Although cryptocurrencies have developed significantly in recent years and are gaining more public attention, the overall scale is still relatively small compared to traditional finance.
Bitcoin spot ETF applications began in 2013. After years of rejections, the SEC approved the first ones in 2024, marking Bitcoin’s entry into mainstream finance.
Advantages of a Bitcoin Spot ETF: Regulatory Compliance, Lower Investment Threshold, Lower Cost, Security.
ETF, or Exchange Traded Fund, is a type of investment fund that trades on stock exchanges, similar to a stock. It is also known as an exchange-traded fund.
The deflationary spiral theory states that if prices are expected to fall, people will choose to buy later in order to profit from the lower prices.
A Bitcoin wallet is roughly the equivalent of a physical wallet in the Bitcoin network. The wallet actually contains your private key, which allows you to spend the Bitcoins allocated to the wallet in the blockchain.
A cryptographic signature is a mathematical mechanism that allows a person to prove ownership. In the case of Bitcoin, a Bitcoin wallet and its private key are linked together through some mathematical magic.
A private key is a confidential piece of data that proves you have the authority to spend bitcoins from a specific wallet, and is implemented through a cryptographic signature.
A peer-to-peer network is a system that allows individual nodes to interact directly with other nodes, allowing the entire system to operate like an organized collective.
Bitcoin mining is the process of using computer hardware to perform mathematical calculations for the Bitcoin network to confirm transactions and improve security.
Hash rate is a unit of measurement for the processing power of the Bitcoin network. To ensure security, the Bitcoin network must perform a large number of mathematical operations. When the network reaches a hash rate of 10Th/sec, it means that it is capab
If a malicious user attempts to pay Bitcoin to two different recipients at the same time, it is called a double spend. Bitcoin mining and the blockchain will reach a consensus on which of the two transactions is confirmed and considered valid on the netwo
Cryptography is a branch of mathematics that allows us to create mathematical proofs that provide a high level of security. Cryptography is also used in e-commerce and online banking.
Transaction confirmation means that a transaction has been processed by the network and is unlikely to be reversed. A transaction receives a confirmation when it is included in a block, and each subsequent block adds a confirmation.
BTC is the common unit used to denote one Bitcoin (B⃦).
A block is a record in the blockchain that contains and confirms pending transactions. On average, a new block containing transactions is added to the blockchain approximately every 10 minutes through mining.
The blockchain is a chronological public record of Bitcoin transactions. The blockchain is shared by all Bitcoin users. It is used to verify the permanence of Bitcoin transactions and prevent double spending.
The capitalized Bitcoin is used to refer to the concept of Bitcoin or the entire Bitcoin network itself. For example: "Today I learned something about the Bitcoin protocol.
Bit is a commonly used unit after Bitcoin -- 1,000,000 bits equals 1 Bitcoin. This unit is often more convenient for marking tips, goods and services.
A Bitcoin address is like a physical address or an email address. It is the only information you need to provide when someone wants to pay you Bitcoin. However, an important difference is that each address should only be used for a single transaction.
