Bitcoin ETF Overview

A Bitcoin Exchange-Traded Fund (ETF) is a financial instrument that offers investors exposure to the Bitcoin market without requiring them to directly purchase Bitcoin. These funds provide an opportunity to gain or lose based on Bitcoin's price movements and are typically designed as a more accessible option for mainstream investors.

Features that Distinguish Bitcoin ETFs:

• Ownership: Investors in Bitcoin ETFs own shares in a fund that holds Bitcoin, rather than owning Bitcoin directly. This doesn't require using an individual wallet.
• Trading Hours: While the Bitcoin market operates 24/7, Bitcoin ETFs can only be traded during traditional stock exchange hours.
• Fees: Bitcoin ETFs charge specific fees for fund management, while direct Bitcoin buyers only encounter transaction fees.

Advocates of Bitcoin ETFs argue that these funds alleviate the security and technical challenges of cryptocurrencies and enable broader adoption of Bitcoin.