
Bitcoin ETFs Explained
Demand for Bitcoin ETFs has been steadily expanding, fuelled by rising cryptocurrency acceptability and a need for a more accessible entry point into the digital asset industry. As conventional financial institutions investigate blockchain technology and recognise the promise of cryptocurrencies, trust in Bitcoin’s long-term viability grows.
As Bitcoin continues to dominate the cryptocurrency space as the largest cryptocurrency by market capitalization, the demand for simplified and regulated investment options has driven the development of Bitcoin ETFs. This guide delves into everything you need to know about Bitcoin ETFs, including their purpose, benefits, drawbacks, types, and global availability.
What is ETF ?
Think of ETF like buying a fruit basket instead of just one apple. If one fruit goes bad (like a single stock losing value), the rest of the basket can still keep its value.
An exchange-traded fund (ETF) is an investment comprising a collection of securities like; stocks, bonds, commodities, or currencies traded on stock exchanges.