{"id":392244,"date":"2024-01-26T12:14:11","date_gmt":"2024-01-26T12:14:11","guid":{"rendered":"https:\/\/cryptoslate.com\/?post_type=crypto_glossary&p=392244"},"modified":"2026-08-31T18:27:06","modified_gmt":"2026-08-31T17:27:06","slug":"newborn-nine","status":"publish","type":"crypto_glossary","link":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/","title":{"rendered":"Newborn Nine"},"content":{"rendered":"
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

A term introduced by Bloomberg Senior ETF analyst Eric Balchunas<\/a> to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. These funds have emerged as significant competitors to the well-established Grayscale Bitcoin Trust (GBTC)<\/a>. The “Newborn Nine” are distinctive for their role in diverting investments from GBTC, signaling a significant shift of capital within the cryptocurrency ETF landscape. The term encompasses the following ETFs: iShares Bitcoin Trust ($IBIT)<\/a>, Fidelity Wise Origin Bitcoin Trust ($FBTC)<\/a>, ARK 21Shares Bitcoin ETF ($ARKB)<\/a>, Bitwise Bitcoin ETF ($BITB)<\/a>, VanEck Bitcoin Trust ($HODL)<\/a>, Invesco Galaxy Bitcoin ETF ($BTCO)<\/a>, Franklin Bitcoin ETF ($EZBC)<\/a>, Valkyrie Bitcoin Fund ($BRRR)<\/a>, and WisdomTree Bitcoin Fund ($BTCW)<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A term introduced by Bloomberg Senior ETF analyst Eric Balchunas to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. These funds have emerged as significant competitors to the well-established Grayscale Bitcoin Trust (GBTC). The “Newborn Nine” are distinctive for their role in diverting investments from GBTC, signaling a […]<\/p>\n","protected":false},"author":76,"featured_media":392256,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_cryptoslate_glossary_part_of_speech":"proper noun","_cryptoslate_glossary_phonetic_spelling":"NOO-born nyn","_cryptoslate_glossary_example_sentences":["The Newborn Nine attracted substantial inflows after spot Bitcoin ETFs launched in January 2024.","Analysts used Newborn Nine to distinguish the new funds from the converted Grayscale Bitcoin Trust.","Daily flow reports compared demand across the Newborn Nine ETFs.","The Newborn Nine increased competition in the US spot Bitcoin ETF market.","Investors evaluated fees, liquidity, and tracking among the Newborn Nine."]},"glossary_topic":[83425,83426],"acf":[],"yoast_head":"\nNewborn Nine | CryptoSlate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newborn Nine | CryptoSlate\" \/>\n<meta property=\"og:description\" content=\"A term introduced by Bloomberg Senior ETF analyst Eric Balchunas to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. These funds have emerged as significant competitors to the well-established Grayscale Bitcoin Trust (GBTC). The “Newborn Nine” are distinctive for their role in diverting investments from GBTC, signaling a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-31T17:27:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/01\/cryptoslate-glossary.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"ItemPage\"],\"@id\":\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/\",\"url\":\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/\",\"name\":\"Newborn Nine | CryptoSlate\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2024-01-26T12:14:11+00:00\",\"dateModified\":\"2026-08-31T17:27:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glossary\",\"item\":\"https:\/\/cryptoslate.com\/glossary\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Newborn Nine\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Newborn Nine | CryptoSlate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/","og_locale":"en_US","og_type":"article","og_title":"Newborn Nine | CryptoSlate","og_description":"A term introduced by Bloomberg Senior ETF analyst Eric Balchunas to refer to a group of nine spot Bitcoin ETFs that were launched in January 2024. These funds have emerged as significant competitors to the well-established Grayscale Bitcoin Trust (GBTC). The “Newborn Nine” are distinctive for their role in diverting investments from GBTC, signaling a […]","og_url":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/","og_site_name":"CryptoSlate","article_modified_time":"2026-08-31T17:27:06+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/01\/cryptoslate-glossary.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@cryptoslate","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","ItemPage"],"@id":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/","url":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/","name":"Newborn Nine | CryptoSlate","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2024-01-26T12:14:11+00:00","dateModified":"2026-08-31T17:27:06+00:00","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/glossary\/newborn-nine\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/glossary\/newborn-nine\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Glossary","item":"https:\/\/cryptoslate.com\/glossary\/"},{"@type":"ListItem","position":3,"name":"Newborn Nine"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_glossary\/392244"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_glossary"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/crypto_glossary"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=392244"}],"version-history":[{"count":3,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_glossary\/392244\/revisions"}],"predecessor-version":[{"id":392253,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_glossary\/392244\/revisions\/392253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/392256"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=392244"}],"wp:term":[{"taxonomy":"glossary_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/glossary_topic?post=392244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}