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The ability to trade spot Ethereum ETFs makes it easy and cheap for traders to take a stake in the digital currency at their usual broker without needing a specialized account at a crypto exchange.
Bitcoin spot ETFs were approved in January 2024 and Ethereum ones received approval in July. While ETF approval was not the only reason both tokens performed well, it was certainly a contributing ...
New spot ETFs for Ethereum—which will let investors purchase the second most popular cryptocurrency in the form of stocks— are expected to begin trading on Tuesday, July 23.
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. [1] [2] [3] ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or commodities such as gold bars.
Spot crypto ETFs are only available for bitcoin and ethereum currently — but hold actual bitcoins as the underlying asset of the fund — and more closely mirror the price movement of bitcoin on ...
Here are the daily ETF fund flows for July 19, 2022.
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Barely two months since their approval, spot Bitcoin ETFs have proved massively popular, with over $11.8 billion flowing into the so-called “Newborn Nine,” including a record $1 billion on ...