ETFs are traded on an exchange, like stocks, and track the performance of an underlying asset. They are popular because they allow investors to gain access to cryptocurrencies without having to purchase the underlying digital assets themselves. They are also cheaper to trade. The crypto market is hopeful that the approval of a spot bitcoin ETF will lead to a flood of mainstream money into the sector.
Related posts
-
The newly launched MSTU ETF is firing on all cylinders
A new leveraged MicroStrategy ETF is firing on all cylinders as its assets jump and its... -
Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’
Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent... -
Bitcoin Breaks $65K, $365M In Spot ETF Inflows Fueling The Rally
Este artículo también está disponible en español. Bitcoin has been the subject of recent media attention,...