{"id":145496,"date":"2024-01-02T13:24:17","date_gmt":"2024-01-02T13:24:17","guid":{"rendered":"https:\/\/www.techopedia.com"},"modified":"2024-01-02T13:24:50","modified_gmt":"2024-01-02T13:24:50","slug":"bitcoin-etf-launch-looms","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/bitcoin-etf-launch-looms","title":{"rendered":"Bitcoin ETF Launch Looms: Anticipation Builds for January Debut"},"content":{"rendered":"
As crypto markets rally into 2024<\/a>, the impending decision on the launch of a Bitcoin Exchange-Traded Fund (ETF) in the United States has garnered significant attention.<\/p>\n Analysts and industry experts are closely monitoring the developments, with many speculating that a spot Bitcoin<\/a> ETF approval could be imminent as early as January 10, 2024<\/a>.<\/p>\n January 10 is the date by which the SEC is mandated to either approve or reject the Ark\/21Shares Bitcoin ETF filing.<\/p>\n Crypto ETFs are investment funds that track cryptocurrency prices, offering investors exposure to digital assets without needing to go out themselves and buy cryptocurrency.<\/p>\n Spot-based crypto ETFs directly hold physical\u00a0cryptocurrencies<\/a>, giving investors direct ownership of said assets.<\/p>\n Meanwhile, derivative-based crypto ETFs use financial instruments like futures contracts<\/a>, allowing investors to speculate on the price movements of digital assets without owning the assets.<\/p>\n A spot Bitcoin ETF invests directly into Bitcoin rather than derivative contracts and is traded on traditional stock exchanges, which opens a new avenue for market participants \u2014 possibly attracting traditionally non-crypto investors.<\/p>\nWhat is a Bitcoin ETF?<\/span><\/h2>\n