ETF - What's that?

𝗜đ—șđ—źđ—Žđ—¶đ—»đ—Č 𝗼 𝗕𝗼𝘀𝗾đ—Č𝘁 : Think of a basket that you can fill with different things.

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đ—œđ—»đ˜ƒđ—Č𝘀𝘁đ—șđ—Čđ—»đ˜ 𝗕𝗼𝘀𝗾đ—Č𝘁 : Now, instead of things, imagine you can put investments in this basket, like stocks, bonds, or even cryptocurrencies.

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đ—Šđ—”đ—źđ—żđ—Č𝘀 đ—Œđ—ł đ˜đ—”đ—Č 𝗕𝗼𝘀𝗾đ—Č𝘁 : The basket is divided into many pieces, like a pizza. These pieces are called "shares."

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𝗕𝘂𝘆 𝗼 𝗩đ—čđ—¶đ—°đ—Č (đ—Šđ—”đ—źđ—żđ—Č) : You can buy a slice of this investment basket, just like ordering a slice of pizza.

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đ——đ—¶đ˜ƒđ—Č𝗿𝘀đ—Č đ—œđ—»đ˜ƒđ—Č𝘀𝘁đ—șđ—Čđ—»đ˜ : When you own a slice of the basket, you own a bit of everything inside, like a small piece of all the investments in the basket.

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𝗘𝗼𝘀𝘆 đ—§đ—żđ—źđ—±đ—¶đ—»đ—Ž : You can easily buy or sell these slices on the stock market, just like you do with regular stocks.

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got it?

𝗕𝗜𝗧𝗖𝗱𝗜𝗡 𝗘𝗧𝗙 :

A Bitcoin ETF is đ—čđ—¶đ—žđ—Č 𝗼 đ˜€đ—œđ—Čđ—°đ—¶đ—źđ—č đ—¶đ—»đ˜ƒđ—Č𝘀𝘁đ—șđ—Čđ—»đ˜ đ—œđ—¶đ˜‡đ˜‡đ—ź slice that's all about Bitcoin

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đ—șđ—¶đ—żđ—żđ—Œđ—ż đ˜đ—”đ—Č đ—œđ—żđ—¶đ—°đ—Č movements of Bitcoin

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đ˜€đ—”đ—źđ—żđ—Č𝘀 of a Bitcoin ETF = investing in Bitcoin's price without actually owning Bitcoin

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like đ—Żđ˜‚đ˜†đ—¶đ—»đ—Ž đ˜€đ—”đ—źđ—żđ—Č𝘀 đ—Œđ—ł 𝗼 đ—°đ—Œđ—șđ—œđ—źđ—»đ˜† đ—Œđ—» đ˜đ—”đ—Č đ˜€đ˜đ—Œđ—°đ—ž đ—ș𝗼𝗿𝗾đ—Č𝘁 = like getting a slice of the Bitcoin pie without needing to bake

( ETF = exchange-traded fund )

#ETF #Harshal