Saturday, April 20, 2024

Bitcoin ETFs will begin trading for the first time today. Here are the tickers to watch

by Associated Press

The U.S. for the first time has given the greenlight to almost a dozen exchange traded funds for bitcoins. ETFs give every day investors a way to get in on trading in oil, gold, corporate bonds and now bitcoin without actually having to own a bar of gold, a barrel of oil, or a bitcoin. That means you don’t have to find a place to store them. These funds closely track the price of bitcoin and provide an entry for smaller investors into the cryptocurrency, which now cost more than $47,000 each. Following is a list of bitcoin ETFs and their tickers that will begin trading Thursday.

Ark 21Shares: ARKB

Bitwise: BITB

BlackRock: IBIT

Fidelity: FBTC

Franklin Templeton: EZBC

Grayscale: GBTC

Hashdex: DEFI

Invesco Galaxy: BTCO

Valkyrie: BRRR

VanEck: HODL

WisdomTree: BTCW

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