A Comprehensive Guide to Spot Bitcoin ETFs: Key Insights and Details
A Comprehensive Guide to Spot Bitcoin ETFs: Key Insights and Details In this article, I will explain about the Bitcoin ETFs (Exchange-Traded Funds). What Is a Spot Bitcoin ETF? Spot bitcoin ETF(exchange trade fund) is a financial product that allows investors to buy and sell their shares that are directly linked to the current price of bitcoin. For example, you are an investor who wants to invest in bitcoin but you do not want to store it physically, Therefore you will, buy the shares of spot ETF fund, which hold the bitcoin in its portfolio. When the bitcoin price goes up, then your shares goes up and the same down. Now i think you understood this. How Spot Bitcoin ETFs Work? 1. The working mechanism is very simple. With the help of ETF an investor can buy or sell the bitcoin without owing the actual bitcoin in its wallet. ] 2. Investor can just buy a shares of bitcoin which would be very save as compare to buy o...