🛟 When you wanna go swimming, but aren’t ready for the deep end…
A spot bitcoin exchange-traded fund (ETF) would track the price of BTC, letting crypto-cautious investors get exposure to the OG crypto’s price moves without actually owning it (picture: no concerns of lost wallets or hacked funds). Bitcoin passed $30K this week as investors eyed what analysts say is the increasing likelihood that the SEC will approve the US’s first spot bitcoin ETF by January.
Latest Stories
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.