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What is bitcoin ETF?

CRYPTOnite

2022-01-25 (08:03:11)

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First what is ETF? An ETF is an exchange-traded fund. Meaning, it is an investment fund that tracks the price of an underlying asset.

Let us use gold ETF as an example, they existed for decades and is tracking the price of gold through the years. This is the same way with Bitcoin's ETF, they also follow the price of bitcoin to cut the sotry short ETFs are regulated financial products.

Reply 3

2022-01-26 (00:33:51)

Block user
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Thanks for the info!

CRYPTOnite_profile-image

2022-01-26 (05:12:52)

Block user

it's always nice to have some trivias

Yagael_profile-image

2022-01-26 (07:00:23)

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nice info its good to understand terminologies

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