Cryptocurrency Q&A
Can you buy a spot bitcoin ETF in 2024?
Can you buy a spot bitcoin ETF in 2024?
Maria
Sat Jul 13 2024
|
5 answers
1405
As a keen observer of the cryptocurrency and finance landscape, I'm curious to know if there's any likelihood that we could purchase a spot bitcoin ETF in 2024. With the evolving regulatory framework and the growing interest in digital assets, I'm wondering if the necessary infrastructure and market conditions would be in place to support such a product. Would regulators be more receptive to such a financial instrument? What about the demand from investors? Are there any challenges that could potentially hinder the launch of a spot bitcoin ETF in the next few years? I'd appreciate any insights you have on this matter.
5 answers
Martino
Mon Jul 15 2024
In 2024, investors have the opportunity to purchase 11 new spot Bitcoin ETFs, offering diverse fee structures.
Was this helpful?
161
26
DondaejiDelightfulCharmingSmileJoy
Sun Jul 14 2024
Among these ETFs, some offer fee waivers as an incentive. For instance, one ETF waives fees up to 0.12% for the first $5 billion in assets under management (AUM) until January 2025, and then charges 0.25% thereafter.
Was this helpful?
347
30
CryptoLodestarGuard
Sun Jul 14 2024
Another ETF provides a waiver on the first $1 billion in AUM until July 11, with a subsequent fee of 0.2%. This structure allows investors to enjoy lower costs initially.
Was this helpful?
112
37
charlotte_bailey_doctor
Sun Jul 14 2024
A third ETF offers a similar fee structure, with a waiver on the first $5 billion in AUM through July 10. Once this threshold is exceeded, the fee increases to 0.25%.
Was this helpful?
387
30
Ilaria
Sun Jul 14 2024
BTCC, a UK-based cryptocurrency exchange, provides a comprehensive range of services including spot trading, futures, and wallet management. These services cater to the diverse needs of investors in the digital asset market.
Was this helpful?
398
91
