ETFs

Text

which bitcoin etf holds bitcoin

The Purpose Bitcoin ETF (BTCC) is notable as the "purest" Bitcoin ETF because it holds physical Bitcoin, providing investors with direct exposure to the cryptocurrency.

Oct 25, 2024 at 09:33 pm

Which Bitcoin ETF Holds Bitcoin?

Bitcoin ETFs have emerged as popular investment vehicles for investors seeking exposure to the cryptocurrency market. However, understanding which ETFs hold real Bitcoin can be confusing.

1. Grayscale Bitcoin Trust (GBTC)

Largest Bitcoin ETF
Holds 635,000 BTC ($12B)
Traded over-the-counter (OTC)
High management fees

2. ProShares Bitcoin Strategy ETF (BITO)

First Bitcoin ETF approved by the SEC
Holds futures contracts tied to Bitcoin price
Listed on the New York Stock Exchange (NYSE)
Lower management fees than GBTC

3. Valkyrie Bitcoin Strategy ETF (BTF)

Similar to BITO, holds Bitcoin futures contracts
Listed on the Nasdaq Stock Market
Also offers low management fees

4. VanEck Bitcoin Strategy ETF (XBTF)

Also holds a combination of Bitcoin futures contracts
Listed on the Cboe Global Markets
Management fees comparable to BITO and BTF

5. Purpose Bitcoin ETF (BTCC)

Available to investors in Canada
Holds physical Bitcoin
Considered the "purest" Bitcoin ETF due to its underlying asset

6. Evolve Bitcoin ETF (EBIT)

Also available in Canada
Similar to BTCC, holds physical Bitcoin
Offers lower fees than BTCC

7. Horizon BetaPro Bitcoin ETF (HBIT)

Canadian ETF providing 2x leverage to Bitcoin price
Holds a combination of Bitcoin futures contracts
High management fees and risk profile

8. CI Galaxy Bitcoin ETF (BTCX)

Canadian ETF offering 1.25x leverage to Bitcoin price
Holds Bitcoin futures contracts
Moderate management fees

9. 3iQ CoinShares Bitcoin ETF (BTCQ)

Listed on the Toronto Stock Exchange (TSX)
Holds physical Bitcoin
High management fees

10. Ninepoint Bitcoin ETF (BTCZ)

Canadian ETF providing tailored access to Bitcoin investments
Holds a combination of Bitcoin and Bitcoin-related assets
Management fees vary depending on strategy

Conclusion

While all of the listed ETFs offer exposure to the Bitcoin market, only BTCC, EBIT, and BTCQ hold physical Bitcoin. The other ETFs hold futures contracts, which may introduce additional risks. Investors should carefully consider their investment objectives and risk tolerance before choosing a Bitcoin ETF.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

SOLO

$0.5767

106.35%

Trade Now
GAME

$0.0067

56.30%

Trade Now
TAI

$0.1887

38.94%

Trade Now
ZEREBRO

$0.5210

36.51%

Trade Now
FTT

$2.76

34.87%

Trade Now
CTXC

$0.4879

32.94%

Trade Now

Latest Crypto News

Litecoin (LTC) Price Prediction: Will the Buyers Maintain Their Momentum and Target Higher Resistances?
2024-11-22 14:15:02
Can Neiro Top Its ATH? SHIB and Rollblock Pushing New Boundaries
2024-11-22 14:15:02
Ripple's XRP Token Surges 25% to Above $1.4 as SEC Chair Gary Gensler Announces His Exit
2024-11-22 14:25:01
How Dogecoin's Unexpected Shift Could Change Cryptocurrency Forever
2024-11-22 14:25:01
Solana Price Hits New ATH as Whales Accumulate: Can SOL Overtake Tether?
2024-11-22 14:25:01
Market Veteran Raoul Pal Predicts Dogecoin (DOGE) Could Be Poised for a Major Price Rally
2024-11-22 14:25:01

Related knowledge

What Is A Bitcoin ETF？

Oct 24,2024 at 10:13am

What is a Bitcoin ETF?A Bitcoin ETF, or exchange-traded fund, is a type of investment fund that tracks the price of Bitcoin. ETFs are traded on exchanges, just like stocks, and they allow investors to gain exposure to Bitcoin without having to buy the cryptocurrency itself.How do Bitcoin ETFs work?Bitcoin ETFs are typically created by investment firms t...

bitcoin etf with highest aum

Oct 23,2024 at 10:48pm

Top Bitcoin ETFs by Assets Under Management (AUM)1. Grayscale Bitcoin Trust (GBTC): $13.3 billion AUMLaunched in 2013, GBTC is the oldest and largest bitcoin ETF, providing accredited investors with exposure to bitcoin.2. Purpose Bitcoin ETF (BTCC.U): $1.6 billion AUMListed on the Toronto Stock Exchange in 2021, BTCC is the first physically-backed bitco...

what is the best etf to invest in bitcoin

Oct 31,2024 at 10:51pm

Invest in a Bitcoin ETFA Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin. This is an easy way to invest in Bitcoin without having to buy and store the cryptocurrency yourself.Invest in a Bitcoin mutual fundA Bitcoin mutual fund is a mutual fund that invests in Bitcoin and other cryptocurrencies. This is another easy way to invest...

what does bitcoin etf mean for crypto

Nov 12,2024 at 09:15pm

What Does Bitcoin ETF Mean for Crypto?The launch of a Bitcoin exchange-traded fund (ETF) in the United States has been a significant milestone for the cryptocurrency industry. Here's what it means for crypto and the implications it carries:1. Increased Accessibility and Legitimacy:Bitcoin ETFs provide investors a regulated and familiar way to gain expos...

bitcoin etf benefits

Oct 22,2024 at 11:17pm

Bitcoin ETFs: Benefits and Considerations1. Enhanced Accessibility:Bitcoin ETFs enable investors to gain exposure to Bitcoin without the need for direct ownership, complex setup, or technical expertise. By investing in an ETF, investors can participate in the Bitcoin market with ease, diversification, and lower transaction costs compared to spot purchas...

bitcoin etf good or bad

Oct 23,2024 at 05:41am

Bitcoin ETF: A Comprehensive Analysis of Advantages and DisadvantagesWhat is a Bitcoin ETF?A Bitcoin exchange-traded fund (ETF) is an investment vehicle that allows investors to gain exposure to the price of Bitcoin without having to buy and store the cryptocurrency themselves. Bitcoin ETFs are traded on traditional stock exchanges, making them easily a...