ETF - What's that?
đđșđźđŽđ¶đ»đČ đź đđźđđžđČđ : Think of a basket that you can fill with different things.
ââ
đđ»đđČđđđșđČđ»đ đđźđđžđČđ : Now, instead of things, imagine you can put investments in this basket, like stocks, bonds, or even cryptocurrencies.
ââ
đŠđ”đźđżđČđ đŒđł đđ”đČ đđźđđžđČđ : The basket is divided into many pieces, like a pizza. These pieces are called "shares."
ââ
đđđ đź đŠđčđ¶đ°đČ (đŠđ”đźđżđČ) : You can buy a slice of this investment basket, just like ordering a slice of pizza.
ââ
đđ¶đđČđżđđČ đđ»đđČđđđșđČđ»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.
ââ
đđźđđ đ§đżđźđ±đ¶đ»đŽ : You can easily buy or sell these slices on the stock market, just like you do with regular stocks.
ââ
got it?
đđđ§đđąđđĄ đđ§đ :
A Bitcoin ETF is đčđ¶đžđČ đź đđœđČđ°đ¶đźđč đ¶đ»đđČđđđșđČđ»đ đœđ¶đđđź slice that's all about Bitcoin
ââ
đșđ¶đżđżđŒđż đđ”đČ đœđżđ¶đ°đČ movements of Bitcoin
ââ
đđ”đźđżđČđ of a Bitcoin ETF = investing in Bitcoin's price without actually owning Bitcoin
ââ
like đŻđđđ¶đ»đŽ đđ”đźđżđČđ đŒđł đź đ°đŒđșđœđźđ»đ đŒđ» đđ”đČ đđđŒđ°đž đșđźđżđžđČđ = like getting a slice of the Bitcoin pie without needing to bake
( ETF = exchange-traded fund )
#ETF #Harshal