Bitcoin ETF: The Crypto Landscape Has Changed!
The wait is over!
The U.S. Securities and Exchange Commission (SEC) has finally approved the listing and trading of a group of spot Bitcoin (BTC) ETFs.
What is a Bitcoin ETF?
A spot Bitcoin ETF is an exchange-traded fund that can directly hold Bitcoin among other investment securities. Unlike Bitcoin itself, which can only be bought and sold along the blockchain, BTC ETFs can be traded by investors through regular brokerage accounts. So, it is a new way to get exposure to the crypto market.
How can you invest in spot Bitcoin ETFs?
With an Invest.MT5 account, you can invest in a range of selected spot Bitcoin ETFs.
ARKB.US - ARK 21Shares Bitcoin ETF
BTCW.US - WisdomTree Bitcoin Fund
BTCO.US - Invesco Galaxy Bitcoin ETF
HODL.US - VanEck Bitcoin Trust
EZBC.US - Franklin Bitcoin ETF
If you don’t have an Invest.MT5 account, you can create one by clicking on the link below:
Key Data To Know About Bitcoin
- Bitcoin began 2023 just above $16,000, but began to rise again as the year progressed. At the beginning of January 2024, it was at a 12-month high of $43,127. This means that Bitcoin’s value has risen by almost 150%, on an annualised basis.
- The global cryptocurrency market cap today is $1.89 trillion, recording a 109.78% rise, when compared to one year ago. The market cap of Bitcoin (BTC) is $923 billion.
- The fourth BTC halving in history is approximately four months away. Historical records show that, after each such action, Bitcoin’s value records significant rises.
Bitcoin ETF: Witnessing history in the making!
With an Invest.MT5 account, you can invest in the Bitcoin ETF that you want and take advantage of market fluctuations that may arise regarding the popular and oldest cryptocurrency in the world.
