A spot Bitcoin ETF is a financial instrument that allows investors to gain exposure to the price of bitcoin without actually owning the cryptocurrency itself.
Was this helpful?
186
31
AlessandraMon Dec 02 2024
Schwab is one of the financial institutions that offers spot Bitcoin ETFs to its clients.
Was this helpful?
345
63
WhisperWindLightMon Dec 02 2024
Unlike some other ETFs that invest in derivatives, such as futures, a spot bitcoin ETF invests directly in the underlying asset, which in this case is bitcoin.
Was this helpful?
337
42
ElenaMon Dec 02 2024
This direct investment approach means that the ETF's performance is closely linked to the price movements of bitcoin.
Was this helpful?
193
84
GyeongjuGloriousMon Dec 02 2024
Investors who are interested in gaining exposure to the cryptocurrency market but may be hesitant to buy and store bitcoin themselves can consider investing in a spot bitcoin ETF.