💥Distinguishing between Bitcoin ETF Spot and Future💥 - P1❤️Surely everyone has heard of Bitcoin ETF or Bitcoin Future ETF recently. So do you know the difference between these two genres???👉Let's discuss and give your opinion if you know something💥What is Bitcoin ETF?👉Bitcoin exchange-traded fund (ETF) for allows buyers to invest in Bitcoin without purchasing the actual asset. This investment method streamlines the buying process, allowing users to skip registering for an exchange or trading with a cryptocurrency wallet.👉In traditional investing, an ETF is a form of investment that tracks the price of an asset or group of assets. ETFs are an easy way to invest in multiple assets simultaneously without actually holding the assets. 👉In the case of Bitcoin, a Bitcoin ETF is an asset that simply tracks the price of Bitcoin. By investing in Bitcoin ETF, users can still earn profits from Bitcoin without going through the process of buying Bitcoin, such as registering for trading and going through different verification methods.👉That meaning that the Bitcoin ETF is quite limited in nature. The first Bitcoin ETF, ProShares Bitcoin Strategy ETF (BITO), launched in October 2021. However, this ETF does not invest directly in assets but in Bitcoin futures contracts as an alternative.💥 What are Bitcoin futures ETFs?💝Let's wait for part 2, guys!💝