Bitcoin ETF and bitcoin Trust, are there similar?

At this beginning of the week, I would like to talk about what has been talked about so much in recent days.

In fact, my last article already advanced on it. But I want to go deeper since we are at a very important moment for the crypto world, and of course, also for blockchain technology.

Blockchains will live with us forever, something that many are still unaware of, for all kinds of services related to everything. Even for your own investment.


ETF stands for Exchange-Traded Fund, which is a type of investment fund and exchange-traded product.

Many people will say the ETF and the Trust are similar — they are correct.

The products are technically different, especially around regulatory approvals, but the end result for investors are similar.

Let’s also see what each one is.

ETF stands for Exchange-Traded Fund, which is a type of investment fund and exchange-traded product.

GBTC is a trust. You can’t redeem from the fund. BlackRock is a trust, but you can redeem it appears.

GBTC refers to the Grayscale Bitcoin Trust. It is a trust created by Grayscale Investments, a digital asset management firm, to provide investors with exposure to Bitcoin (BTC) without the need to directly hold or manage the cryptocurrency themselves.

The Grayscale Bitcoin Trust operates by holding a significant amount of Bitcoin and issuing shares of the trust to investors. Each share of GBTC represents a specific amount of Bitcoin. Investors can buy and sell these shares on the OTCQX market, typically through brokerage accounts.

The biggest development would be for a true Bitcoin Spot ETF to be put forward and approved by the SEC.

If the SEC approves the application, the fund would be listed on the Nasdaq stock market, making it the first publicly traded spot bitcoin ETF in the US.

We won’t know because this is not an ETF. I don’t think BlackRock files without having confidence it will be approved as trust. But about EFT Every day we are closer.

Until that day arrives, will it be possible to invest in funds that, in one way or another, could really be referenced to bitcoin, at least partially?