A spot ETF holds the asset rather than derivatives of it, so its price tracks the market closely. The convenience is the point — exposure inside an account and a legal structure the investor already uses — and it is also the trade-off, because the holder owns a claim on the fund rather than coins they control.
Spot ETF
An exchange-traded fund that holds bitcoin itself, giving investors exposure through an ordinary brokerage account.
Also called: spot bitcoin ETF, exchange-traded fund
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UTXO
An unspent transaction output: a discrete chunk of bitcoin that a future transaction can consume.
Block
A batch of transactions, cryptographically chained to the one before it, added to the ledger roughly…
Cold storage
Keeping the keys that control bitcoin on a device that has never been connected to the…
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