Spot Market Access

Definition ∞ Spot market access provides individuals and institutions with the ability to directly purchase or sell digital assets for immediate delivery at the current market price. This differs from derivatives markets, where contracts for future delivery are traded. Access typically occurs through cryptocurrency exchanges or brokerages that facilitate direct ownership of the underlying assets. It is fundamental for direct investment and liquidity provision.
Context ∞ News often covers regulatory decisions and product launches that expand or restrict spot market access for digital assets, particularly for institutional investors. The approval of spot Bitcoin ETFs, for instance, significantly broadens the avenues for traditional investors to gain direct exposure. Debates frequently concern the security, liquidity, and regulatory oversight of platforms offering spot market access.