ETF to provide investors with exposure to Bitcoin futures. The ProShares Bitcoin Strategy ETF ( BITO, $24.91), which launched on Oct. Here are 18 Bitcoin ETFs and other cryptocurrency funds available to investors today. This includes the Bitcoin futures ETFs, but the majority of these products either deal in equities that are somehow involved with cryptocurrencies, or in other types of exposure that have their own twists and turns. Meanwhile, fund providers have been adding even more products to the heap, so Wall Street is flush with crypto-focused investment options.
further on the path to crypto regulation and could bring the asset class even closer to the mainstream. Still, digital currencies should see no dearth of interest, especially after President Joe Biden's recent cryptocurrency executive order, which puts the U.S. In November, the commission rejected a VanEck spot Bitcoin ETF, and as recently as March 2022, it shot down offerings by NYDIG and Global X. Thus, ETFs that directly hold cryptocurrencies appear off the table (for now). However, the launch of BITO and a second Bitcoin futures ETF in October suggested the SEC was perhaps also coming around to the idea of U.S.-listed ETFs holding "physical" Bitcoin. SEC Chair Gary Gensler has said in the past that he would prefer to see funds holding Bitcoin futures rather than the cryptocurrency itself. As early as 2013, the Winklevoss twins, founders of the Gemini cryptocurrency exchange, looked to start a Bitcoin ETF but were unsuccessful. That step was a long time in the making, too. "This is a milestone for the ETF industry," Todd Rosenbluth, head of ETF and mutual fund research for independent investment analysis outfit CFRA, said at the time.
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