Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Nica Osorio

Exclusive Interview: Morph CEO On Spot Bitcoin ETFs As A New Frontier In Crypto Investment

Concept of Bitcoin ETF (Credit: Marco Verch/flickr)

KEY POINTS

  • The SEC approved 11 spot Bitcoin ETFs on Jan. 10, marking a significant milestone
  • Unlike futures-based ETFs, spot Bitcoin ETFs offer a more straightforward and secure exposure to Bitcoin's value
  • The launch of spot Bitcoin ETFs opens up the crypto market to institutional and retail investors

With the U.S. Securities and Exchange Commission's approval of the 11 spot Bitcoin exchange-traded fund applications on Jan. 10, BTC ETFs are trading across the country via exchanges and trade markets. This allows market managers previously constrained from participating in the cryptocurrency market access to a legitimate avenue to gain exposure to the foundational digital currency.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.