, but they may not want to deal with the challenges and risks of buying, storing, and securing Bitcoin directly. That's where Bitcoin exchange-traded funds (ETFs) come in. Bitcoin ETFs are investment vehicles that track the price of Bitcoin or related assets, such as Bitcoin futures contracts or blockchain companies. They are traded on traditional stock exchanges, like any other ETF, and can be bought and sold through brokerage accounts. Bitcoin ETFs offer several advantages over owning Bitcoin directly, such as liquidity, diversification, tax efficiency, and regulatory oversight. However, not all Bitcoin ETFs are the same. There are two main types of Bitcoin ETFs: spot ETFs and futures ETFs. Spot ETFs aim to track the current market price of Bitcoin, while futures ET...

  Bitcoin ETF Ticker Symbol The first US Bitcoin ETF was launched on Tuesday (US time), ending the cryptocurrency community’s approximately six years of anticipation.  ProShares' ETF will begin trading on the New York Stock Exchange (NYSE) Arca under the ticker symbol $BITO.  However, the ETF will focus on  Bitcoin  futures instead of holding spot Bitcoin, which is slightly different. It will be online but it does not mean that it will be available to everyone. Let's take a look at some of the main issues surrounding the large number of Bitcoin ETFs. What are the Differences between Futures ETF VS Spot ETF? With Gary Gensler managing the US Securities and Exchange Commission (SEC), the agency seems to have decided to approve the launch of Bitcoin futures ETFs—instead of ETFs based on spot trading. There are some key differences between the two. For spot ETFs, the value of the ETF will closely depends on the spot price of the underlying asset. In the case of a Bi...