Spot Btc

Definition ∞ Spot BTC refers to actual Bitcoin held and traded for immediate delivery at its current market price. This contrasts with derivatives like futures or options, where contracts are based on Bitcoin’s price but do not involve the direct exchange of the underlying asset. Trading spot BTC means buyers receive the Bitcoin directly into their wallets, and sellers deliver it immediately. It represents the most direct form of ownership and exchange for the digital asset.
Context ∞ News often differentiates between spot BTC markets and derivative markets, particularly when discussing institutional adoption or regulatory developments. The approval of spot Bitcoin exchange-traded funds, for example, is a significant event that directly impacts the accessibility and demand for actual Bitcoin. The current discourse frequently analyzes the interplay between spot market liquidity and derivative market activity.