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Can I buy a bitcoin spot ETF on traditional stock exchanges?

avatarFulton HerreraDec 26, 2021 · 3 years ago3 answers

Is it possible to purchase a bitcoin spot ETF on traditional stock exchanges? I'm interested in investing in bitcoin but would prefer to do so through a traditional stock exchange. Can I find a bitcoin spot ETF listed on these exchanges?

Can I buy a bitcoin spot ETF on traditional stock exchanges?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, as of now, there is no bitcoin spot ETF available on traditional stock exchanges. The Securities and Exchange Commission (SEC) in the United States has not yet approved any bitcoin ETFs for listing on these exchanges. However, there are other ways to invest in bitcoin, such as buying it directly from cryptocurrency exchanges or investing in bitcoin-related companies listed on traditional stock exchanges.
  • avatarDec 26, 2021 · 3 years ago
    No, you cannot buy a bitcoin spot ETF on traditional stock exchanges. Bitcoin spot ETFs are not yet available for trading on these exchanges. However, there are alternative investment options available for those interested in bitcoin, such as investing in bitcoin futures contracts or purchasing shares of companies that have exposure to bitcoin.
  • avatarDec 26, 2021 · 3 years ago
    While you cannot currently buy a bitcoin spot ETF on traditional stock exchanges, there are other options available. For example, you can consider investing in a bitcoin spot ETF on BYDFi, a digital asset exchange that offers a wide range of cryptocurrency investment products. BYDFi provides a secure and regulated platform for trading bitcoin spot ETFs and other digital assets.