Crypto Basics 📚 Bitcoin Spot ETFs
Bitcoin spot ETFs directly hold Bitcoin, allowing investors to gain exposure to Bitcoin’s price by trading fund shares through a securities account.
In January 2024, the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin spot ETFs, and these funds began trading that same month.
Learning this won’t make me an expert overnight, but it can help me avoid one basic mistake.
Coin in the example: $BTC . Current price: 83538.01, 24h: +0.67%.