The article discusses the introduction of spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in 2024, which bring mainstream financial products to the crypto market. It compares the growth and popularity of gold ETFs since their introduction in 2003 to the current enthusiasm surrounding crypto ETFs. It states that spot Bitcoin ETFs have reached over $61 billion in just six months, representing around 25% of the gold ETFs' total assets under management (AUM). The article also mentions the inflows into spot Ethereum ETFs, except for Grayscale's Ethereum Trust which has experienced outflows due to its high expense ratio. It explains that crypto ETFs allow investors to gain exposure to cryptocurrencies without directly buying them and operate by holding a portfolio of crypto assets. The value of shares in a crypto ETF rises and falls with the value of the underlying assets. The article concludes by recommending that investors consider the pros and cons, and offers tips for selecting the right crypto ETF and determining the allocation amount. It also highlights the importance of regulatory developments and the performance of spot BTC and ETH ETFs in shaping future innovations and integration of crypto into the financial space.



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