The US spot Bitcoin ETF market launched in January 2024 after the SEC approved the first eleven applications simultaneously. Every fund on this page holds physical Bitcoin (custodied off-exchange) rather than futures contracts, options, or mining-equity exposure.
The roster below is drawn from active SEC filings — it includes only funds with reported assets under management, so dormant or paper-only registrations are excluded. Fees are read from each fund's most recent prospectus filing.
Bitcoin spot ETFs (12 trading)
| Fund | Ticker | Sponsor fee | AUM (USD) | Trading since |
|---|---|---|---|---|
| iShares Bitcoin Trust ETF | IBIT | 0.25% | $53,396,223,856 | 2024 |
| Fidelity Wise Origin Bitcoin Fund | FBTC | 0.25% | $12,818,199,000 | 2024 |
| Grayscale Bitcoin Trust ETF | GBTC | 1.5% | $10,489,739,000 | 2024 |
| Grayscale Bitcoin Mini Trust ETF | BTC | 0.15% | $3,503,705,000 | 2024 |
| Bitwise Bitcoin ETF | BITB | 0.20% | $2,549,527,000 | 2023 |
| Ark 21Shares Bitcoin ETF | ARKB | 0.21% | $2,388,764,000 | 2024 |
| VanEck Bitcoin ETF | HODL | 0.20% | $2,039,322,369 | 2024 |
| Invesco Galaxy Bitcoin ETF | BTCO | 0.25% | $457,292,716 | 2024 |
| Franklin Templeton Digital Holdings Trust | EZBC | 0.19% | $452,356,258 | 2024 |
| CoinShares Bitcoin ETF | BRRR | 0.25% | $429,823,599 | 2024 |
| WisdomTree Bitcoin Fund | BTCW | 0.25% | $147,304,068 | 2024 |
| Osprey Bitcoin Trust | OBTC | — | $64,191,193 | 2025 |
What counts as a "spot" Bitcoin ETF?
A spot Bitcoin ETF holds the underlying cryptocurrency directly, typically through a regulated custodian (Coinbase Custody, BitGo, Anchorage, Fidelity Digital Assets). Each share represents a proportional claim on the Bitcoin held by the trust.
These are not spot Bitcoin ETFs and are out of scope for this page and for Crypto ETF Sentinel as a whole:
- Bitcoin futures ETFs (e.g. BITO, BTF) — hold CME futures contracts, not Bitcoin itself. Subject to roll costs.
- Leveraged or inverse products — daily-reset structures with significant decay over multi-day holding periods.
- Mining-equity ETFs (e.g. WGMI, BITQ) — hold shares in Bitcoin miners, not Bitcoin.
- Bitcoin options strategies — covered-call or buffered structures wrapped around spot Bitcoin or futures.
How the SEC approved the first batch
The Bitcoin spot ETF approval came after a decade-long rejection cycle. In Grayscale Investments v. SEC (DC Circuit, August 2023) the court ruled the SEC had acted arbitrarily by approving Bitcoin futures ETFs while denying spot products with materially similar surveillance arrangements. The SEC subsequently approved eleven spot Bitcoin ETF applications on 10 January 2024.
Where to track new Bitcoin ETF filings
Crypto ETF Sentinel tracks every SEC filing related to spot Bitcoin ETFs in real time, including comment-letter correspondence and amendment activity. The full filing universe — over 3,000 documents across 105+ issuers and 34 cryptocurrencies — is searchable via REST API and the Terminal dashboard.
See also: Ethereum spot ETFs · Crypto ETF fee comparison · Recent crypto ETF filings
Need the full pipeline?
This page shows the trading-status universe. The full SEC pipeline — including pre-trading filers, S-1 review cohorts, and approval-stage signals — is in the Terminal and via API.
Open Terminal Explore API