Understanding Spot Bitcoin ETFs

What is a key difference between Spot Bitcoin ETFs and previous Bitcoin investment methods?

• Spot ETFs are not approved by the SEC.

• Spot ETFs provide direct ownership of Bitcoin.

• Spot ETFs require mining Bitcoin.

• Spot ETFs are only available to institutional investors.

Which of the following is a pro of Spot Bitcoin ETFs?

• They have no management fees.

• They increase market volatility.

• They allow for institutional adoption.

• They eliminate all risks associated with Bitcoin.

Why might institutional investors prefer Spot Bitcoin ETFs?

• They want to manage private keys.

• They prefer unregulated markets.

• They seek SEC-approved investments.

• They are interested in mining Bitcoin.

What is a major con of investing in Spot Bitcoin ETFs?

• They offer direct ownership of Bitcoin.

• They are decentralized.

• They involve counterparty risk.

• They have no expense ratios.

What is a potential risk if a Bitcoin ETF's custodian goes bankrupt?

• Investors gain more Bitcoin.

• Investors face no financial impact.

• Investors may lose their assets.

• Investors receive a government bailout.

What happens if Bitcoin undergoes a fork while holding a Bitcoin ETF?

• ETF holders lose all their Bitcoin.

• ETF holders do not benefit from the fork.

• ETF holders gain additional shares.

• ETF holders receive the new currency.

Which custodian is used by the majority of Spot Bitcoin ETFs discussed?

• Coinbase

• Grayscale

• Gemini

• Fidelity

What is the recommended Spot Bitcoin ETF based on the video?

• Grayscale Bitcoin ETF

• VanEck Bitcoin ETF

• Hashdex Bitcoin ETF

• Fidelity Bitcoin ETF

Which ETF has the lowest expense ratio according to the video?

• Hashdex Bitcoin ETF

• VanEck Bitcoin ETF

• Grayscale Bitcoin ETF

• Fidelity Bitcoin ETF

What is a benefit of Fidelity's approach to their Bitcoin ETF?

• They have a high expense ratio.

• They use an external custodian.

• They own and store their own Bitcoins.

• They are a new company with no track record.