# Spot Bitcoin ETF

*Crypto & Digital Assets — Finicade finance glossary*

A spot Bitcoin ETF holds actual Bitcoin and trades on a stock exchange, letting investors gain exposure through an ordinary brokerage account. US approval in January 2024 followed a decade of rejections and brought tens of billions of institutional money in within months. What it removes is self-custody and the associated key management; what it adds is a management fee and a familiar tax wrapper.

**Also known as:** bitcoin ETF, spot crypto ETF

**Related terms:** [Bitcoin](https://finicade.com/glossary/bitcoin), [ETF (Exchange-Traded Fund)](https://finicade.com/glossary/etf), [Custodial vs Non-Custodial Wallet](https://finicade.com/glossary/custodial-vs-non-custodial-wallet), [Expense Ratio](https://finicade.com/glossary/expense-ratio), [Brokerage Account](https://finicade.com/glossary/brokerage-account)

Source: https://finicade.com/glossary/spot-bitcoin-etf