Spot bitcoin ETFs: What you need to know

In January 2024, the US Securities and Exchange Commission (SEC) approved the first spot Bitcoin ETFs — short for exchange-traded funds. This means you can get exposure to Bitcoin's price through traditional brokerages and trading platforms.

The first application for a spot Bitcoin ETF was filed in 2013 by the Winklevoss twins — owners of the Gemini crypto exchange. More than a decade later, in January 2024, spot Bitcoin ETFs were approved, and you may be able to start purchasing shares.

How to buy spot Bitcoin ETFs

US-listed spot Bitcoin ETFs are available to Australian investors through a number of different brokers and trading platforms, and several Bitcoin ETFs also trade on the ASX.

Which spot Bitcoin ETF should you buy?

Fees are one of the main differences between these funds, so compare each ETF's current ongoing annual fee on the issuer's website before you buy.

The following are some of the US-listed spot Bitcoin ETFs and their stock tickers:

• Bitwise Bitcoin ETF (BITB)
• ARK 21Shares Bitcoin ETF (ARKB)
• Fidelity Wise Origin Bitcoin Fund (FBTC)
• WisdomTree Bitcoin Fund (BTCW)
• Invesco Galaxy Bitcoin ETF (BTCO)
• CoinShares Bitcoin ETF (BRRR), formerly the Valkyrie Bitcoin Fund
• BlackRock iShares Bitcoin Trust ETF (IBIT)
• VanEck Bitcoin ETF (HODL)
• Franklin Bitcoin ETF (EZBC)
• Grayscale Bitcoin Mini Trust ETF (BTC)
• Grayscale Bitcoin Trust ETF (GBTC)

1 of 1 result

Deposit methods	Fiat currencies	Trading fees	Cryptocurrencies	Trading features	Disclaimer
eToro Crypto	Bank transfer, Credit card, Cryptocurrency, Debit card	27	Maker: 1.00% Taker: 1.00%	180	Trading API, Charting tools, Recurring buy	$150 Reward Finder Rewards: Join Finder then sign up as a new eToro customer through Finder, deposit at least $300 and complete a trade within 60 days of account opening to receive a $150 digital Visa gift card. Ends 31 Dec 2026. T&Cs apply. Bonus offer: Get 5% in stocks on monthly transfers up to $1,000. Offer ends 31 Dec 2026. T&Cs apply.	Go to site View details Compare product selection Compare	loading

loading

Load More

Showing 1 of 1 result

Compare other products

Looking for other options? Check out these similar products.

How we picked these

Are there Bitcoin ETFs on the ASX?

Yes. Bitcoin ETFs now trade on the Australian Securities Exchange (ASX), including the VanEck Bitcoin ETF (VBTC), listed in June 2024, the Betashares Bitcoin ETF (QBTC), listed in February 2025, and the iShares Bitcoin ETF (IBIT), listed in November 2025.

Find out more about buying Bitcoin ETFs.

What might the spot Bitcoin ETFs do for Bitcoin's price?

Since some refer to Bitcoin as "Gold 2.0," let's look at what happened to the price of gold in the years that followed the first gold ETF coming to market in March 2003.

As you can see on the chart below, the price of gold (XAU) skyrocketed from about $US250/ounce to over $US1,750/ounce in the nine years after the first gold ETF's launch.

If Bitcoin makes a comparable move in the next nine years, we'll see its price at $US245,000 by 2032.

However, it's also possible that we see Bitcoin's price go much higher than that by 2032, as gold had been around for 5,000 years as money and a store of value before a spot gold ETF existed, while Bitcoin has only been around for about 15 years.

Given that Bitcoin adoption around the world is in its early stages, the price of Bitcoin after the issuance of a spot Bitcoin ETF may increase even faster than the price of gold did post the issuance of the first spot gold ETF.

This may be why Jurrien Timmer, Director of Global Macro at Fidelity, recently referred to Bitcoin as "exponential gold."

Exponential Gold

If Bitcoin's price increases at twice the rate at which gold's price did, then Bitcoin's price would rise to $490,000 by 2032. If it increases three times the rate, we'll see it at $US735,000 by 2032. And if it increases at six times the rate, we'll see it at just under $US1.5 million per coin, which is the price that ARK Invest CEO Cathie Wood thinks it will reach by 2030.

Keep in mind that Bitcoin's price isn't guaranteed to increase more than gold's did (or even as much as gold's did) in the wake of the issuance of a spot ETF. But if Bitcoin does continue to be adopted more broadly as both money and a store of value and major financial institutions offer exposure to it in the form of an ETF, Bitcoin's price will likely increase significantly in the coming years.

Frequently Asked Questions

• Is there a bitcoin ETF in Australia?

  Yes, there are several Bitcoin ETFs available globally, including in Canada and Europe. In Australia, Bitcoin ETFs trade on the ASX, including the VanEck Bitcoin ETF (VBTC), Betashares Bitcoin ETF (QBTC) and iShares Bitcoin ETF (IBIT), which provide exposure to Bitcoin without directly holding the asset.

• Does crypto have ETF?

  Yes, cryptocurrency ETFs exist and offer investors exposure to digital assets like Bitcoin and Ethereum without directly holding them. These ETFs track the price of specific cryptocurrencies or a basket of cryptocurrencies, providing a simplified way for investors to access the crypto market.

• How to invest in bitcoin in Australia?

  To invest in Bitcoin in Australia, you can purchase it directly through cryptocurrency exchanges like CoinSpot, Swyftx, or Binance. Alternatively, you can invest in a Bitcoin ETF or crypto-related stocks, or use platforms like Raiz or Spaceship, which offer crypto-related investment options.

• Does Vanguard have a bitcoin ETF?

  As of the time of writing, Vanguard does not offer a Bitcoin ETF. Vanguard has remained cautious about cryptocurrency investments and prefers to focus on traditional asset classes. Investors interested in Bitcoin ETFs may explore other providers such as VanEck, Betashares or iShares.

• How do I buy bitcoin ETF shares?

  To buy Bitcoin ETF shares, you can open an account with a brokerage platform that offers ETF trading, such as CommSec, SelfWealth, or Totality (formerly Saxo). Once your account is set up, search for the Bitcoin ETF you want to invest in (e.g., the VanEck Bitcoin ETF, ASX: VBTC) and place an order to purchase shares.

Written by

Frank Corva

Senior Analyst

Add to Preferred Sources

Frank is a cryptocurrency expert whose work aims to simplify the complexities of this evolving space for a broad audience. His byline has appeared in Forbes and Bitcoin Magazine. Frank holds multiple advanced degrees, including an MBA in Finance from Pace University and a Master of Social Work from Hunter College. Frank was a Cryptocurrency Writer at Finder from 2022 to 2024. See full bio