ALERT! At #ETF you are NOT buying BITCOIN#BTC
But why would someone prefer to buy a#bitcoin#ETF instead of buying bitcoin directly?
Basically, experts say, because it is a simpler operation.
Anyone who invests in a bitcoin ETF is not directly buying the cryptocurrency, they are putting their money in the ETF that follows their movements.
In this way, he or she is not the “owner” of the digital currency, but rather acquires a participation in the investment fund.
You can sell and buy your part invested in the ETF at any time, without having to go to your electronic wallet, find the secret key of your bitcoin and make the transaction on a cryptocurrency platform.
But, like any transaction made on the stock market, you have to pay the cost of having someone else manage your funds, that is, a commission.
Source:CNN
