BITCOIN ETF
Bitcoin ETF (Exchange-Traded Fund) is a type of fund that is traded on a stock exchange and has Bitcoin as its underlying asset.
A Bitcoin ETF is an investment instrument that allows beginners to gain exposure to Bitcoin without needing to buy and hold it directly.
These ETFs are traded on stock exchanges and are similar to regular shares.
Investors purchase ETF units that represent holdings in Bitcoin.
When the price of Bitcoin rises, the value of the ETF tends to increase as well. The advantage of a Bitcoin ETF is that it makes it easy to enter the Bitcoin market without needing to understand the technicalities. ETFs are regulated by financial authorities and provide legal protection.
