Spot Bitcoin ETF Filings Raise Possibility of Easier Crypto Access, But Approval Not Guaranteed

A spot Bitcoin ETF would hold actual Bitcoin, unlike current Bitcoin futures ETFs. This would more closely track Bitcoin's price.

Spot Bitcoin ETFs would allow mainstream investors easy exposure to Bitcoin in regular brokerage accounts, without needing crypto wallets or exchanges.

These ETFs may appeal to institutions who want Bitcoin exposure but can't hold it themselves.

Spot Bitcoin ETFs could be more cost-effective than current futures ETFs like BITO and XBTF.

However, SEC has rejected spot Bitcoin ETFs before due to manipulation concerns. Approval is not guaranteed despite recent filings.