Pay with BTC · XLF
Want to put your Bitcoin (BTC) to work in Financial Select Sector SPDR Fund (XLF)? On GM Markets you can buy tokenized XLF, backed 1:1 by real shares, funding the purchase with BTC. This guide covers how the BTC-to-stock flow works, the live price, the fees, the risks, and the steps to place your first order.
Funding
Bitcoin (BTC) settles on Bitcoin. You can use it to fund tokenized-stock purchases; because its price moves, many investors convert to a stablecoin like USDC at the point of trade.
About the fund
XLF is an exchange-traded fund that holds the financial companies within the S&P 500, including banks, insurers, and capital-markets firms, weighted by market value. It seeks to track the Financial Select Sector Index before fees rather than to outperform it.
The bull case
Investors point to XLF as a single-trade way to gain exposure to the US financial sector, spanning major banks and insurance companies rather than a single institution.
Key risks
As a sector fund, XLF is less diversified and more volatile than a broad-market ETF, it is concentrated in large banks and financial firms, and it is sensitive to credit conditions, interest rates, and the health of the financial system.
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with BTC
Add BTC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find XLF
Search for Financial Select Sector SPDR Fund (XLF) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your XLF token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to XLF.
FAQ
Other options
See the full Financial Select Sector SPDR Fund guide or the Bitcoin hub.
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
