Could you elaborate on the reasons behind the high pricing of Bitcoin spot ETFs? I've noticed that compared to other investment vehicles, the cost of entry seems significantly steeper. Is it due to the complexity of managing a Bitcoin ETF? Or is it the inherent volatility of the
cryptocurrency market that drives up the price? Additionally, are there any regulatory factors that contribute to the high cost? Understanding these factors would help investors make more informed decisions when considering Bitcoin spot ETFs.
7 answers
DondaejiDelightful
Tue Jul 16 2024
Bitcoin spot ETFs present unique challenges in terms of expenses compared to traditional funds.
Valentina
Tue Jul 16 2024
These challenges stem from the inherent costs of securing and trading cryptocurrency.
GwanghwamunGuardian
Mon Jul 15 2024
Despite these challenges, the SEC approved the first 11 bitcoin spot ETFs in January 2024.
Tommaso
Mon Jul 15 2024
The nature of cryptocurrencies requires specialized measures for security and custody.
Tommaso
Mon Jul 15 2024
This approval follows the rejection of several applications from crypto asset managers in the past.