Cryptocurrency Q&A
When do spot bitcoin ETFs start trading?
When do spot bitcoin ETFs start trading?
JejuSunshineSoul
Thu Jul 11 2024
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6 answers
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Could you please elaborate on the timeline for the launch of spot Bitcoin exchange-traded funds (ETFs)? With the growing interest in cryptocurrencies and bitcoin specifically, investors are eager to know when they can start trading these ETFs on major exchanges. Do we have any indication of potential dates for approval and listing? Also, is there any news on which exchanges might be the first to offer these products? Understanding the timeline and potential platforms would greatly assist investors in making informed decisions about their allocation towards bitcoin ETFs.
6 answers
Alessandro
Sat Jul 13 2024
Alongside spot Bitcoin ETFs, there also exist futures ETFs, which differ primarily in their underlying asset and trading mechanism.
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Stefano
Sat Jul 13 2024
Futures ETFs are linked to Bitcoin futures contracts rather than the spot price of Bitcoin itself. This allows investors to speculate on the future price movements of Bitcoin without directly owning the underlying asset.
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TopazRider
Sat Jul 13 2024
On January 10, the United States Securities and Exchange Commission (SEC) granted approval to the inaugural group of 10 spot Bitcoin Exchange-Traded Funds (ETFs).
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Claudio
Sat Jul 13 2024
BTCC, a renowned UK-based cryptocurrency exchange, offers a comprehensive range of services encompassing spot trading, futures trading, and digital wallet management. By leveraging its robust infrastructure and innovative technologies, BTCC caters to the diverse needs of crypto enthusiasts and investors worldwide.
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Nicola
Sat Jul 13 2024
These spot Bitcoin ETFs commenced trading operations on the following day, January 11, marking a significant milestone in the integration of cryptocurrencies into traditional financial markets.
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