Exchange-Traded Fund — a registered investment vehicle that holds an underlying asset and trades on traditional stock exchanges. Spot Bitcoin ETFs (approved Jan 2024) let allocators get BTC exposure through a brokerage account. Total spot BTC ETF AUM is $58B in 2026; spot ETH ETFs were approved in mid-2024. ETFs simplify access at the cost of intermediation fees.
ETF
Exchange-Traded Fund — a registered investment vehicle that holds an underlying asset and trades on traditional stock exchanges. Spot Bitcoin ETFs (approved Jan 2024) let allocators get BTC exposure through a brokerage account. Total spot BTC ETF AUM is $58B in 2026; spot ETH ETFs were approved in mid-2024. ETFs simplify access at the cost of intermediation fees.
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