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What is ETF ? ETF Approve??
ETF : Exchange Traded Fund. You all probably know that if Bitcoin ETF is approved, Bitcoin will pump massively. But many do not know what is Bitcoin ETF?Let's find out. Before understanding Bitcoin ETF, we need to understand about exchange history, many years ago Gold was used as a medium of exchange. But gradually it changed and the practice of using paper currency equivalent to gold was developed which is still there today. The fact that we are using this paper currency means that we all use gold as a medium of exchange.Because the bank has given us the security of paper currency of equivalent value to gold, but we rely on paper currency for exchange. This means that the Bank/Central Bank has the full right of intervention over our Assets. (This System is ETF)We all know our old world depends on US Currency. For this, the US government is able to control the maximum country. But Bitcoin stands as a threat to their system. Since everyone is now slowly accepting Bitcoin, the US Government wants to make mandatory Bitcoin ETF Approved through big institutions companies like Blackrock, Fidelity, Wisdom Tree. As a result, the US will have more Bitcoin holdings in the future. We know that many countries in the world follow the US. That's why we hope that the whole world will one day recognize Bitcoin/Digital Currency as a means of exchange.Note: The probability of Bitcoin ETF being approved is very high. It may be fixed time or may take more time than specified time. It is better not to buy based on this for short term. If you want to buy for long term then you can buy 30% of your portfolio in Strong Coin.📌 If you like our article, Click here and vote me ❤️🔄 Don’t forget like,comment, share and follow me ❤️#etf #BTC #BONK #XAI
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