Bitcoin is a cryptocurrency created in 2009 by an unknown figure under the alias Satoshi Nakamoto. This cryptocurrency is built on the foundational principles of blockchain, which allows for a recorded inemutable, decentralized ledger of transactions to be maintained on a distributed network with no single point of failure. Bitcoins are created through the “mining” process which relies on specialized computers to solve math puzzles of ever-increasing complexity; and because this process is not governed by a central authority, investors have embraced the deflationary appeal that there is a limited and finite supply of only 21 million bitcoins. This cryptocurrency has opened up the doors to pseudonymous transactions, more efficient transfer of capital across borders, and created a new digital store of value.
Bitcoin has been a disruptive force since its creation; it has challenged the business models of legacy financial service institutions and central banks alike. The Bitcoin economy is still very much in its infancy and its growth potential and inherent risks are very high. While it’s possible to reap extraordinary gains in the short-term by trading Bitcoin, there is still quite a bit of uncertainty among regulators and numerous challenges to securely storing the asset across exchanges. Because of these risks, there are no ETFs currently available that offer specifically direct exposure to Bitcoin, although several funds are in the works. Investors can also gain tangential exposure to Bitcoin through companies harnessing the underlying Blockchain technology.
Click on the tabs below to see more information on Bitcoin ETFs, including historical performance, dividends, holdings, expense ratios, technical indicators, analysts reports and more. Click on an ETF ticker or name to go to its detail page, for in-depth news, financial data and graphs. By default the list is ordered by descending total market capitalization.
Editor’s Note: There are currently no 100% pureplay bitcoin ETFs trading yet, but there are ETFs that invest in bitcoin companies such as the Grayscale Bitcoin Trust BTC.
As of 01/25/21