Bitcoin ETF: Everything you need to know

Source: Yahoo Finance

What is a Bitcoin ETF?

Source: Forex Academy

Benefits of Investing in Bitcoin ETF

Source: Coingape
  • The first is the fact that investors don’t have to deal with the security procedures related to Bitcoin holding and other cryptocurrencies.
  • Secondly, investors can just buy and sell the ETF through conventional exchanges and markets.
  • Another notable benefit to focusing on a Bitcoin ETF instead of on Bitcoin itself is the fact that ETFs are investment vehicles for which investors would be able to short sell shares of the ETF if they think the price of Bitcoin will go down in the future. This is not something that you can do easily in the cryptocurrency markets.
  • Finally, there remains the point that ETFs are much more understood across the investment world than cryptocurrencies, even though crypto tokens and digital coins are becoming increasingly popular.
  • An investor would be much more willing to focus on a trading vehicle that they already understand than learn the ins and outs of something unfamiliar and seemingly complicated.

Bitcoin ETFs And Their Road Towards Approval

ProShares Bitcoin Strategy ETF

Source: CoinDesk

Conclusion

Source: Coingape

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