Post
Topic
Board Bitcoin Discussion
Re: BTC ETF creating a hype?but,what really is BTC ETF means?
by
kimcuchospital
on 06/10/2018, 05:03:13 UTC
Bitcoin ETF aims to track basic indicators, commodities or portfolios of assets and replicate their performance. If this is approved, it will be a blessing for all of us. This would be a great thing to get approved because it makes the trading floors possible at any time of the day. (CBOE) of New York-based VanEck and SolidX blockchain platform. ETF, is an investment fund that tracks and then the price of a tangible asset such as gold, diamonds, oil etc. and is traded on the exchange. So they will buy a regulated investment tool that they can buy and sell instead of having to buy and store bitcoin safely. For, BTC ETF, an investor will hold a bitcoin ETF in their portfolio against the actual digital currency.