Bitcoin ETF is an investment fund that simulates the fluctuations of Bitcoin or assets related to Bitcoin's price and is traded and securitized by companies on traditional exchanges instead of conventional cryptocurrency exchanges. often. In theory, through this fund, organizations can freely buy, sell and invest in coins without legal problems.
The purpose of the Bitcoin ETF is to help retail investors and investors who do not want to invest in cryptocurrencies to trade Bitcoin without actually owning it. However, the US Securities and Exchange Commission (SEC) always rejects these proposals, so up to now there is no ETF that directly represents a cryptocurrency.
