ETF - What's that?
ššŗš®š“š¶š»š² š® šš®ššøš²š : Think of a basket that you can fill with different things.
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šš»šš²šššŗš²š»š šš®ššøš²š : Now, instead of things, imagine you can put investments in this basket, like stocks, bonds, or even cryptocurrencies.
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š¦šµš®šæš²š š¼š³ ššµš² šš®ššøš²š : The basket is divided into many pieces, like a pizza. These pieces are called "shares."
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ššš š® š¦š¹š¶š°š² (š¦šµš®šæš²) : You can buy a slice of this investment basket, just like ordering a slice of pizza.
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šš¶šš²šæšš² šš»šš²šššŗš²š»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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šš®šš š§šæš®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?
ššš§šš¢šš” šš§š :
A Bitcoin ETF is š¹š¶šøš² š® šš½š²š°š¶š®š¹ š¶š»šš²šššŗš²š»š š½š¶ššš® slice that's all about Bitcoin
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šŗš¶šæšæš¼šæ ššµš² š½šæš¶š°š² movements of Bitcoin
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ššµš®šæš²š of a Bitcoin ETF = investing in Bitcoin's price without actually owning Bitcoin
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like šÆššš¶š»š“ ššµš®šæš²š š¼š³ š® š°š¼šŗš½š®š»š š¼š» ššµš² ššš¼š°šø šŗš®šæšøš²š = like getting a slice of the Bitcoin pie without needing to bake
( ETF = exchange-traded fund )