The SEC classifies ETFs as securities and can track the movement of an investment, a commodity such as Bitcoin, gold or stocks. Bitcoin ETFs will move according to the price of Bitcoin without having to physically own Bitcoin itself, but Bitcoin ETFs are not traded on crypto exchanges but are traded on stock exchanges such as the NYSE, TSX and NASDAQ. If the price of Bitcoin on the crypto exchange rises then the price of the Btc ETF also rises and vice versa.
The types of Bitcoin ETFs that are best known to the public are Spot and Futures. In a Bitcoin Spot ETF where investors hold shares as a representative of a number of Bitcoins. Meanwhile, the Bitcoin Futures ETF is a transaction or buying and selling of Bitcoin based on a contract to promise to buy or sell BTC in the future. This transaction is not a physical Bitcoin but only a contract transaction.
The types of Bitcoin ETFs that are best known to the public are Spot and Futures. In a Bitcoin Spot ETF where investors hold shares as a representative of a number of Bitcoins. Meanwhile, the Bitcoin Futures ETF is a transaction or buying and selling of Bitcoin based on a contract to promise to buy or sell BTC in the future. This transaction is not a physical Bitcoin but only a contract transaction.