Web Trader MT5
An exchange-traded fund that tracks the price of Bitcoin, allowing investors to gain BTC exposure through a regular brokerage account without dealing with crypto wallets, exchanges, or self-custody. The first US spot Bitcoin ETFs were approved by the SEC on 10 January 2024 after years of regulatory delays; earlier futures-based ETFs had been approved in 2021, but spot ETFs hold actual Bitcoin rather than derivative contracts.
The approval triggered massive inflows. BlackRock’s IBIT, Fidelity’s FBTC, and a handful of others competed aggressively on fees, and within months the cohort had collectively absorbed tens of billions of dollars, reshaping Bitcoin’s investor base toward institutions and retirement accounts.
Example: A US investor who wanted Bitcoin exposure pre-2024 had to navigate Coinbase or similar platforms, manage private keys, worry about exchange solvency, and handle the tax reporting themselves. Post-ETF, the same exposure is available with one click in any brokerage account, with familiar tax forms and no custody questions.
