Investing in Bitcoin with ETFs!

Discover the options available on the market for investing in Bitcoin with ETFs.

Reading Time: 2 minutes         Financial activity: Investing          Knowledge level: Beginner

Summary

The SEC approved spot Bitcoin ETFs

What is the ISIN code?

What is the CUSIP code?

Conclusions

The SEC approved spot Bitcoin ETFs

The Securities and Exchange Commission (SEC), the US federal body responsible for supervising the financial markets, recently approved spot Bitcoin Exchange Traded Funds (ETFs), allowing the public to access the world of digital assets.

Most of them refer to physical Bitcoin held by trusted platforms, with Coinbase as the primary custodian.

The SEC has approved 11 Bitcoin ETF proposals, allowing investors to purchase shares in funds that hold cryptocurrencies without the need to directly own Bitcoin or manage digital wallets.

Approved ETFs include products from important asset managers such as 21Shares, ARK Investment Management, Bitwise Asset Management, BlackRock, Fidelity Investments, Franklin Templeton, Grayscale Investments, Hashdex, Invesco, Galaxy, Valkyrie, VanEck and WisdomTree.

Listed below are the approved Bitcoin ETFs with their respective tickers (in brackets) and codes:

• ARK 21Shares Bitcoin ETF (ARKB) – ISIN: US0409191022 | CUSIP: 409191022
• Bitwise Bitcoin ETF (BITB) – ISIN: US09174C1040 | CUSIP: 09174C104
• Fidelity Wise Origin Bitcoin Fund (FBTC) – ISIN: US3159481098 | CUSIP: 315948109
• Franklin Bitcoin ETF (EZBC) – ISIN: US3549211080 | CUSIP: 354921108
• Grayscale Bitcoin Trust ETF (GBTC) – ISIN: US3896371099 | CUSIP: 389637109
• Hashdex Bitcoin Futures ETF (DEFI) – ISIN: US88634V1008 | CUSIP: 88634V100
• Invesco Galaxy Bitcoin ETF (BTCO) – ISIN: US46091J1016 | CUSIP: 46091J101
• iShares Bitcoin Trust (IBIT) – ISIN: US46438F1012 | CUSIP: 46438F101
• Valkyrie Bitcoin Fund (BRRR) – ISIN: US91917A1088 | CUSIP: 91916J100
• VanEck Bitcoin Trust (HODL) – ISIN: US92189K1051 | CUSIP: 92189K105
• WisdomTree Bitcoin Fund (BTCW) – ISIN: US97720F1012 | CUSIP: 97720F101

Attention: annual fees vary from a minimum of 0.20% to a maximum of 1.5%.

Some useful indications:

What is the ISIN code?

The ISIN code is an international code that uniquely identifies financial instruments. The structure of the code and the rules for its assignment are established by the ISO (International Organization for Standardization) in the ISO 6166 standard.

ISO has delegated the management and maintenance of the 6166 standard to the Association of National Numbering Agencies (ANNA), an international association of financial bodies and institutions that carry out coding agency activities locally.

What is the CUSIP code?

CUSIP is the acronym for "Committee on Uniform Securities Identification Procedures", a unique code composed of six alphanumeric characters, published in North America, which allows the identification of securities such as the share classes of the Morgan Stanley Investment Funds sub-funds.

Conclusions

The SEC's approval of Bitcoin ETFs opens a new era.

Now Bitcoins are finally an officially recognized financial instrument that everyone can access easily.

A sincere wish of good work to all!

Written by F. GRAMOLA (*).

(*) Member of S.I.A.T., the Italian Society of Technical Analysis (member society of I.F.T.A. – International Federation of Technical Analysts).

Warning

We merely cite our personal opinions for educational purposes only.

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