Bitcoin was born as a means of electronic payment between pairs, that is, between two people, to be able to carry out and facilitate economic transactions by creating an electronic currency outside the reach of governments and central banks.By competing with the central banks, regulations and prohibitions did not delay. But in a short time, the world financial system began to adopt and accept it as a success that really is what it is today. The banks, the mutual funds with their respective investment managers and the other institutional investors are watching in Bitcoin today as an ally instead of an enemy, and therefore began to accept it gradually.One of the major steps it should take, and without renouncing its principles of non-direct regulation, was to allow traditional investment accounts to integrate them into traditional investment accounts. The pioneers were online brokers, who began to accept duality in accounts regulated by FINRA in the USA and in different places in Europe and Asia the possibility of buying cryptocurrencies in individual investment accounts. Sometimes with some strategic alliances, but with some restrictions, such as PAXO with Interactive Brokers for U.S. resident, sometimes directly as Quantfury may be. I use both platforms and are excellent both.Two worlds are playing and living now. The Chicago Mercantile Exchange purse had already allowed the operation of two futures of operational Bitcoins.Deeper is still the integration after the big step it took in January 2024 the US Stock Exchange and Values Commission (SEC), which is the largest regulatory body in the American market (the largest in the world) that approved the first group of Bitcoin ETFs in sight (or “spot”) that began to quote in the American bag. I declare that ETFs were approved in view because an ETF had already been approved but done with future Bitcoins, ProShares Bitcoin Strategy ETF Fund (BITO). The agency gave green light to 10 ETF administrators, including BlackRock, Invesco, Fidelity, Grayscale and Ark Invest.Approval has marked a major step towards cryptocurrency, as it will provide large institutional investors and their individual customers with ways to gain exposure to Bitcoin through existing financial instruments trading in a regulated stock exchange.One of the great benefits is that the growth and distribution of Bitcoin in the U.S. because there were already usable ETFs outside the U.S.: A total of 5 countries and 3 autonomous territories gathered up to now the 20 funds quoted in Bitcoin pouch in view of the world, which were growing from 2020 most. In Canada, 7 Bitcoin ETFs are traded in sight as Purpose Bitcoin ETF (BTCC) of Purpose Investments, traded in the Toronto Stock Exchange (TSX) and released in February 2021, which was the largest Bitcoin ETF by January 2024. Also successful were the CI Galaxy Bitcoin ETF (BTCX.B) of CI Global Asset Management or The Bitcoin Fund (QBTC) of 3iQ Digital Asset Management released. Germany has a single Bitcoin ETF in sight, the ETC Group Physical Bitcoin (BTCE), which was released in June 2020 and has 100% BTC exposure. Brazil has two funds quoted in Bitcoin stock in view: one is the Hashdex Nasdaq Bitcoin ETF (BITH11) fund, launched in August 2021 and catalogued as the first Green Bitcoin ETF in Brazil, due to its investment approach in carbon credits to reduce its carbon footprint and QBTC11, the first Bitcoin ETF in Latin America, with a launch in June 2021 the position of the active Management administrator. Australia has the Global X 21Shares Bitcoin ETF (EBTC). The list is completed with other impositive lax jurisdictions on the one hand and innovative and flexible on the other hand as Liechtenstein, Jersey, Guernsey and the Cayman IslandsThe release of Bitcoin ETFs in the US. give you greater credibility of cryptocurrencies as an asset class, and especially that Bitcoin could start appearing in conventional portfolios, where many more retail investors can gain exposure, as well as large institutional fund managers can add it to their investment funds.The ease and tranquility of owning Bitcoins has been a theme since its creation due to hacks in virtual wallets with “hot” storage (i.e. on the internet) and multiple bans by governments. When investing in an ETF of Bitcoins it is no longer necessary to depend on a vulnerable hardware for your storage. Investors do not need to address the difference between hot and cold wallets,” which store digital tokens. Instead, they can simply buy an ETF from one of the many regulated asset administrators who launched their own ETFs.These are the 10 funds created and their respective tickers to operate them:
- GBTC Grayscale Bitcoin ETF
- IBIT Ishares Bitcoin Trust
- FBTC Fidelity Wise Origin Bitcoin Fund
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- BTCW Wisdomtree Bitcoin ETF
- _ Valkyrie Bitcoin Fund
- HODL Vaneck Bitcoin Trust ETF
- EZBC Franklin Bitcoin ETF
- ARKB ARK 21Shares Bitcoin ETF
- BITB Bitwise Bitcoin ETF
- DEFI Hashdex Bitcoin Futures ETF
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