The long awaited bitcoin ETF or exchange traded fund which is going to provide free accessibility to the trading index platform for all the people from any part of the world, there will be increased transparency in each trading transactions carried out all over the world and the risk factor in investing on crypto currencies will be reduced this ETF has the possibility to reduce fraudulent activities carried out through the crypto graphic network such as hacking. Infact this whole ETF has the capability to reduce the risk factor of bitcoin transactions thereby attracting more new investors to bitcoins which helps in increasing the price of bitcoins due to increased demand for bitcoins.