December 24, 2024

Rise To Thrive

Investing guide, latest news & videos!

Top five blockchain ETFs that returned over 100% in 2023: Data

1 min read
Top five blockchain ETFs that returned over 100% in 2023: Data

As the cryptocurrency community has been focused on the potential approval of a spot Bitcoin (

Many companies that have seen success with their blockchain industry-themed ETFs in 2023 — including VanEck, Bitwise and Global X — are also seeking to launch a spot Bitcoin ETF.

Unlike blockchain industry-themed ETFs such as DAPP and BKCH, a spot Bitcoin ETF aims to offer direct exposure to the price of Bitcoin, as it would hold the actual cryptocurrency.

In another effort to get its spot Bitcoin ETF filing approved by the U.S. Securities and Exchange Commission (SEC), VanEck filed a fifth amended application for a spot Bitcoin ETF on Dec. 8. According to Bitwise, a spot Bitcoin ETF will be approved in 2024 and will become the “most successful ETF launch of all time.”

Magazine: Lawmakers’ fear and doubt drives proposed crypto regulations in US