💬 An overview of the latest statistics of spot bitcoin ETFs
💚 Earlier this month, spot bitcoin ETFs were finally approved by the US SEC. Spot ETFs are financial instruments that allow investors to gain exposure to spot changes in the price of Bitcoin.
💚 With spot ETFs, traders do not need to own the assets themselves. ETFs are traded on traditional exchanges, so they can be a better option for traditional investors. For some investors, navigating cryptocurrency exchanges and learning how wallets work can be a barrier to entry, and ETFs solve that problem.