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Getting & Holding

What is a Bitcoin ETF?

Quick answer

A fund that holds bitcoin and trades like a stock in a regular brokerage or retirement account. The SEC approved US spot Bitcoin ETFs in January 2024.

Go deeper

An ETF is easy, but you own shares of a fund, not bitcoin. You can't send it, hold the keys, or use it outside the brokerage, and you pay an annual fee. Many Bitcoiners see ETFs as an on-ramp, and self-custody as the real thing.

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