Blockchain industry | What is a Bitcoin spot ETF?
In January 2024, the U.S. Securities and Exchange Commission (SEC) approved several Bitcoin spot ETFs, which subsequently began trading.
ETF fund flows are simply the net amount of fund-share creations and redemptions. They include hedging activity, so they shouldn’t be viewed directly as new buying.
Coin mentioned: $BTC , quoted at 82,654 (-0.53% over 24h).
If you don’t understand a product, it’s best to steer clear. Try it with a small amount first.
#BTC
In January 2024, the U.S. Securities and Exchange Commission (SEC) approved several Bitcoin spot ETFs, which subsequently began trading.
ETF fund flows are simply the net amount of fund-share creations and redemptions. They include hedging activity, so they shouldn’t be viewed directly as new buying.
Coin mentioned: $BTC , quoted at 82,654 (-0.53% over 24h).
If you don’t understand a product, it’s best to steer clear. Try it with a small amount first.
#BTC