BTC will definitely hit 52k level and WHY ⁉️
there are lots of things effect on btc market such as sec decisions, big whales and sharks activities, btc ETF aprovels and etc..
there will be several ETF aprovels are pending to approve in near future. market crash until this aprovels.
What is bitcoin ETF?
ETFs, or exchange-traded funds, are a type of security that tracks the underlying performance of a collection of assets or commodities. A spot bitcoin ETF is an exchange-traded fund that tracks the spot, or current price of bitcoin.
How does it works?
A bitcoin exchange-traded fund (ETF) is a financial product that allows investors to gain exposure to the price movements of bitcoin without actually holding the asset itself. Shares of a bitcoin ETF are traded on traditional stock exchanges, making it easier for investors to participate in the cryptocurrency market.
Advantages and disadvantages of btc ETFS
Advantages:
Simplified Investment and Accessibility
Regulatory and Security Benefits
Market Integration and Liquidity
Diversification and Tax Benefits
Disadvantages:
Control and Ownership
Cost Implications
Market Hours Limitation
Tracking Errors
Limited Trading Options
This btc ETF is a one way to invest in bitcoin market but also we have another way to invest in btc market. We talk about btc ETF until right now. Here after we discuss how to get your own btc by direct investing.
What is that?
That is what we are doing right now in binance, Use online exchange platform to invest in btc market.
What are the advantages in direct investment?
The easiest way for an individual to buy bitcoin is through a crypto exchange, such as binance and Binance.US.
Which means easily buy or sell their assets without facing significant price fluctuations.
lowest trading fees in the cryptocurrency market.
Advanced Trading Features
and also you can get your own shears of btc derectly to your wallet.
Guys here we are talked about btc ETF buy and derect buy btc from exchange platform briefly. we will explain you All about this topic in our next article.
#ETFvsBTC #ellonmask