Cryptocurrency Q&A
Is there a spot-bitcoin ETF in the US?
Is there a spot-bitcoin ETF in the US?
Pietro
Wed Jan 22 2025
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5
answers
1060
I'm wondering if there's a spot-bitcoin ETF available in the United States. I'm interested in investing in Bitcoin through an ETF and want to know if there's such an option in the US market.
5 answers
KimonoGlitter
Fri Jan 24 2025
The Winklevoss twins made the initial attempt in 2013, aiming to capitalize on the burgeoning cryptocurrency market. At that time, Bitcoin was trading just below the $100 mark, representing a fraction of its current value.
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GeishaCharming
Fri Jan 24 2025
Despite their pioneering effort, the Winklevoss twins' application for a Bitcoin ETF faced significant hurdles. The US Securities and Exchange Commission rejected their proposal, marking a setback for the entire industry.
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Dario
Fri Jan 24 2025
This rejection was not an isolated incident. Over the subsequent years, numerous other attempts to launch a spot-Bitcoin ETF in the US met with similar fates. Each proposal faced rigorous scrutiny and ultimately failed to gain approval from the regulatory body.
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Thunderbolt
Fri Jan 24 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the evolving needs of the digital asset market. Among its offerings are spot trading, futures trading, and wallet services, providing a comprehensive platform for investors to engage with Bitcoin and other cryptocurrencies.
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Valentina
Fri Jan 24 2025
The journey towards establishing a spot-Bitcoin ETF in the United States has proven to be both lengthy and tumultuous.
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