FACTS ABOUT THE BITCOIN ETF:

A Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin. Bitcoin ETFs allow investors to gain exposure to Bitcoin without actually owning the cryptocurrency.

Bitcoin ETFs track the price of Bitcoin through futures contracts. When you invest money in a Bitcoin ETF, you win when the value of Bitcoin goes up and you lose when the value of Bitcoin goes down.

Bitcoin ETFs purchase and hold the cryptocurrency and issue shares of the fund that represent fractional ownership of those bitcoins. Investors can buy or sell shares of the fund on the exchange as if they were shares of any other fund or type of asset.