Bitcoin ETF (ETF) news

SEC Approves ETH ETF Options, DOGE ETF in the Works

The U.S. Securities and Exchange Commission (SEC) has approved options for spot ETH ETFs offered by major firms like BlackRock and Fidelity. These options allow investors to better manage risk and make informed decisions in different market conditions. This follows a similar approval for Bitcoin ETF options last October, which boosted market activity and price transparency. With these new approvals, 2025 could bring a wave of crypto-related investment products. ETF options are especially useful for institutional investors and traders who want to bet on or protect against price changes in crypto assets. In addition, 21Shares has proposed a Dogecoin (DOGE) ETF, with support from the Dogecoin Foundation. This product targets both regular and professional investors looking for unique investment opportunities. Dogecoin is praised for its fast transaction times, low fees, and strong online community. Unlike Bitcoin’s focus on being rare and valuable, Dogecoin is positioned as a practical and engaging digital currency for everyday use. Source: Blockworks Futures Market Updates Over the past 24 hours, both BTC and ETH futures experienced a decline in open interest, with BTC dropping by 3.66% and ETH by 2.75%, indicating a general cooling in market activity. BTC futures saw a more moderate decline in trading volume (-17.56%) compared to ETH's sharper drop of 31.52%, suggesting greater investor pullback in ETH markets. Despite the lower volume, ETH recorded slightly higher long liquidations than BTC. Both markets are showing nearly balanced long/short ratios, reflecting uncertainty among traders. Notably, ETH futures showed a negative funding rate, contrasting BTC's slightly positive rate, pointing to more bearish sentiment in the ETH market. BTC Futures Updates Total BTC Open Interest: $52.75B (-3.66%) BTC Volume (24H): $144.60B (-17.56%) BTC Liquidations (24H): $62.26M (Long)/$29.29M (Short) Long/Short Ratio: 49.96%/50.04% Funding Rate: 0.0012% ETH Futures Updates Total ETH Open Interest: $17.35B (-2.75%) ETH Volume (24H): $60.63B (-31.52%) ETH Liquidations (24H): $64.60M (Long)/$24.71M (Short) Long/Short Ratio: 49.79%/50.21% Funding Rate: -0.0032% Top 3 OI Surges BABY: $55.20M (+1361.30%) MANEKI: $2.37M (+403.66%) ZRC: $8.36M (+264.08%)

What Is a Bitcoin Futures ETF? Could This Be the Simplest Way to Profit from Bitcoin?

If you've been following financial news lately, you've probably noticed Bitcoin popping up everywhere—from Wall Street headlines to casual conversations about investing. Yet, even with Bitcoin's soaring popularity, many people remain hesitant due to its complexity, volatility, and perceived risk. Imagine if there was a way to tap into Bitcoin's potential without dealing directly with digital wallets, complex transactions, or security concerns. Enter the Bitcoin Futures ETF, a financial innovation that might just offer the simplest pathway for traditional investors to profit from Bitcoin's growth. Curious to know more? Keep reading, as this guide explores exactly what a Bitcoin Futures ETF is, why investors are excited, the challenges involved, and practical strategies to make the most of this promising opportunity. Understanding the Basics of Bitcoin Futures ETF A Bitcoin Futures ETF is an exchange-traded fund (ETF) designed to give investors exposure to Bitcoin's price movements without the need to own the cryptocurrency directly. Instead of holding actual Bitcoin, these ETFs invest in Bitcoin futures contracts—agreements traded on regulated exchanges, like the Chicago Mercantile Exchange (CME), to buy or sell Bitcoin at a set price on a future date. This matters because Bitcoin Futures ETFs offer an accessible and regulated method for traditional investors to participate in cryptocurrency markets, eliminating the complexities associated with digital wallets and crypto exchanges. As a result, investors enjoy increased liquidity, market participation, and easier integration into existing financial portfolios. How Bitcoin Futures ETFs Work Bitcoin Futures ETFs operate by holding futures contracts rather than Bitcoin itself. These contracts represent the right—but not the obligation—to buy or sell Bitcoin at an agreed-upon price at a specified future date. As futures contracts approach expiration, ETF managers roll them over by selling expiring contracts and purchasing new ones, maintaining continuous exposure to Bitcoin price movements. What Is the First Bitcoin Futures ETF? The ProShares Bitcoin Strategy ETF, launched in October 2021, was the first Bitcoin Futures ETF approved in the U.S. It marked a significant milestone for the crypto industry, attracting immense attention and investment, accumulating over $1 billion in assets under management within days of launch. Why Bitcoin Futures ETFs Matter to Investors Bridging Traditional Finance and Crypto Bitcoin Futures ETFs bridge traditional financial markets and cryptocurrency, providing investors a familiar, regulated investment vehicle overseen by authorities such as the Commodity Futures Trading Commission (CFTC). This regulatory oversight adds credibility, attracting cautious investors who prefer established financial structures. Enhanced Market Liquidity and Accessibility With Bitcoin Futures ETFs listed on regulated exchanges, investors gain improved liquidity. They can easily buy and sell shares throughout the trading day, just as they would with any other ETF. This increased liquidity makes Bitcoin investments attractive to institutional investors and traders looking for quick, efficient transactions without navigating the volatility of the crypto market. Reducing Entry Barriers Many investors shy away from direct Bitcoin investments due to security concerns or technical complexities. Bitcoin Futures ETFs eliminate these concerns by removing the necessity of crypto wallets and digital asset management, thus significantly lowering the entry barriers for more investors. Common Challenges Investors Face With Bitcoin Futures ETFs Tracking Errors and Market Volatility A significant challenge with Bitcoin Futures ETFs is tracking error—discrepancies between the ETF's performance and Bitcoin's actual spot price. Futures contracts involve ongoing rollover costs, known as roll premiums, especially when futures prices exceed spot prices (contango). These costs can reduce overall returns, leading to performance deviations. Investors must be mindful of this issue. For instance, during periods of high volatility, like the significant fluctuations experienced in 2021 and 2022, tracking errors can become more pronounced, impacting investment returns. Higher Volatility and Leverage Risks Bitcoin itself is notoriously volatile, and futures contracts inherently amplify this volatility due to leverage. While leverage can enhance returns in a bullish market, it also magnifies losses when markets decline. Investors unfamiliar with these dynamics might face unexpectedly large fluctuations in portfolio value, highlighting the need for careful risk management. Effective Investment Strategies for Bitcoin Futures ETFs Diversification and Risk Management Investors should integrate Bitcoin Futures ETFs within a diversified portfolio. Allocating only a small percentage—typically between 1% and 5%—can mitigate exposure risks while still potentially benefiting from Bitcoin's price movements. Investors using Bitget, for instance, often adopt a balanced approach by combining cryptocurrency ETFs with traditional asset classes, effectively reducing overall volatility. Buy Bitcoin on Bitget today with ease! Understanding and Monitoring the Futures Market Investors should closely monitor the futures market to anticipate potential shifts in pricing structures. Recognizing periods of contango or backwardation (when futures prices are lower than spot prices) helps investors make strategic entry and exit decisions, minimizing losses related to rollover costs. Dollar-Cost Averaging (DCA) Adopting a dollar-cost averaging approach can smooth out volatility risks associated with Bitcoin Futures ETFs. Regularly investing a fixed sum, regardless of price fluctuations, reduces the impact of short-term volatility, potentially enhancing long-term returns. Top 5 Bitcoin Futures ETFs Every Investor Should Know 1. ProShares Bitcoin Strategy ETF (BITO) The first Bitcoin Futures ETF in the U.S., providing regulated and accessible exposure to Bitcoin's price movements. 2. Valkyrie Bitcoin Strategy ETF (BTF)Offers similar exposure to BITO, allowing investors to benefit from Bitcoin futures contracts on regulated exchanges. 3. VanEck Bitcoin Strategy ETF (XBTF)Known for lower management fees and efficient exposure through cash-settled Bitcoin futures contracts. 4. Global X Blockchain & Bitcoin Strategy ETF (BITS)Combines Bitcoin futures exposure with blockchain-related investments, ideal for broader crypto market participation. 5. Simplify Bitcoin Strategy PLUS Income ETF (MAXI)A unique blend of Bitcoin futures exposure and income generation strategies, perfect for investors seeking yield and growth. Addressing Common Investor Questions about Bitcoin Futures ETFs Is a Bitcoin Futures ETF Safe? While regulated Bitcoin Futures ETFs offer safer exposure compared to unregulated cryptocurrency markets, they still carry inherent risks such as tracking errors, volatility, and leveraged losses. Investors should approach these investments cautiously, clearly understanding the potential downsides and maintaining realistic expectations. Bitcoin Futures ETF vs. Spot Bitcoin ETF: Which One Is Better? Choosing between a futures ETF and a spot ETF largely depends on individual preferences. A spot Bitcoin ETF directly holds Bitcoin, closely tracking its spot price. Bitcoin Futures ETFs, on the other hand, introduce complexities related to futures contracts and associated costs. Investors preferring simpler exposure with minimal tracking errors may opt for spot ETFs when available, whereas those prioritizing regulated, indirect exposure may prefer Bitcoin Futures ETFs. How Do Fees Impact Investment Returns? Management fees, rollover costs, and transaction fees can significantly affect returns. Investors should closely evaluate each ETF's expense ratio and operational costs, choosing options with lower fees to maximize potential returns. Final Thoughts Bitcoin Futures ETFs represent a critical intersection between traditional financial structures and the dynamic cryptocurrency world. They offer investors regulated exposure to Bitcoin's price action while simplifying the complexities of digital asset ownership. However, potential investors must navigate these ETFs with a clear understanding of their unique risks, costs, and market dynamics. Adopting prudent investment strategies, understanding market conditions, and consistently monitoring ETF performance can help investors effectively harness the potential of Bitcoin Futures ETFs, turning volatility into opportunities. Ultimately, staying informed, diversified, and disciplined remains key to successfully investing in Bitcoin Futures ETFs, making them a valuable addition to the modern investor's toolkit. Feeling ready? Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

SEC Takes Key Step Toward Approving Solana, Litecoin, and XRP ETFs

The U.S. Securities and Exchange Commission (SEC) acknowledged multiple crypto-related ETF applications, marking a potential shift in regulatory stance. The SEC formally recognized Grayscale’s applications for Solana (SOL) and Litecoin (LTC) ETFs and BlackRock’s proposal for in-kind creations and redemptions on its iShares Bitcoin ETF. Additionally, Cboe filed 19b-4 documents to list and trade XRP ETFs from Bitwise, 21Shares, Canary Capital, and WisdomTree. This move is significant because it signals that the SEC may be more open to approving ETFs beyond Bitcoin and Ethereum, particularly for assets previously classified as securities. Bloomberg ETF analyst Eric Balchunas called this a “notable” development, suggesting it reflects a leadership-driven shift at the SEC. While the acknowledgment does not guarantee approval, it ties the SEC to a strict timeline for decisions. Companies now appear more confident in launching ETFs for a broader range of cryptocurrencies under the agency’s current administration. The SEC has until October to approve or deny Grayscale’s Solana ETF, highlighting the evolving regulatory landscape for digital asset investment products Source: CoinDesk Futures Market Updates In the past 24 hours, BTC futures saw a slight decrease in open interest by 0.43%, while ETH futures experienced a more significant drop of 5.89%. BTC's trading volume rose by 13.86%, significantly outperforming ETH, which saw a decline of 12.40% in volume. Liquidations for both assets favored shorts, with BTC liquidating $29.27M in shorts compared to ETH's $29.90M. The long/short ratios were nearly even for BTC, while ETH saw a slightly higher short position at 51.36%. Additionally, BTC's funding rate was higher at 0.0054%, compared to ETH's 0.0006%. BTC Futures Updates Total BTC Open Interest: $59.00B (-0.43%) BTC Volume (24H): $73.32B (+13.86%) BTC Liquidations (24H): $5.42M (Long)/$29.27M (Short) Long/Short Ratio: 49.71%/50.29% Funding Rate: 0.0054% Ether Futures Updates Total ETH Open Interest: $23.42B (-5.89%) ETH Volume (24H): $40.85B (-12.40%) ETH Liquidations (24H): $1.97M (Long)/$29.90M (Short) Long/Short Ratio: 48.64%/51.36% Funding Rate: 0.0006% Top 3 OI Surges GEMS: $641.60K (+147.28%) FORTH: $5.47M (+124.64%) VR: $2.24M (+114.35%)

Bitcoin 2024 Recap and 2025 Predictions

The year 2024 will go down in history as a transformative period for Bitcoin and the broader cryptocurrency market. This was the year that Bitcoin crossed the $100,000 threshold, spot Bitcoin ETFs made their groundbreaking debut, and stablecoins solidified their role in the global financial system. As we move into 2025, the momentum built in 2024 provides a strong foundation for continued growth and adoption. This article takes a closer look at Bitcoin’s remarkable 2024 and what we can expect for the year ahead. 2024: The Year Bitcoin Proved Its Might The $100,000 Milestone Bitcoin, the pioneer of cryptocurrencies, achieved an unprecedented feat in 2024 by surpassing the $100,000 mark. This milestone wasn’t just a psychological barrier but also a testament to Bitcoin’s growing acceptance as a global asset. Institutional investments, fueled by the approval of spot Bitcoin ETFs, played a key role in this price surge. Bitcoin’s rise was further supported by increasing global adoption. From retail investors to institutions, the demand for Bitcoin surged as it continued to prove its utility as a store of value, especially in uncertain economic times. The limited supply of 21 million coins remained one of Bitcoin’s most compelling features, driving demand among those looking for an inflation-resistant asset. Bitcoin's $100K Milestone: A Season Of Growth And Optimism Bitcoin ATHs And A Festive Market: Bitget Has You Covered Institutional Predictions and Valuation Insights: $100K, $1M, $3M The Pro-Crypto Shift: Trump, Bitcoin, And Market Transformations The Launch of Spot Bitcoin ETFs The introduction of spot Bitcoin ETFs in 2024 was a watershed moment for the cryptocurrency market. These funds allow investors to gain exposure to Bitcoin without the need to directly purchase and store the cryptocurrency. With major financial institutions like BlackRock, Fidelity, and Ark Invest leading the charge, spot Bitcoin ETFs quickly became the most successful ETF launch in history, attracting over $108 billion in assets under management. The approval of these ETFs marked the culmination of years of effort to bring Bitcoin into the mainstream financial ecosystem. For retail and institutional investors alike, the ETFs offered a simple, secure, and regulated way to invest in Bitcoin, further legitimizing its role as a valuable asset class. DDD-Day: Bitcoin ETF Is Approved An Analysis of The Launch of Spot ETH ETFs in the US The Rise of Spot Bitcoin ETFs: One Month After SEC Approval Predictions for Bitcoin in 2025 As Bitcoin and the cryptocurrency market look ahead to 2025, several key trends and developments are likely to shape the next phase of growth. 1. Strategic Bitcoin Reserves One of the most intriguing possibilities for 2025 is the establishment of Strategic Bitcoin Reserves (SBR) by major nations. The U.S. has already floated the idea of creating a Bitcoin reserve, which could inspire other G7 or BRICS countries to follow suit. This potential move is driven by the understanding that Bitcoin’s limited supply and growing status as a store of value make it an attractive addition to national reserves. If a major country integrates Bitcoin into its reserve strategy, it would mark a significant shift in global finance. Such a decision would elevate Bitcoin’s role as a reserve asset, diversify national holdings, and reshape international power dynamics. 2. Bitcoin DeFi and Layer 2 Growth Bitcoin is evolving beyond its original purpose as a store of value. The emergence of Layer 2 networks like Stacks, BOB, and CoreDAO has unlocked the potential for DeFi applications built on Bitcoin. In 2024, the introduction of innovations like the Nakamoto Upgrade and trustless Bitcoin-pegged assets enabled users to lend, borrow, and stake Bitcoin securely within its ecosystem. In 2025, the total value locked in Bitcoin DeFi is projected to surpass the $24 billion currently represented by wrapped Bitcoin derivatives on other blockchains. This growth will further integrate Bitcoin into the DeFi space, allowing users to unlock its immense value more efficiently and securely. 3. Expansion of Crypto-Focused ETFs Following the success of Bitcoin and Ethereum ETFs, the market is poised to see the introduction of new crypto-focused ETFs in 2025. These could include staking-enabled Ethereum ETFs and diversified crypto index funds offering exposure to a mix of assets like Bitcoin, Ethereum, Solana, and other emerging protocols. The continued innovation in ETFs will make crypto investing more accessible and attractive to a wider audience, further driving capital into the ecosystem. 4. Corporate Adoption by Tech Giants The Financial Accounting Standards Board (FASB) introduced new rules for cryptocurrencies in 2024, enabling companies to report crypto holdings at fair market value. This regulatory shift could encourage major corporations, particularly in the tech sector, to allocate a portion of their cash reserves to Bitcoin. Companies like Apple, Microsoft, and Google, collectively holding over $600 billion in cash, are now better positioned to embrace Bitcoin as a hedge against inflation and a non-correlated asset. If one of these “Magnificent Seven” companies adds Bitcoin to its balance sheet, it would set a precedent for corporate treasuries worldwide. 5. Total Crypto Market Cap Surpassing $8 Trillion The cryptocurrency market is poised for explosive growth in 2025, with predictions indicating that the total market cap could exceed $8 trillion. This growth will be driven by a combination of factors, including the expansion of DeFi, stablecoins, and institutional adoption of crypto assets. As new use cases continue to emerge, the market will attract both retail and institutional investors seeking to capitalize on the innovation and opportunities within the crypto space. 6. Bitcoin’s Role in Global Finance Bitcoin’s growing acceptance as a reserve asset, combined with its integration into DeFi and its prominence in ETFs, positions it as a cornerstone of global finance. As adoption increases, Bitcoin will likely play a more significant role in international trade, remittances, and sovereign wealth management. Challenges Ahead Despite the optimism surrounding Bitcoin and the broader cryptocurrency market, challenges remain. Regulatory uncertainty continues to loom, particularly in jurisdictions that have yet to establish clear guidelines for crypto assets. Scalability and energy consumption are also ongoing concerns that could impact Bitcoin’s long-term viability. Additionally, market volatility remains a characteristic feature of cryptocurrencies. While Bitcoin’s price trajectory has been overwhelmingly positive, potential corrections could test investor confidence. Conclusion The year 2024 marked a turning point for Bitcoin, solidifying its position as a global asset and paving the way for broader adoption. As we look ahead to 2025, the prospects for Bitcoin and the cryptocurrency market are incredibly promising. From the establishment of Strategic Bitcoin Reserves to the continued growth of stablecoins and the expansion of Bitcoin DeFi, the next year is set to be transformative. While challenges remain, the resilience and adaptability of the crypto industry suggest that Bitcoin will continue to thrive. Whether it’s reaching new price milestones, expanding its role in global finance, or unlocking new use cases, Bitcoin’s journey is far from over. As the world watches, 2025 could be the year Bitcoin becomes an even more integral part of our financial future. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Crypto Meets Wall Street: BlackRock’s Bitcoin ETF Changes History

BlackRock’s iShares Bitcoin Trust (IBIT) achieved a historic milestone in 2024, becoming the fastest-growing exchange-traded fund (ETF) ever. Within 11 months of its launch, IBIT amassed over $50 billion in assets under management, outpacing decades-old ETFs. Analysts lauded its rapid growth and significant market impact, calling it the greatest ETF launch in history. At a 0.25% expense ratio, IBIT generates approximately $112 million annually, highlighting its profitability. The fund’s launch also marked a turning point for Bitcoin, driving its price above $100,000 for the first time. BlackRock’s entry into the spot- Bitcoin ETF market followed years of regulatory resistance, including pivotal legal victories by Grayscale Investments. BlackRock’s approval in January 2024, alongside competitors like Fidelity and VanEck, cemented institutional acceptance of Bitcoin. IBIT’s success extended beyond assets, becoming a leader in trading volume and options markets. It consistently outperformed competitors, capturing over 50% of daily trading activity among Bitcoin ETFs. Meanwhile, rival Vanguard has avoided the crypto market, potentially alienating younger investors and ceding innovative ground to BlackRock. As IBIT continues to grow, analysts predict it may soon rival the largest gold ETFs, reinforcing its dominance in both crypto and traditional financial markets. Source: Bloomberg Futures Market Updates In the past 24 hours, BTC futures outperformed ETH futures in volume growth, with BTC volume surging 89.14% compared to ETH's 54.60%. BTC also saw a higher increase in open interest (+0.49%) than ETH (+0.30%). Liquidations were notably larger in BTC futures, with $53.23M long liquidations compared to ETH's $27.77M. However, both BTC and ETH futures experienced more long liquidations than short liquidations. Both assets had similar long/short ratios, slightly favoring shorts, though BTC had a marginally higher funding rate (0.0094%) than ETH (0.0070%). Overall, BTC exhibited stronger market activity compared to ETH. BTC Futures Updates Total BTC Open Interest: $59.19B (+0.49%) BTC Volume (24H): $110.35B (+89.14%) BTC Liquidations (24H): $53.23M (Long)/$25.78M (Short) Long/Short Ratio: 49.62%/50.38% Funding Rate: 0.0094% Ether Futures Updates Total ETH Open Interest: $23.36B (+0.30%) ETH Volume (24H): $34.70B (+54.60%) ETH Liquidations (24H): $27.77M (Long)/$10.80M (Short) Long/Short Ratio: 48.98%/51.02% Funding Rate: 0.0070% Top 3 OI Surges AI16Z: $19.87M (+225.95%) SYN: $11.59M (+105.03%) ZEREBRO: $3.48M (+99.76%)

Stocks vs. ETFs: The Great Bitcoin Showdown

A tidal wave of interest in Bitcoin has led to two powerful camps: the stock-based heavyweights (MicroStrategy, Grayscale) and the ETF power players (led by BlackRock). Both paths aim to capitalize on Bitcoin’s rise, yet they go about it in different ways. While companies like MicroStrategy invest heavily in Bitcoin and see their stock prices affected by crypto’s fortunes, ETF providers want to offer everyday investors a simple way to gain Bitcoin exposure with fewer complications. At the heart of it all is one driving question: Which approach will shape Bitcoin’s future the most? Become a Bitgetter and get your 6200 USDT package gift! The Stock Heavyweights These corporate powerhouses are known for their active conversion of parts of their treasury into Bitcoin, which positions them as de facto investment vehicles for crypto enthusiasts. Their strategic pivot has appealed to both risk-tolerant traders and traditional investors who want to add digital assets to their portfolios without direct handling of cryptocurrency transactions. MicroStrategy’s Bold Bitcoin Strategy MicroStrategy is famed for converting a large part of its corporate treasury into Bitcoin. Its CEO continues to champion Bitcoin’s prospects, making MicroStrategy Stock a go-to choice for those craving direct exposure to Bitcoin’s price action through the equity market. Although investors get excited about this unorthodox approach, they also acknowledge the unique nature of such a strategy. Grayscale’s Expanding Crypto Footprint Grayscale offers trusts that track popular cryptocurrencies, such as Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust. These funds allow traders to bet on digital assets without directly owning them, appealing to people who aren’t comfortable with private wallets or cryptocurrency exchanges. Grayscale’s products have grown in prominence as they bridge the gap between traditional finance and the crypto universe. The ETF Titans Another wave of market innovators delivers Bitcoin exposure through exchange-traded funds, which package crypto in a regulated, easy-to-trade form. The ETF approach resonates with cautious investors seeking the potential upside of Bitcoin without the complexity or perceived risk of direct coin ownership. BlackRock’s Entrance into Bitcoin ETFs BlackRock’s push to launch a Bitcoin ETF brought mainstream credibility to the crypto market. ETFs offer a straightforward buying and selling process, with no need for specialized crypto accounts. This convenience has energized not only retail investors but also large institutions, including pension funds, that might otherwise avoid direct crypto trading. Why ETFs Matter ETFs typically offer a transparent, regulated format and a potentially lower cost structure. For many conservative investors, owning an ETF is familiar—just another line item in a brokerage account. This gives Bitcoin a broader reach and may encourage future growth and adoption. If the future sees multiple Bitcoin ETFs, expect even larger capital inflows. Stocks vs. ETFs: Two Routes to Bitcoin Gold On one side, corporate equity investments (like MicroStrategy) deliver a more direct synergy between Bitcoin’s price swings and a company’s fortunes. On the other side, Bitcoin ETFs provide a convenient path for everyday investors who don’t want the hassle of managing crypto wallets or dealing with exchange risks. Both are propelling Bitcoin further into mainstream awareness, but each has unique pros and cons related to costs and regulatory oversight. The ongoing tug-of-war between these two camps has also boosted crypto-linked stocks and products. Whether it’s MicroStrategy Stock gaining due to a spike in Bitcoin, or a Bitcoin ETF drawing in new capital, the buzz around digital assets is hard to ignore. New entrants—ranging from venture capitalists to family offices—keep joining the fray, believing that Bitcoin’s growth is only just beginning. Conclusion Bitcoin’s rising profile rests on the shoulders of two powerful groups: the pioneers using corporate stock to bet big on crypto, and the gatekeepers of ETF products who ensure the investing process feels more “normal.” Both are helping to propel Bitcoin closer to the heart of traditional finance. Where it goes from here depends on how effectively these two worlds coexist—or compete—in a market that’s still ripe with possibility. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research and consider seeking professional guidance before investing in cryptocurrencies or related assets.

Bitcoin 101: The Best Places to Buy Bitcoin Today

Bitcoin, the world’s first and most popular cryptocurrency, has rapidly become a mainstay in the financial world. Recently, it made headlines by surging past $100,000—something that seemed impossible just a few years ago. Since Bitcoin was launched in 2009, it has grown from a small digital experiment into a well-known asset. Today, many investors, businesses, and even governments are paying attention to Bitcoin. As it continues to rise in value, more people are looking to buy in. If you’re thinking about investing in Bitcoin, it’s important to know the best ways to buy it. In this guide, we’ll show you the top methods and platforms for buying Bitcoin, so you can make the best choice for your investment. Sign Up With Bitget Today and Claim Your $200 Welcome Gift! Is Now the Right Time to Buy Bitcoin? 4 Reasons Why It Is Bitcoin’s market value has recently reached $2 trillion, which is huge. To give you some perspective, this puts Bitcoin on the same level as big companies like Google and Amazon, whose market caps are around $2.2 trillion. Even Microsoft, one of the biggest companies in the world, is valued at $3 trillion. Bitcoin’s value is quickly growing, and many investors see it as a strong asset for the future. So, why is now a great time to buy Bitcoin? Let’s look at some key reasons: 1. Rising Adoption Bitcoin is becoming more popular, not just with regular people, but with big companies and investors too. Many major financial firms like BlackRock and Fidelity are now adding Bitcoin to their portfolios. In addition, the crypto-friendly policies under Donald Trump's presidency helped Bitcoin gain more trust, which is why more and more institutions are getting involved. 2. Increased Demand The demand for Bitcoin has never been higher. More businesses are accepting Bitcoin as payment, and more financial products like Bitcoin ETFs are being created to make investing in Bitcoin easier. As more people want to own Bitcoin, its price is going up, making now a great time to buy. 3. Limited Supply There will only ever be 21 million Bitcoin. This limited supply means Bitcoin is a deflationary asset—its value could keep rising as demand grows because, unlike regular money, Bitcoin cannot be printed or made more abundant. 4. Technological Advancements Bitcoin is no longer just something for tech enthusiasts. Thanks to developments like Bitcoin ETFs, decentralized finance (DeFi), and better security systems, it’s becoming easier and safer to buy, hold, and use Bitcoin. These changes are making Bitcoin more integrated into the global financial system, helping its value grow. With all these factors at play, Bitcoin is no longer just a trend. It’s a serious investment that continues to gain value, and now might be a great time to get involved. Trade Bitcoin (BTC) on Bitget Now! How to Buy Bitcoin: The 5 Best Ways If you’re ready to buy Bitcoin but don’t know where to start, don’t worry! There are several easy ways to buy Bitcoin, each with its own benefits. Whether you want to buy on an exchange, directly from others, or through an investment fund, here are the 5 best ways to buy Bitcoin: 1. crypto exchanges A crypto exchange is one of the easiest and most popular places to buy Bitcoin. Bitget is a great option for anyone looking to buy Bitcoin quickly and securely. The process is simple: just create an account, complete identity verification, deposit funds, and purchase Bitcoin You can buy Bitcoin directly with a credit or debit card, through third-party services, or use other convenient payment methods. Bitget also offers 0-fee events, so you can make your purchase without paying any extra charges. Trusted by over 45 million users, Bitget is committed to the safety of your assets. With a $300M USDT Protection Fund, a guaranteed 1:1 reserve ratio through Proof of Reserves, and over 90% of digital assets stored securely in offline, multi-signature cold wallets, you can buy and trade Bitcoin with confidence on Bitget. Feeling ready? Register now and explore the wonderful crypto world at Bitget! 2. Peer-to-Peer (P2P) Platforms If you want to buy Bitcoin directly from other people, P2P platforms are a great option. These platforms connect buyers and sellers and let you trade Bitcoin without needing a middleman. Some well-known P2P platforms are LocalBitcoins and Paxful. You can choose your price, payment method, and who you want to trade with. However, make sure to be cautious and use the platform's security features to avoid scams. 3. Bitcoin Investment Funds or ETFs For those who want exposure to Bitcoin without owning it directly, Bitcoin ETFs (Exchange-Traded Funds) are a great option. These funds let you invest in Bitcoin through traditional stock markets. Popular ones include BlackRock’s Bitcoin ETF and Fidelity’s Bitcoin ETF. This method is great for people who already invest in the stock market and want to add Bitcoin to their portfolio. 4. Bitcoin ATMs Yes, you can actually buy Bitcoin at some ATMs! Bitcoin ATMs allow you to exchange cash for Bitcoin, and they are available in many cities around the world. You can find one near you by using an online Bitcoin ATM map. Just remember, Bitcoin ATMs often charge higher fees than other methods, so it's good to check the costs before using them. 5. Bitcoin Wallets (for Storing Your Bitcoin Safely) Once you buy Bitcoin, it’s important to store it safely. A Bitcoin wallet helps you keep your Bitcoin secure. There are two main types of wallets: hot wallets (online) and cold wallets (offline). Hot wallets are convenient for everyday transactions, while cold wallets offer more security for long-term storage. If you're looking for a safe yet easy-to-use wallet, Bitget Wallet is a great choice. It allows you to send, receive, and swap Bitcoin (BTC) on different mainnets, and it gives you access to a wide variety of Bitcoin DApps, including DeFi, NFTs (Ordinals), GameFi, and more. Bitget Wallet is trusted by over 40 million users worldwide and is available on iOS, Android, and as a Google Chrome extension. It's designed for both beginners and experienced investors, making it simple to manage and trade Bitcoin securely. With Bitget Wallet, you can also buy Bitcoin with fiat currency using the OTC feature, and swap it for other tokens. Download Bitget Wallet today and explore the Bitcoin ecosystem with ease! Conclusion Whether you're a first-time investor or a seasoned crypto enthusiast, there are plenty of ways to buy Bitcoin in 2024. Crypto exchanges offer convenience, P2P platforms provide competitive pricing, and Bitcoin ETFs provide an easy way to gain exposure without dealing with private keys. Choosing the best platform depends on your experience level, your investment strategy, and your preference for control over your assets. Remember that Bitcoin is a volatile asset, and while it offers significant potential for growth, it's important to make well-informed decisions and only invest what you can afford to lose. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The Best Place to Buy Bitcoin: A Beginner’s Guide to Crypto Investing

Bitcoin has been making headlines worldwide, and for good reason. On November 23, 2024, Bitcoin soared to an all-time high of $99,523, and experts predict it’s just a matter of time before it breaks past $100,000. With the cryptocurrency market now valued at over $3.4 trillion, the world is watching Bitcoin’s historic rise. But what does this mean for everyday investors? If you’ve been thinking about buying Bitcoin, now might be the perfect time to get started. In this guide, we’ll explore why Bitcoin is worth considering, the factors driving its value, and the best place to buy Bitcoin safely and easily. 1. Why Bitcoin Is a Big Deal Bitcoin, often called “digital gold,” is more than just a currency—it’s a revolutionary technology. Launched in 2009, Bitcoin is the first decentralized digital currency, meaning it’s not controlled by any government or central bank. Instead, Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security. One of Bitcoin’s biggest appeals is its limited supply. There will only ever be 21 million bitcoins, making it a scarce asset. This scarcity, combined with growing demand, has contributed to its rise in value over the years. Bitcoin is also seen as a hedge against inflation, much like gold. Unlike traditional currencies that can be printed at will, Bitcoin’s supply is fixed, which makes it resistant to inflation. 2. Why Bitcoin’s Price Is Rising Bitcoin’s recent price surge is driven by several factors: Institutional Adoption: In 2024, major financial institutions like BlackRock and Fidelity began offering Bitcoin exchange-traded funds (ETFs), making it easier for everyday investors to gain exposure to Bitcoin. These ETFs have brought billions of dollars into the market, fueling demand and pushing up prices. Spot Bitcoin ETF Inflows: In November 2024 alone, U.S. spot Bitcoin ETFs recorded over $1 billion in net inflows. This unprecedented demand shows that institutional investors are betting big on Bitcoin’s future. Increased Retail Interest: As Bitcoin nears $100,000, more retail investors are jumping in, hoping to benefit from its growth. Stablecoin flows to exchanges hit a record $9.7 billion in recent weeks, highlighting the surge in buying activity. Supply and Demand Dynamics: With only a limited number of bitcoins available, the growing demand from both institutional and retail investors is creating a supply squeeze, further driving up prices. Bitcoin’s Strong November: Historically, November has been a strong month for Bitcoin, and 2024 is no exception. Bitcoin has gained over 40% this month, marking its largest-ever monthly candle. 3. Why You Should Buy Bitcoin If you’re wondering whether it’s too late to invest in Bitcoin, the answer is no. Here’s why: Long-Term Growth Potential: Bitcoin’s value has grown exponentially over the past decade, and experts believe it still has room to grow. Some predict that Bitcoin could surpass $110,000 in the coming months, making it an attractive investment for those willing to hold long-term. Hedge Against Inflation: With rising inflation worldwide, Bitcoin offers a way to preserve your wealth. Its fixed supply ensures that it remains immune to the devaluation faced by traditional currencies. Decentralized and Secure: Bitcoin’s blockchain technology makes it highly secure and resistant to manipulation. It operates independently of governments and banks, giving users full control over their assets. Increased Accessibility: Platforms like Bitget have made it easier than ever to buy, sell, and store Bitcoin. You no longer need to be a tech expert to invest in cryptocurrency. Diversification: Adding Bitcoin to your investment portfolio can provide diversification, reducing overall risk. As a unique asset class, Bitcoin often moves independently of traditional markets like stocks and bonds. When it comes to buying Bitcoin, choosing the right platform is crucial. Security, ease of use, and low fees are all important factors to consider. That’s where Bitget comes in. 4. Why Bitget Is the Best Choice Bitget is one of the world’s leading cryptocurrency exchanges, offering a safe and user-friendly platform for buying Bitcoin. Here’s what sets Bitget apart: Top-Tier Security: Bitget prioritizes the safety of its users’ funds. It employs advanced security measures such as two-factor authentication (2FA), biometric verification, and cold storage to protect assets. Additionally, Bitget has a comprehensive protection fund to cover any potential losses due to cyber incidents. Low Fees: Bitget charges some of the lowest trading fees in the industry, ensuring that you keep more of your what you earn. User-Friendly Interface: Whether you’re a beginner or an experienced trader, Bitget’s intuitive platform makes it easy to buy Bitcoin. The exchange offers clear navigation and helpful resources to guide new users. Flexible Payment Options: Bitget supports multiple payment methods, including bank transfers, credit/debit cards, and stablecoins, making it accessible to users worldwide. Community Trust: Bitget is known for its strong reputation and excellent customer service. The platform engages with its community through educational resources, 24/7 multilingual support, and regular updates. Proof-of-Reserves: Transparency is a cornerstone of Bitget’s operations. The platform regularly audits its reserves to ensure that users’ funds are fully backed. 5. How to Get Started on Bitget Buying Bitcoin on Bitget is simple. Here’s a step-by-step guide: Create an Account: Sign up on Bitget’s website or mobile app. The registration process is quick and straightforward. Verify Your Identity: Complete the KYC (Know Your Customer) process by submitting a government-issued ID. This step ensures compliance with regulations and enhances security. Deposit Funds: Add funds to your Bitget account using your preferred payment method. Buy Bitcoin: Navigate to the Bitcoin trading pair and place your order. You can choose between market orders (buying at the current price) and limit orders (buying at a specific price). Secure Your Investment: Once you’ve purchased Bitcoin, rest assured that your assets are protected by Bitget. The exchange supports non-custodial wallets, giving you full control over your assets. 6. Final Thoughts Bitcoin’s journey to $100,000 is a testament to its resilience and growing adoption. As the world’s first decentralized digital currency, Bitcoin has established itself as a reliable store of value and a hedge against inflation. If you’re looking to invest in Bitcoin, there’s no better time than now. Platforms like Bitget make it easier than ever to enter the world of cryptocurrency. With its top-notch security, low fees, and user-friendly features, Bitget is the best place to buy Bitcoin. Remember, investing in Bitcoin carries risks, and prices can be volatile. However, with careful planning and a long-term perspective, Bitcoin can be a valuable addition to your investment portfolio. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

How to Buy the Bitcoin ETFs

The crypto market has experienced a new uptrend following the U.S. Securities and Exchange Commission (SEC) approval of a spot Bitcoin ETF in January 2024. Bitcoin ETFs offer investors an easy way to invest in Bitcoin without the need for buyers to hold or store cryptocurrency themselves, much like gold ETFs. This provides seamless access to Bitcoin for ordinary investors and presents a great opportunity to enter the market without relying on exchanges or digital wallets. Bitcoin is now more accessible than ever. Before diving into investment, this article will guide you on where and how to buy Bitcoin ETFs. Where to buy spot Bitcoin ETFs Spot Bitcoin ETFs are now available on various online brokerage platforms and robo-advisory services. However, when choosing a Bitcoin ETF, it's essential to consider the associated fees. Some issuers are offering fee discounts to attract investors. For example, the VanEck Bitcoin ETF (HODL) is waiving its fees until March 31, 2025, or until its assets under management (AUM) reach $1.5 billion. It's important to note that such fee discounts are temporary, and primarily aimed at attracting new investors. All Bitcoin ETFs are as follows: Source: Farside These spot Bitcoin ETFs track cryptocurrency prices on a one-to-one basis. This means if Bitcoin rises by 1%, the ETF's value will rise by the same percentage. Therefore, the primary differentiator between different ETFs will be their fee structures. Some ETFs may charge a 0% fee initially to attract capital inflows, with the fee likely to increase once certain asset thresholds are met or the initial promotional period ends. Despite this, Bitcoin ETFs still tend to have relatively low fees compared to traditional financial asset ETFs, typically ranging from 0.15% to 0.25%. The lower fee structure could attract investors from traditional markets as well. How to buy spot Bitcoin ETFs Buying a spot Bitcoin ETF is straightforward and can usually be done in under 30 minutes. Here's a step-by-step guide: 1. Open a brokerage account: Choose a brokerage that offers spot Bitcoin ETFs and open an online account. 2. Deposit or transfer funds: Most platforms allow you to deposit/transfer funds from a bank account or another brokerage. Ensure you have sufficient funds to cover the ETF shares, any associated fees, and commissions. 3. Explore available Bitcoin ETFs: Look for ETFs with high trading volumes and a substantial AUM. There are currently 11 Bitcoin ETFs approved by the SEC. Also, check the reputation of the issuer and the other assets the ETF holds. 4. Choose a Bitcoin ETF: Brokerage firms typically offer multiple ETF options. Compare their fees and select one that aligns with your budget and investment goals. 5. Place your order: Once you've selected an ETF, you can place an order. You can choose between a market order (to buy the ETF instantly) or a limit order (to execute at a specific price). 6. Monitor your investment: Keep track of your Bitcoin ETF's performance by following the Bitcoin price and any relevant market news, as Bitcoin's volatility can significantly affect ETF performance. The advantages of spot Bitcoin ETFs Spot Bitcoin ETFs provide a convenient, regulated way for individuals and institutions to invest in Bitcoin without having to hold the cryptocurrency directly. Key advantages include: ● Convenience: Spot Bitcoin ETFs can be traded on traditional exchanges, making them more accessible to investors. You don't need to set up a cryptocurrency exchange account or worry about wallet security. ● Liquidity: Bitcoin ETFs bring additional liquidity to the Bitcoin market, benefiting investors by narrowing spreads and increasing capital inflows. ● Regulatory oversight: Spot Bitcoin ETFs are more regulated than direct cryptocurrency holdings, providing an added layer of security for investors. ● Tax efficiency: Tax treatment of Bitcoin ETFs varies by country, but in many jurisdictions, they are treated as other assets. In the U.S., for example, holding a Bitcoin ETF for more than a year may result in more favorable tax treatment compared to holding Bitcoin directly. Conclusion The approval of spot Bitcoin ETFs has made it easier and more affordable for investors to enter the cryptocurrency market through traditional brokers. These ETFs are likely to increase Bitcoin's recognition as a store of value and further drive its price appreciation. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

241114: Bitcoin Hits New All-Time High of $93K as U.S. Demand Soars

Bitcoin reached a record high of over $93,000 on Nov. 13, driven by surging demand from U.S. investors. This price increase began as U.S. markets opened, suggesting that American buyers played a major role. Notably, Bitcoin’s Coinbase Premium Index, which measures U.S. buying pressure, hit its highest level since April. Additionally, BlackRock’s iShares Bitcoin ETF (IBIT) saw substantial activity, ranking as the fourth most-traded ETF with $1.2 billion in volume within the first hour of trading. Analysts highlighted that this rally was primarily spot-driven, meaning that the buying pressure came from direct purchases rather than futures trading. This pattern points to sustained demand, as spot cumulative volume delta (CVD) showed a strong net buying trend correlated with the price jump. By mid-day, Bitcoin traded around $92,200, up nearly 7% over the past 24 hours, while Ethereum and Solana saw more modest gains. Source: CoinDesk Futures Market Updates In the past 24 hours, BTC futures saw a notable increase in open interest (+2.92%) to $54.78B, while ETH open interest slightly declined (-0.42%) to $17.62B, indicating greater engagement in BTC contracts than in ETH. BTC's 24-hour trading volume dipped only marginally (-0.42%), contrasting with a sharper drop in ETH trading volume (-15.77%), suggesting a stronger momentum for BTC in recent trading activity. BTC also experienced higher total liquidations compared to ETH, with $114.29M in long positions and $133.77M in short positions, while ETH liquidations were $68.85M (long) and $35.30M (short), reflecting more volatility in BTC. Both BTC and ETH futures show a nearly balanced long/short ratio, though ETH has a slight short bias. Lastly, funding rates for both remain positive but low, with BTC at 0.0192% and ETH at 0.0173%, indicating modest bullish sentiment across both assets. BTC Futures Updates Total BTC Open Interest: $54.78B (+2.92%) BTC Volume (24H): $188.90B (-0.42%) BTC Liquidations (24H): $114.29M (Long)/$133.77M (Short) Long/Short Ratio: 49.91%/50.09% Funding Rate: 0.0192% Ether Futures Updates Total ETH Open Interest: $17.62B (-0.42%) ETH Volume (24H): $68.42B (-15.77%) ETH Liquidations (24H): $68.85M (Long)/$35.30M (Short) Long/Short Ratio: 48.64%/51.36% Funding Rate: 0.0173% Top 3 OI Surges FWOG: $6.77M (+196.70%) PNUT: $303.78M (+187.29%) WEN: $8.29K (+173.04%)