ETF - What's that?

š—œš—ŗš—®š—“š—¶š—»š—² š—® š—•š—®š˜€š—øš—²š˜ : Think of a basket that you can fill with different things.

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š—œš—»š˜ƒš—²š˜€š˜š—ŗš—²š—»š˜ š—•š—®š˜€š—øš—²š˜ : Now, instead of things, imagine you can put investments in this basket, like stocks, bonds, or even cryptocurrencies.

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š—¦š—µš—®š—暝—²š˜€ š—¼š—³ š˜š—µš—² š—•š—®š˜€š—øš—²š˜ : The basket is divided into many pieces, like a pizza. These pieces are called "shares."

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š—•š˜‚š˜† š—® š—¦š—¹š—¶š—°š—² (š—¦š—µš—®š—暝—²) : You can buy a slice of this investment basket, just like ordering a slice of pizza.

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š——š—¶š˜ƒš—²š—暝˜€š—² š—œš—»š˜ƒš—²š˜€š˜š—ŗš—²š—»š˜ : 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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š—˜š—®š˜€š˜† š—§š—暝—®š—±š—¶š—»š—“ : 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?

š—•š—œš—§š—–š—¢š—œš—” š—˜š—§š—™ :

A Bitcoin ETF is š—¹š—¶š—øš—² š—® š˜€š—½š—²š—°š—¶š—®š—¹ š—¶š—»š˜ƒš—²š˜€š˜š—ŗš—²š—»š˜ š—½š—¶š˜‡š˜‡š—® slice that's all about Bitcoin

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š—ŗš—¶š—暝—暝—¼š—æ š˜š—µš—² š—½š—暝—¶š—°š—² movements of Bitcoin

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š˜€š—µš—®š—暝—²š˜€ of a Bitcoin ETF = investing in Bitcoin's price without actually owning Bitcoin

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like š—Æš˜‚š˜†š—¶š—»š—“ š˜€š—µš—®š—暝—²š˜€ š—¼š—³ š—® š—°š—¼š—ŗš—½š—®š—»š˜† š—¼š—» š˜š—µš—² š˜€š˜š—¼š—°š—ø š—ŗš—®š—暝—øš—²š˜ = like getting a slice of the Bitcoin pie without needing to bake

( ETF = exchange-traded fund )

#ETF #Harshal