Spot ETF Holdings

Definition ∞ Spot ETF Holdings are the actual physical digital assets, such as Bitcoin or Ethereum, that are directly held by a spot Exchange-Traded Fund. These holdings serve as the direct backing for the ETF shares issued to investors. They provide a transparent and verifiable link to the underlying asset. This direct ownership is a key feature of spot ETFs.
Context ∞ Spot ETF holdings are a critical metric for assessing the legitimacy and market impact of newly launched digital asset ETFs. News reports regularly track changes in these holdings, as they indicate institutional demand and capital inflows into the cryptocurrency market, influencing price discovery and market liquidity. This metric provides transparency into institutional adoption.