Over the past few years, cryptocurrencies like Bitcoin and Ethereum have gained popularity. Now a new trend is bringing large financial players – such as pension funds, banks, and hedge funds – into the crypto market: crypto ETFs (exchange-traded funds). Crypto ETFs let investors buy shares that track crypto prices on traditional stock exchanges. This “wrapper” makes crypto familiar and accessible to institutional investors. In January 2024 the U.S. SEC approved 11 Bitcoin ETFs from major firms (BlackRock, Fidelity, Ark, etc.), and in mid-2024 the first Ethereum ETFs followed. As a result, Bitcoin and Ethereum can now be bought via regulated funds, unlocking them for large investors who were previously on the sidelines.
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