Disclaimer and risk warning

Who we are, and what we are not

BitcoinETF Directory is an independent, editorially operated information website. We publish reference data and educational material about Bitcoin and cryptocurrency exchange-traded products and about buying crypto assets directly.

We are not a broker-dealer, an investment adviser, an investment company, a bank, a money services business, a fund manager, a tax adviser or a law firm. We are not registered with the US Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Commodity Futures Trading Commission, the UK Financial Conduct Authority or any equivalent authority in any other jurisdiction, because publishing general information about financial products does not require such registration. It also means we are not permitted to advise you, and we do not.

We are not affiliated with, endorsed by, sponsored by or acting for any ETF issuer, sponsor, index provider, custodian, exchange, brokerage or trading venue mentioned anywhere on this site. Names, tickers and trademarks belong to their respective owners and are used for identification and commentary only.

Nothing here is advice or a recommendation

Everything published on this site is general information. It does not take account of your objectives, your financial situation, your tax position, your risk tolerance or your legal circumstances, because we know none of those things. Nothing on this site constitutes:

• an offer, solicitation or recommendation to buy, sell or hold any security, fund, digital asset or other financial instrument;
• investment advice or a personal recommendation of any kind;
• tax, accounting or legal advice;
• an assurance that any product described here is suitable or available to you.

Where a page expresses a view — including anything presented as an analyst note, a "best of" selection or a judgement about a fund's cost or structure — that is editorial opinion, clearly marked as such, and it is not a recommendation. Reasonable people disagree about all of it. Before acting, consult a licensed professional who can look at your specific situation.

Accuracy, sources and timeliness

We take sourcing seriously and our methodology page sets out exactly how we work. Even so, the information here is provided on an "as is" basis and we make no warranty, express or implied, as to its accuracy, completeness, currency or fitness for any purpose.

Fund data changes constantly. Assets under management move with the price of the underlying asset. Expense ratios change and fee waivers expire on fixed dates whether or not anyone notices. Sponsors rename funds, change their investment strategies and close them. Custodians and authorised participants change. Regulations change. Some figures on this site come from third-party aggregators because the issuer does not publish them, and those figures are labelled but may still be wrong.

Always verify any figure against the fund's own current prospectus and the sponsor's website before you act on it. The prospectus is the legally controlling document; this site is not.

Risk warning

Crypto assets are highly volatile and can fall sharply and without warning. Bitcoin has experienced multiple drawdowns exceeding 70% of its value. A fund wrapper does nothing to reduce that price risk. Specific risks you should understand before investing include, without limitation:

• Total loss. The value of these products can fall to a level far below what you paid, and in the case of leveraged products can approach zero.
• Structure. US spot crypto exchange-traded products are generally grantor trusts registered under the Securities Act of 1933. They are not registered investment companies under the Investment Company Act of 1940 and do not carry that Act's protections.
• No deposit protection. SIPC protection applies to a brokerage account against the failure of the broker, subject to limits, and never against a decline in the value of your investments. Crypto assets held on an exchange are protected by neither SIPC nor the FDIC, and customers are typically general unsecured creditors if a platform fails.
• Custody and counterparty risk. A very large share of the bitcoin held inside US ETFs sits with a single custodian.
• Fund closure. Funds do close. A liquidation is a taxable event on a date you did not choose.
• Leveraged and inverse products reset daily and are not designed to be held for long periods. Compounding can produce losses even when the underlying asset ends where it started.
• Income and covered-call products may pay distributions that are substantially a return of your own capital rather than income.
• Liquidity and tracking. Smaller funds trade with wider spreads and may track their underlying asset less closely.
• Regulatory change. The legal treatment of crypto assets is unsettled and can change quickly.

Read our full guide to the risks before investing.

Tax

Any discussion of taxation on this site is general educational information about US federal tax rules as we understand them, and nothing more. It is not tax advice. Tax treatment depends entirely on your individual circumstances and on the law of the jurisdiction where you are resident, and it may change. State and non-US tax positions differ. Speak to a qualified tax professional before acting.

Commercial links

Some outbound links on this site are commercial. If you open an account with CEX.IO after following one, we may receive a fee. Those links carry a rel="nofollow noopener" attribute and open in a new tab. This revenue funds the site's research and hosting.

Being paid for a referral is not an endorsement, a recommendation or a warranty of any kind. We have no control over any third party's services, pricing, availability, security or conduct, and we accept no liability for them. Any dealings you have with a third party are entirely between you and them. Do your own checks on any platform before depositing money with it, including whether it is authorised to serve customers in your jurisdiction.

Our methodology page explains where the commercial arrangement begins and ends, and why it does not shape our editorial judgements.

Availability and eligibility

The products described on this site are not available to everyone. Many are registered for sale only in specific jurisdictions, and several are explicitly unavailable to residents of others. US-listed exchange-traded funds are generally not available to retail investors in the European Union or the United Kingdom, and non-US funds carry significant additional tax complexity for US persons. Nothing on this site is directed at any person in any jurisdiction where publishing or accessing it would be contrary to local law.

Third-party content

This site links to external websites, including regulators, exchanges and fund sponsors, to let you check our sources. We do not control those sites and are not responsible for their content, accuracy or availability. A link is not an endorsement.

Limitation of liability

To the fullest extent permitted by law, BitcoinETF Directory, its operators and its contributors accept no liability for any loss or damage — including direct, indirect, incidental, consequential or financial loss — arising from your use of, or reliance on, anything published on this site. You use this site and act on its contents entirely at your own risk. Nothing in this disclaimer excludes any liability that cannot lawfully be excluded.

Questions

If anything here is unclear, or if you believe something on this site is inaccurate, write to contact@bitcoinetf.directory. See also our terms of use and privacy policy.