The SEC has already approved several spot Bitcoin ETFs in the U.S.; however, these ETFs are not allowed in the EU due to strict regulations. Instead, there are other alternative ways to safely invest in cryptocurrencies.
After years of anticipation and over 20 rejected applications, the United States Securities and Exchange Commission finally approved a wave of spot Bitcoin (BTC) exchange-traded funds (ETFs) for trading on American stock exchanges.
These ETFs track the price of the world’s leading cryptocurrency one-to-one by directly purchasing and holding Bitcoin.
Previously, only Bitcoin futures ETFs were available in the United States. These track the performance of Bitcoin futures contracts, not the actual price of the cryptocurrency, and do not hold any real Bitcoin.
