A Bitcoin spot ETF is the offering of BTCs purchased by brokerages to investors on traditional exchanges. Investors can invest in Bitcoin simply by purchasing funds. Investors who find it difficult to invest in cryptocurrencies or simply rely on the SEC can gain easier access to cryptocurrencies thanks to ETFs.
What Do Bitcoin ETFs Do?
Investors can overcome complex investment stages, storage difficulties and security concerns for cryptocurrencies with Bitcoin ETFs. Bitcoin ETFs are linked to Bitcoin futures contracts. By purchasing an ETF, investors can own Bitcoin without making any further transactions.