Spot Crypto ETPs

Definition ∞ Spot Crypto ETPs are exchange-traded products that directly hold the underlying cryptocurrency, such as Bitcoin or Ethereum. These investment vehicles allow investors to gain exposure to the real-time price movements of digital assets without directly owning or managing the cryptocurrencies themselves. They are designed to track the spot market price of the digital asset. Regulatory approval for these products is a significant market development.
Context ∞ The approval and performance of spot crypto ETPs are consistently major news items in the digital asset and traditional finance sectors. Such products offer a regulated and accessible avenue for institutional and retail investors to gain crypto exposure. Regulatory bodies often weigh concerns about market manipulation and investor protection when considering their authorization.