Bitcoin ETF

Counted session by session: $56.94bn of net flow across 676 trading days, IBIT above the entire category in all three years, and a 2026 that has gone almost exactly nowhere.

We ran the Fed and CPI calendars against 676 sessions of our own Bitcoin ETF flow data. The FOMC effect is zero, the CPI effect is weak, and the dollar explains nothing.

IBIT's daily return correlates +0.43 with the S&P 500 over 567 sessions. The 30-day version of that number has run from -0.09 to +0.79, which is why almost every published figure is unreliable.

Every name that disclosed a Bitcoin ETF position for the March 2026 quarter, pulled from the SEC. Millennium leads at $1.0bn, Mubadala holds $566m, and Wisconsin holds nothing.

We pulled every Form 13F for the March 2026 quarter from the SEC. 2,023 managers reported Bitcoin ETF shares worth $19.6bn — and $14.7bn more that is options, not shares.

April 2024 was the first halving with spot ETFs running. ETF demand ran about 4.6x new issuance — and the cycle still returned 92%, against 688% last time.

A decade of denials, a vacated order, then an entire product category. The spot crypto ETF timeline with the real release numbers, from 2017 to the thirteen assets trading now.

Most EU guides quote one rate per country. The coin, a European bitcoin ETN and a US ETF share are three different tax regimes, and the famous 0% rules cover only one of them.

Capital Gains Tax on Bitcoin ETFs and ETPs for UK residents: 18% or 24% since the 2024 Budget, a £3,000 allowance, and why crypto ETNs left the stocks and shares ISA.

A spot Bitcoin ETF hands you a small taxable gain every year even if you never sell. Why that happens, what it costs in dollars, the 2026 rates, and how it all reaches Form 8949.

A self-directed crypto IRA holds real bitcoin and charges trading plus custody fees. A Bitcoin ETF in a normal IRA charges a published 0.15–0.25%. Here is how to compare them.

Strategy holds 846,000 BTC and trades below the market value of that bitcoin. That discount is not free money — $21bn of debt and preferred stock stands ahead of the common.

GLD, IAU, GLDM and SGOL against IBIT and FBTC on fee, size, custody and tax. Since the Bitcoin ETFs opened in January 2024, gold is up 118% and bitcoin 86%.

A spot Bitcoin ETF gives you BTC, full stop. A crypto index ETF holds a basket — around three-quarters of which is bitcoin anyway. Here is when each makes sense.

A Bitcoin ETF gives you bitcoin. A mining stock gives you an operating business whose revenue happens to be denominated in bitcoin. They are not substitutes.

IBIT charges 0.25%; GBTC charges 1.50%. Switching saves $12,500 a year on a $1M position — unless the capital gains bill is bigger. Here is the math.

IBIT and FBTC charge the same 0.25% and give the same access. The differences that survive scrutiny are size, liquidity and custody. Here is the side-by-side.

Bitcoin's volatility makes Bitcoin ETFs unusually good tax-loss-harvesting candidates. Here is the mechanics, what the wash-sale rule actually says, and why its application here is unsettled.

A 9-point checklist for picking the right Bitcoin ETF — fee, custody, liquidity, tracking, broker access. Use it once and pick one fund.

What a Bitcoin ETF does inside a portfolio that funds living expenses: which retirement accounts can hold one, what bitcoin actually did since 2024 (47.7% volatility, a 53% fall), and why the order of returns matters more than the average.

The 1–5% bitcoin allocation is repeated everywhere. Here is what actually stands behind it, what the volatility really measures, and how to size the sleeve.

DCA is the default strategy for bitcoin accumulation through ETFs — but the math matters. We measured lump sum against DCA on every 12-month window since the ETFs launched.

Whether you can hold a Bitcoin ETF in your 401(k) depends on your plan, not your broker. Here is the landscape — and what changed in Washington in 2025.

Holding a Bitcoin ETF inside a Roth IRA is one of the most tax-efficient ways to accumulate bitcoin exposure. Here is the math, the mechanics, and the 2026 rules to know.

A practical comparison of US brokers for buying Bitcoin ETFs — Fidelity, Schwab, IBKR, Robinhood, and the last big holdout, which stopped holding out in December 2025.

A practical walkthrough of buying a Bitcoin ETF — choosing a broker, opening the right account, picking the fund, placing the order, and recording cost basis to stay tax-compliant.

BTCW is the smallest US spot Bitcoin ETF still trading — $136.5m of net assets at 30 June 2026 — at the same 0.25% fee as IBIT and FBTC. A solid product with nothing distinctive to sell.

HODL is the only US spot Bitcoin ETF that names Gemini Trust Company as its bitcoin custodian — with Coinbase as a second. Its investors also paid no sponsor fee at all from 25 November 2024 to 31 July 2026.

BTCO charges 0.25% — the same as IBIT and FBTC — and held $315.8m of net assets at 30 June 2026. Galaxy Digital is the fund's execution agent, not a sub-adviser. What the pairing actually buys you.

Franklin EZBC charges 0.19% — the cheapest of the eleven funds that launched in January 2024 — and held $334.7m of net assets at 30 June 2026. A small fund from a very large manager.

BITB is Bitwise's spot Bitcoin ETF — 0.20% fee, Coinbase custody, $2.13bn of net assets at 30 June 2026. The fifth-largest US spot Bitcoin ETF, run by a crypto-only manager.

ARKB carries the ARK name, but 21Shares US LLC is the sponsor and ARK Invest is only the sub-adviser. 0.21% fee, four custodians, $1.89bn — the sixth-largest US spot Bitcoin ETF.

GBTC is the legacy Bitcoin ETF — 1.50% fee, $8.1bn left after $27.8bn of outflows, the biggest closed-end-to-ETF conversion ever. Why it still exists and who still holds it.

FBTC is the second-largest spot Bitcoin ETF — $10.30bn at 30 June 2026 — and the only large fund holding no bitcoin at Coinbase. What in-house custody buys and where FBTC fits.

IBIT is the largest spot Bitcoin ETF in the world — 734,261 BTC and $43.4bn of net assets at 30 June 2026. A close look at fees, custody, liquidity and the risks of dominance.

US spot Bitcoin ETFs held $71.42bn at the June 2026 quarter end. Of the category’s growth since launch, $56.9bn is money investors handed over and only $27.5bn is price.

Volume counts shares changing hands. Net flow counts bitcoin entering or leaving the trust. On 22 September 2026 the twelve US spot funds traded $2.39bn and created $714.7m of shares. Here is the arithmetic behind the gap.

A red day on the flow chart can mean three completely different things, and only one of them is selling. Here is how to tell them apart, with dates, sizes and the measured correlation with price.

Bitcoin ETF flow data is a daily readout of institutional demand. Here is how to read daily inflows and outflows, what they actually move, and which patterns matter.

Thirteen US spot Bitcoin ETFs, fees from 0.14% to 1.50%, and the last waiver gone since 31 July 2026. The full table, the cost in dollars, and when the spread matters more.

Spread, premium and closing drift measured across all twelve US spot Bitcoin ETFs, the GBTC discount that reached 48.9%, and what to check before you place an order.

Who the authorized participants are, how big a creation basket is at each US spot Bitcoin ETF, what changed when the SEC allowed in-kind orders on 29 July 2025, and what happens when creations stop.

ProShares' own annual report shows BITO compounding at −1.39% a year since 2021 while its bitcoin benchmark did +3.98%. Here is where the 5.37 points went, and why altcoins are repeating it.

A plumbing-level look at how a spot Bitcoin ETF holds its coins — which fund uses which custodian, how many now use two or more, and what "proof of reserves" does not verify.

Bitcoin ETFs and direct (spot) Bitcoin both give you BTC exposure, but they differ on custody, fees, taxes, trading hours and risk. A practical comparison with the numbers.

A spot Bitcoin ETF is a listed trust that owns bitcoin and nothing else. What a share holds, who issues them, what they cost, and what you give up by not holding keys.

Every US spot Bitcoin ETF with ticker, issuer, exchange, listing date, fee, basket size and custodian. IBIT and FBTC took 75% of the money; GBTC is $27.8bn in the red.