Pay with BTC · XLK
Want to put your Bitcoin (BTC) to work in Technology Select Sector SPDR Fund (XLK)? On GM Markets you can buy tokenized XLK, 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
XLK is an exchange-traded fund that holds the technology companies within the S&P 500, giving single-trade exposure to US large-cap tech names weighted by market value. It is designed to track the performance of the Technology Select Sector Index before fees rather than to outperform it.
The bull case
Investors point to XLK as a way to gain concentrated exposure to the US technology sector in a single, liquid position without picking individual stocks.
Key risks
As a sector fund, XLK is far less diversified than a broad-market ETF and tends to be more volatile, it is heavily concentrated in its largest holdings, and it rises and falls with the technology industry's cycle.
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 XLK
Search for Technology Select Sector SPDR Fund (XLK) 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 XLK 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 XLK.
FAQ
Other options
See the full Technology 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.
