Bitcoin has come a long way since its inception in 2009 as an obscure cryptocurrency used on the dark web. What began as an experimental digital asset built on a decentralized peer-to-peer payment network has rapidly gained mainstream adoption and recognition in recent years.
Major financial players like banks, investment firms, and now even the country of El Salvador have embraced Bitcoin as a legitimate store of value and means of payment. Price volatility and speculation remain high, but increased regulation and infrastructure around Bitcoin point to a maturing market.
Within traditional finance, exchange-traded funds (ETFs) have become a standard way for everyday investors to gain exposure to asset classes like stocks, commodities, and precious metals. As Bitcoin’s credibility grows, it is only natural for the conversation to turn to a Bitcoin-backed exchange-traded fund. But what exactly is a Bitcoin ETF and why…