With more mainstream popularity than ever, many new people are interested in acquiring some Bitcoin. But many of the crypto-curious still view buying Bitcoin from a crypto exchange as an intimidating and opaque process. The technical aspects of holding Bitcoin—such as crypto wallets, Bitcoin addresses and private keys—are confusing to newcomers, and scare some investors away.
All of this has intensified the appeal of a Bitcoin ETF, or exchange-traded fund. Major financial institutions like Blackrock, Fidelity, and Invesco have applied with the U.S. Securities and Exchange Commission (SEC) to launch ETFs.
