Definition ∞ Bitcoin Spot ETFs are exchange-traded funds that directly hold Bitcoin as their underlying asset. These financial products allow investors to gain exposure to Bitcoin’s price movements without directly owning or storing the cryptocurrency. They trade on traditional stock exchanges, offering a regulated and accessible investment vehicle. Their structure aims to mirror Bitcoin’s market value closely.
Context ∞ The approval and introduction of Bitcoin Spot ETFs in various jurisdictions represent a significant development for the digital asset sector. This event has the potential to attract a broader range of institutional and retail investors seeking regulated exposure to Bitcoin. News surrounding these ETFs often discusses regulatory hurdles, market liquidity impacts, and their role in integrating cryptocurrencies into conventional financial systems.